Business & Money | Monday 7 May, 2018 3:25 pm

Gulf Capital Acquires a Strategic Stake in Geidea

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, today announced that it has acquired a strategic stake in Saudi Geidea, the leading provider of electronic payment solutions and financial technologies in the Kingdom of Saudi Arabia, for a...

More Details

Business & Money | Monday 7 May, 2018 3:00 pm

Tetra Pak® Arabia joins Careem & Al Rabie to Launch Water in Carton packages in Saudi Market

Tetra Pak®, the world's leading food processing and packaging solutions company, has teamed up with Careem & Al Rabie to launch a three-month campaign that will introduce Water In Carton packages to Careem customers.   “Water In Carton” is an innovative...

More Details

Technology & IT | Monday 7 May, 2018 2:20 pm

Huawei wins “Saudi Industrial Quality Award” at the Saudi International Quality Exhibition and Forum

Huawei, a leading global ICT solutions provider, has been awarded with the “Saudi Industrial Quality Award’’ at the second Saudi International Quality Exhibition and Forum (Saudi Qualex,) held in Riyadh on April 29. The award comes in recognition of Huawei’s outstanding ...

More Details

Business & Money | Monday 7 May, 2018 5:26 am

Madinah governor opens 1st conference on ‘Humanizing Cities’

Prince Faisal bin Salman, Madinah’s governor and chairman of its development authority, will patronize the inauguration of the first International Conference on Humanizing Cities on May 7-10. The conference is organized by the Development Authority of Madinah at Taibah University, with the ...

More Details

Culture & Education | Monday 7 May, 2018 4:23 am

Cinema licensing body wants KSA to attract producers from all over the Arab world

Movie screenings returned to the Kingdom on April 18 with the gala premiere of “Black Panther” in Riyadh, and one man in the audience was watching more closely than most. Reda Alhaidar, the president of the General Commission for Audiovisual Media (GCAM), is in charge of the...

More Details

Tourism & Hospitality | Monday 7 May, 2018 3:24 am

KSA’s 300kph Haramain train to start service in September

The first high-speed electric trains between Makkah and Madinah will be running by September, Saudi Transport Minister Nabil bin Mohammed Al-Amoudi said on Sunday.  The high-speed electric train is designed to travel at speeds of more than 300 kilometers per hour and is considered the...

More Details

Technology & IT | Sunday 6 May, 2018 4:29 am

Badir Program launches new strategy to invest in startups 9 hours ago

Badir Program for Technology Incubators and Accelerators, one of the leading initiatives of King Abdulaziz City for Science and Technology (KACST), has launched a new investment strategy seeking to invest in “high potential” technology start-ups with a focus on the program's...

More Details

Business & Money | Sunday 6 May, 2018 3:54 am

Makkah forum targets investment surge in Saudi Arabia

Makkah Gov. Prince Khaled Al-Faisal will open the first Makkah Economic Forum on Sunday. The two-day event, under the theme “From Vision to Prosperity: Invest in Makkah,” will be held at the Jeddah Ritz-Carlton. The forum is organized by the province in cooperation with the Jeddah,...

More Details

Government | Sunday 6 May, 2018 3:51 am

Local pilgrims’ Haj registration starts in mid Ramadan

The registration process for domestic pilgrims to perform Haj will begin in mid-Ramadan on May 30 and will last till July 13 (end of Shawwal), the Ministry of Haj and Umrah announced on Saturday. Citizens and residents intending to perform Haj this year can register through...

More Details

Environment & Energy | Sunday 6 May, 2018 3:48 am

Saudi Aramco awards 16 local firm deals worth $7 billion

Saudi Aramco said on Saturday it awarded 16 local companies deals worth more than 26 billion riyals ($6.93 billion) as part of a drive to expand the kingdom’s industrial base and manufacture a bigger share of products domestically.   The 10-year purchase agreements, signed on May...

More Details