Business & Money | Thursday 17 June, 2021 7:44 am

SAOC, NEOM sign MoU to develop competitive sports ecosystem

The Saudi Arabian Olympic Committee (SAOC) has Wednesday announced the signing of a five-year Memorandum of Understanding (MoU) with the NEOM to collaborate on developing and enhancing a globally competitive sports ecosystem within Saudi Arabia. Signed by Minister of Sports Prince Abdulaziz...

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Business & Money | Thursday 17 June, 2021 7:41 am

Saudi Arabia to host 23rd conference of Arab Culture Ministers in 2022

Saudi Arabia will host the 23rd Conference of Arab Culture Ministers in 2022 upon agreement with the Arab League Educational, Cultural, and Scientific Organization (ALECSO). The event will be organized by the Saudi Minister of Culture and Chairman of the National Commission for Education,...

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Business & Money | Thursday 17 June, 2021 7:26 am

SADAFCO Announces Strong Sales and Solid Net Profit Performance for Financial Year 2020-21

Saudia Dairy and Foodstuff Company (SADAFCO) announced year-on-year growth in revenue and operating profit for the financial year (FY) 2020-21. Annual revenue reached SAR2.1 Billion, a year-on-year, (YoY)increase of 2.4%, while operating profit grew 3.3%, reaching SAR 285 Million. Net profit...

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Business & Money | Thursday 17 June, 2021 1:03 am

Fintech Saudi Launches a National Youth Art Competition and Invites All Youth to Participate

Fintech Saudi, an initiative launched by the Saudi Central Bank and the Capital Markets Authority to support the growth of the financial services technology (“fintech”) industry in Saudi Arabia, is pleased to announce the launch of  the Fintech Saudi Youth Art Competition. The Fintech ...

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Business & Money | Wednesday 16 June, 2021 8:31 am

“The Journey” Saudi Anime Movie Showing This Week in Nine Arab Countries

Manga Productions a subsidiary under MISK foundation, premiered “The Journey”, the first ever Saudi Japanese anime at VOX cinema today in VOX Cinemas Riyadh Front. The highly anticipated animation movie provides viewers with exceptional cinematic experience in 4DX technology and will be...

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Business & Money | Wednesday 16 June, 2021 8:23 am

KING ABDULLAH PORT ACHIEVES NEW RECORD FOR MONTHLY BREAKBULK CARGO HANDLING

King Abdullah Port achieved a new record for the monthly volume of breakbulk cargo, by handling over 600,000 tons. The accomplishment demonstrates the port’s outstanding capacity and efficiency in cargo handling as well as the role it plays in facilitating the smooth flow of trade in the Kingdom...

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Business & Money | Wednesday 16 June, 2021 8:17 am

Saudi Arabia hosts an International Auction for Falcon Breeding Farms Around the World

The Saudi Falcons Club (SFC) is hosting the first-ever International Falcon Breeders Auction (IFBA) within the Kingdom, which will take place at the club's headquarters in Malham, north of Riyadh, from August 05, 2021 to September 05, 2021.The international auction aims to provide top-tier falcons...

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Business & Money | Tuesday 15 June, 2021 10:56 am

KPMG: Pandemic led governments to focus on people-centric policies

Modernizing Government, KPMG’s latest report on global trends in public administrations, presents insights from a study into evolving modus operandi in governments of eight major economies including Saudi Arabia. Aside from assessing the handling of service delivery, supply chain and back...

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Business & Money | Tuesday 15 June, 2021 10:42 am

Ericsson ConsumerLab: Pandemic-driven online adoption habits to be future norm

The move to handling essential elements of everyday life online, prompted by the Global Covid-19 pandemic, will remain a fundamental reality for people around the world long after the pandemic has passed, a comprehensive new consumer report by Ericsson (NASDAQ: ERIC) predicts.Called The Future...

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Business & Money | Tuesday 15 June, 2021 10:38 am

Red Sea International Film Festival welcomes Edouard Waintrop as Artistic Director

The Red Sea International Film Festival (RSIFF) has announced Edouard Waintrop as its Artistic Director ahead of the inaugural edition in November 2021. Waintrop is an esteemed critic and former Artistic Director of the Directors' Fortnight (2011 – 2018), an independent program running parallel...

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