Business & Money | Monday 26 April, 2021 11:11 am

Saudi private sector leads surge in female employment, study shows

 The Saudi private sector is hiring women at twice the rate of the public sector, a new study reveals. Between the beginning of 2019 and the end of 2020, Saudi women in the labor market grew by 64 percent, as the Kingdom underwent several social reforms, particularly for its female...

More Details

Business & Money | Monday 26 April, 2021 10:37 am

Council of Economic and Development Affairs Sheds Light on the Kingdom’s Vision 2030's Most Important Achievements in Five Years After its Inception

Conveying his gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, for the special care and great support he is providing to the Kingdom's Vision 2030, His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Chairman of the...

More Details

Business & Money | Monday 26 April, 2021 10:22 am

KPMG to Assess the Cybersecurity Posture for Energy Giant Aramco’s Suppliers News Highlights

  KPMG Professional Services in Saudi Arabia has signed an agreement with Aramco, one of the largest energy and chemicals companies in the world, to examine and strengthen the cybersecurity compliance checks across Aramco’s third-parties and suppliers. Aramco has recently implemented...

More Details

Business & Money | Monday 26 April, 2021 8:44 am

Deal to support skills training in Saudi labor market

A new deal signed between the Ministry of Human Resources and Social Development and the Education & Training Evaluation Commission (ETEC) will improve cooperation in supporting skills training in the labor market.The memorandum of understanding (MoU), signed on Sunday by the ministry’s...

More Details

Business & Money | Sunday 25 April, 2021 1:53 am

Saudi Central Bank Introduces SR200 Banknote, on the Occasion of 5th Anniversary of Launching Kingdom Vision 2030

The Saudi Central Bank announced introducing a new banknote of SR200 denomination, on the occasion of the 5th year of launching the Kingdom Vision 2030, in the reign of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, based on the fourth article of the Saudi Monetary System, ...

More Details

Business & Money | Sunday 25 April, 2021 1:48 am

Saudi Arabia to launch global electronic platform for dates

Saudi Arabia is launching a global electronic platform for dates as a way to introduce international investors to the different types of the fruit being produced in the country.The Kingdom is one of the most important date-producing nations in the world, accounting for 17 percent of global...

More Details

Business & Money | Sunday 25 April, 2021 1:42 am

ADES International Holding plc declares cash offer by Innovative Energy Holding Ltd unconditional

ADES International Holding plc (“ADES International” or the “Company”), a leading oil and gas drilling and production services provider in the Middle East and North Africa, is pleased to announce that the recommended offer by Innovative Energy Holding Ltd (“Innovative Energy”) has now...

More Details

Business & Money | Sunday 25 April, 2021 1:35 am

9 in 10 adults in Middle East willing to take personal action on sustainability issues: new Mastercard study

As Earth Day is observed around the world today, new research on sustainability, commissioned by Mastercard, reveals a marked increase in consumer passion for the environment, as personal attitudes toward the environment evolve as a result of COVID-19. In the Middle East region, 9 in 10...

More Details

Business & Money | Thursday 22 April, 2021 11:33 am

Saudi Cruise partners with MSC Cruises for winter season

Saudi Cruise Co., owned by the Public Investment Fund, signed a joint agreement on Wednesday with MSC Cruises to launch its trips in the Red Sea and the Arabian Gulf during the upcoming winter season.The announcement came during a meeting between Fawaz Farooqui, interim CEO of the Red Sea Cruise...

More Details

Business & Money | Thursday 22 April, 2021 11:21 am

Nadec Announces Winning Joint Tender to Acquire Flour Mill with over SR2 Billion

The National Agricultural Development Company (Nadec) announced the awarding of joint tender offered by Nadec and the “coalition members” to acquire one out of two flour mills that were floated for privatization by the National Center for Privatization and Saudi Grains Organization.The value of ...

More Details