The Saudi Tourism Authority signed more than 40 memorandums of understanding (MoUs) and strategic partnerships during its participation in the Arabian Travel Market exhibition in Dubai. The authority announced its strategic partnerships with Riyadh Air and Saudia, in addition to...
The Real Estate General Authority (REGA) has an e-network to monitor all real estate transactions in the Saudi market, starting from linking more than one network with the authority and the 34 licensed real estate platforms, Al Ekhbariya TV reported, citing Spokesperson Tayseer...
Majid Al-Qasabi, Minister of Commerce and Chairman of General Authority of Foreign Trade (GAFT), highlighted the importance of enhancing trade between Saudi Arabia and Thailand, indicating that the Kingdom believes in the significance of boosting trade exchange between the two...
Mohammed Al-Rumaih, CEO of Tadawul, announced that the second phase of its post-trade infrastructure development will launch in the third quarter of this year, marking the most significant upgrade to the Saudi financial market's infrastructure. During The Capital Markets Forum in...
AlUla, the ancient oasis city in the northwest of Saudi Arabia, has entered into a strategic partnership with Riyadh Air, Saudi Arabia’s new world-class airline which has announced an ambitious target to fly to over 100 destinations by 2030. Having signed a memorandum of understanding (MoU)...
Khalid Al-Hussan, CEO of Saudi Tadawul Group, opened today, May 9, the international edition of the Capital Markets Forum 2024 in Hong Kong. The event, held in cooperation with Hong Kong Stock Exchange, embodies the strategic cooperation between Saudi Arabia and Hong Kong at the level of...
Saudia, the national flag carrier of Saudi Arabia, has announced a partnership with the Arab National Bank (anb) to introduce the Visa Signature and Infinite credit cards, in collaboration with Visa Inc. These cards, tailored for anb customers who are members of the AlFursan Loyalty Program, offer...
ENOC Group, the leading integrated global energy player, has reported its highest ever profitability in FY 2023. This exceptional performance underscores the success of the new long-term growth strategy aimed at delivering world-class sustainable and integrated energy solutions further reinforcing...
Sumou Real Estate Co. received, on May 7, the Capital Market Authority’s (CMA) approval on the request to increase capital from SAR 375 million, to SAR 500 million via a bonus issue at 1-for-3, according to a statement to Tadawul. ...
Saudi Arabian Oil Co. (Saudi Aramco) expects to pay SAR 466.1 billion, or $124.3 billion, in dividends in 2024, including a base dividend of SAR 304.4 billion and a performance-linked dividend of 161.7 billion. “Our first-quarter performance reflects the...
