Business & Money | Thursday 12 September, 2024 9:34 am

Riyadh to Host Global PropTech Summit in October

The Real Estate General Authority (REGA) will host the inaugural Global PropTech Summit in Riyadh in October. The event will be held under the patronage of Minister of Municipalities and Housing and REGA Board of Directors Chairman Majed Al-Hogail. The National Housing Company (NHC) will serve as a ...

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Environment & Energy | Friday 27 September, 2024 5:52 am

OPEC+ unlikely to change oil output policy: Novak

Russian Deputy Prime Minister Alexander Novak stressed today, Sept.  26, that all OPEC+ members are fully committed to oil output policy.   On the sidelines of Russian Energy Week, Novak said OPEC+ is closely monitoring the supply and demand balance in the oil market,...

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Business & Money | Friday 27 September, 2024 5:48 am

Merak Capital's SAR 310.8 Million Investment in SHIFT Propelling Forward Groundbreaking Mobility Solutions

Merak Capital, a technology-focused investment firm, announced an investment of SAR 310.8 million (USD 82.8 million) in SHIFT, a comprehensive platform specializing in technology-driven mobility solutions for people and products. This significant capital injection aligns with Saudi Arabia's...

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Environment & Energy | Friday 27 September, 2024 5:44 am

OPEC+ to go ahead with plans to boost oil output

OPEC+, which groups OPEC members and its allies, will go ahead with a planned oil production increase in December but first need to cut output to address overproduction by some members, two well-informed sources told Reuters.   The output increase in December is not about regaining...

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Environment & Energy | Friday 27 September, 2024 5:33 am

MEWA: Poultry meat production up 9% to 558M kg in H1 2024

Saudi Arabia has made a new leap in the volume of poultry meat production during the first half of 2024, achieving a record production of 558 million kilograms, a year-on-year (YoY) increase of 9%, from 511 million kilograms a year earlier, the Ministry of Environment, Water and Agriculture (MEWA)...

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Business & Money | Friday 27 September, 2024 5:04 am

HRSD Ministry launches Labor Market Skills Survey initiative

The Ministry of Human Resources and Social Development (HRSD) launched the Labor Market Skills Survey initiative for 2024, in cooperation with the World Bank Group and research firm Nielsen IQ.   The initiative seeks to align labor market skills with private sector demands, identify...

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Beauty & Style | Thursday 26 September, 2024 5:18 pm

"Jazeera Paints" Celebrates the Saudi National Day 94

In a distinguished celebration reflecting a spirit of national belonging, “Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, has celebrated the 94th Saudi National Day at its headquarters in Riyadh and Khamis Mushait on September...

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Government | Thursday 26 September, 2024 3:23 pm

Crown Prince launches Riyadh Non-Profit Foundation

Crown Prince Mohammed bin Salman, Prime Minister and Chairman of the Royal Commission for Riyadh City (RCRC), announced today the launch of the Riyadh Non-Profit Foundation and the formation of its board of directors.   RCRC issued a decision to form the foundation's board of...

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Technology & IT | Thursday 26 September, 2024 11:28 am

HONOR Expands its Presence in Saudi Arabia with a New HONOR Experience Store in Al Madina

The global technology brand HONOR, announced the grand opening of its latest experience store in the Kingdom of Saudi Arabia, located in Al Madina.  This marks the fifth store based in the Kingdom, in line with HONOR’s commitment to providing the latest product experiences and support...

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Business & Money | Thursday 26 September, 2024 10:48 am

Mobily Showcases Investments in Submarine Cables and Terrestrial Networks at Submarine Networks World 2024 in Singapore

Mobily announced its participation in the Submarine Networks World 2024, taking place from 25-26 September in Singapore. With over 130 speakers addressing key issues for the global Telecommunications and Submarine industry , Mobily will highlight its strategic investments in submarine cables,...

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Business & Money | Thursday 26 September, 2024 10:44 am

Under the patronage of His Highness Riyadh’s Mayor, ROSHN and Riyadh Infrastructure Projects Center sign MoU to advance project execution in the country’s capital

ROSHN, the Kingdom’s leading national multi-asset class real estate developer and a PIF company, has signed a memorandum of understanding with the Riyadh Infrastructure Projects Center (RIPC) to further how infrastructure projects are planned and delivered in the capital and its surrounding area. ...

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