Business & Money | Friday 9 February, 2024 1:19 am

Saudia and THE RIG. Partner to Elevate Travel and Tourism Industry

Saudia, the national flag carrier of Saudi Arabia, has signed a Memorandum of Understanding (MoU) with the Oil Park Development Company (OPDC), a wholly owned subsidiary of the Public Investment Fund (PIF) and the entity behind the world-first adventure tourism destination, THE RIG. The...

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Business & Money | Friday 9 February, 2024 12:16 am

EDGE to Collaborate with Turkish Aerospace Industries on Advanced Airborne-Domain Projects

EDGE, one of the world’s leading advanced technology and defence groups, today signed a Memorandum of Understanding (MoU) with Turkish Aerospace, a prominent Türkiye-based aerospace and defence technology company, at the World Defense Show in Riyadh, Saudi Arabia, to work together on several...

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Business & Money | Friday 9 February, 2024 12:03 am

Dubai Customs and UK’s counterpart Unite in Dynamic Cooperation: Elevating Trade Security

H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, engaged in discussions with a delegation from the UK’s HM Revenue & Customs (HMRC). The talks centered on strengthening collaborative efforts in customs, sharing expertise, and ...

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Business & Money | Thursday 8 February, 2024 9:28 am

Diriyah Company Concludes its Participation at the 2nd Annual PIF Private Sector Forum

Diriyah Company participated for the second time in the annual Private Investment Fund (PIF)Private Sector Forum, showing the Diriyah project, development progress and the attractive investment opportunities on offer to the private sector.   Held at the King Abdulaziz International...

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Business & Money | Thursday 8 February, 2024 3:32 am

At PIF Private Sector Forum, Saudi Coffee Company Inks 9 Key Agreements, Promoting Sustainability

Saudi Coffee Company, a wholly-owned subsidiary of the Public Investment Fund, is set to take part in the upcoming PIF Private Sector Forum, underscoring its commitment to advancing the local coffee industry through the signing of nine agreements. The forum, serving as a meeting ground for private...

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Business & Money | Thursday 8 February, 2024 1:35 am

NEOM announces Xaynor, an exclusive private members club

The Board of Directors of NEOM has announced Xaynor, a beachfront private members club, nestled among the rocky landscapes along the pristine coastline of the Gulf of Aqaba. Xaynor is the latest addition to the evolving regional development in northwest Saudi Arabia.   Xaynor’s...

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Business & Money | Thursday 8 February, 2024 12:02 am

KAFD Seals New Partnerships at PIF Private Sector Forum

The King Abdullah Financial District Development and Management Company (KAFD DMC) announced today a series of groundbreaking partnerships and collaborations at the second edition of the Public Investment Fund’s (PIF) Private Sector Forum, held at the King Abdulaziz International Conference...

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Business & Money | Wednesday 7 February, 2024 2:08 pm

NWC completes pumping reinforcement system in south and west Riyadh with 1m m3 capacity at a +683m SR

The National Water Company (NWC) announced the enhancement of the water pumping system in the west and south districts of Riyadh. The planned capacity is one million cubic meters at a cost of more than 683 million Saudi Riyals. The project will serve more than one million beneficiaries under...

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Business & Money | Wednesday 7 February, 2024 2:07 pm

Ministry of Defense and Saudia Private Collaborate to Enhance Air Force Support Services

The Ministry of Defense and Saudia Private, a strategic business unit of Saudia Group, have signed an agreement aimed at bolstering air and logistical support services for a variety of Air Force aircraft. The signing ceremony took place during the World Defense Show 2024 in...

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Business & Money | Wednesday 7 February, 2024 12:31 pm

“Ports, Customs and Free Zone” earns the “Great Place To Work” certification

The Ports, Customs, and Free Zone Corporation (PCFC) has been awarded the "Great Place To Work Certification" by the "Great Place to Work" organization. This recognition stems from a thorough and independent analysis of employee opinions regarding the work environment. Approximately 90%...

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