The Public Investment Fund (PIF) and Virgin Group will form a $1 billion partnership to invest in Virgin Galactic, The Space Ship and Virgin Orbit, the Saudi Press Agency (SPA) reported.
The agreement includes a $480 million future option for investment in the space services sector....
SEDCO Capital, one of the largest asset managers in Saudi Arabia, was invited to participate in the 2nd Global Ethical Finance Forum to discuss the interplay between Ethics, Faith, Finance and Impact.
The 2nd Ethical Finance conference, which took place in Edinburgh with the support of ...
Zain Saudi Arabia reported its third consecutive quarterly net profit for the period ending 30 September 2017 reflecting a significant turnaround in the company’s historical performance. Ongoing focus on customer acquisitions, further improvement in quality of service and network reach and...
Emaar Hospitality Group, the hospitality & leisure business of Emaar Properties PJSC, has appointed Ibrahima Gaye, an engineering expert with over 20 years’ experience - 14 in the hospitality industry - as the Corporate Director of Engineering.
To focus on innovative...
The Public Investment Fund (PIF) and Softbank Vision Fund signed a memorandum of understanding (MoU) on Wednesday to establish the ‘Solar Energy Plan 2030’, which will be a new framework for development of the Kingdom’s solar energy sector.
The MoU was signed during the...
wasl properties, a subsidiary of wasl Asset Management Group, has released its highly anticipated ‘wasl Opal’ building for leasing, bringing 90 new residential units and additional retail spaces in Umm Hurair, close to Karama Central Post Office. The project reflects wasl’s...
Mohamed Alabbar, the Emaar Properties chairman, is keen to do further business with Saudi Arabia, and would like to help the Kingdom to develop the $500 billion Neom project announced at the opening day of the Future Investment Initiative in Riyadh.
Speaking on the sidelines of the conference, ...
Alpha Destination Management, the leading destination management company in the Arabian Gulf, has signed an exclusive agreement with Expedia, the world’s largest online travel company, to operate the Expedia Local Expert® program in Dubai and Abu Dhabi. The agreement will be effective...
As part of its efforts to highlight the role of Arabs in the progress of mankind, the King Faisal International Prize has so far recognized the contributions of 108 Arabs, including individuals of Arab origin, as well as Arab organizations. Among the individual winners are rulers,...
UAE Exchange, the leading money transfer, foreign exchange and payments solutions brand, marked its 37th anniversary yesterday with the opening of DigiLab, a permanent showcase for the Group’s innovation and digital assets, at its global headquarters in Abu Dhabi. DigiLab was officially...