Fawaz Abdulaziz Alhokair Co. (“Alhokair” or the “Company”, 4240 on the Saudi Exchange), the leading franchise retailer in Saudi Arabia, today announced a change in leadership which will see Mr. Marwan Moukarzel, the current Chief Executive Officer (“CEO”), stepping down at the end of...
News Highlights (1). The reinsurer’s GWP increased scale by 19.3% to SR 1.1 billion (USD 293 million) in 2021. (2). Company has maintained its Insurance Financial Strength Rating (IFSR) at “A3”. (3). Saudi Re aims to become among top 50 global reinsurers by...
The Ministry of Islamic Affairs, Call and Guidance, represented by the Religious Attaché at the Kingdom of Saudi Arabia's Embassy in South Africa, inaugurated Saturday the Gift Program of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to distribute dates and Ramadan Iftar...
The Diriyah Gate Development Authority (DGDA), in line with its efforts to fully-utilize Diriyah's agricultural resources as part of a Memorandum of Understanding (MoU) with the King Salman Humanitarian Aid and Relief Center (KSRelief), delivered 235 tons of Diriyah farm dates to the center....
Saudi Arabia’s Ministry of Environment, Water, and Agriculture is hosting the Taif Roses, Coffee, and Honey Festival at the ministry’s headquarters in Riyadh, bringing the Kingdom’s farmers and producers under one hub. “The Ministry of Environment has been so supportive of this...
Riyadh Season has announced that Winter Wonderland will conclude its run on March 31 after a successful comeback following two years of pandemic restrictions.Winter Wonderland has become one of the most anticipated Riyadh Season events, with more than 60,000 entry tickets sold during the first...
The winners of this year’s King Faisal Prize on Tuesday received their awards at a glittering ceremony staged in Riyadh. The annual gongs — held under the auspices of King Salman — are the most prestigious in the Muslim world and recognize outstanding achievement in services to Islam,...
: The Annual Investment Meeting (AIM 2022) focuses on today's foreign direct investment trends and prospects under the theme ‘Investments in Sustainable Innovation for a Thriving Future'. This blockbuster event brings along nations and companies from all around the globe under one roof to...
JAGGAER has today announced the expansion of its regional footprint with the opening of the company’s new office in Riyadh. As part of JAGGAER’s growth within the Middle East, the new office in the Saudi Arabian capital will have a team responsible for supporting customers and developing...
Disney+, the streaming service from The Walt Disney Company, has confirmed launch dates for the 42 countries and 11 new territories set to launch this summer. The streaming service will launch in Saudi Arabia and across 15 other MENA markets* on June 8th. Pricing in Saudi Arabia has ...