Business & Money | Monday 17 March, 2025 10:03 am

Saudi Arabia, Indonesia to ink MoU to resume hiring domestic workers

Saudi Arabia and Indonesia are set to sign a memorandum of understanding (MoU) to facilitate the recruitment of domestic workers from Indonesia to Saudi Arabia, Bloomberg reported. “The MoU will be signed between the two countries later this month in Jeddah,” said Abdul Qadir Karding,...

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Business & Money | Monday 17 March, 2025 9:52 am

Saudi Kayan signs refinancing deal worth SAR 8.1B

Saudi Kayan Petrochemical Co. signed a Murabaha refinancing deal worth SAR 8.1 billion with several local banks. The refinancing agreement includes replacing the existing debt with new financing. According to a statement to Tadawul, the financing parties include Saudi National Bank (SNB), ...

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Business & Money | Monday 17 March, 2025 9:49 am

Emirates NBD partners with VFS Global to empower consumers with exclusive benefits and services

Emirates NBD, the leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has signed a partnership agreement with VFS Global — the world's largest visa outsourcing and technology services specialist — to offer consumers across the Kingdom access to exclusive...

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Business & Money | Sunday 16 March, 2025 12:40 pm

Energy source integration aims to meet global demand: Aramco Exec

Ashraf Al Ghazzawi, Executive Vice President of Strategy & Corporate Development at Saudi Aramco, said the future of energy lies in integrating both new and conventional sources to meet the rising global demand. Hydrocarbons still dominate the energy market, with oil, gas, and coal...

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Government | Sunday 16 March, 2025 12:38 pm

Non-Saudis can now practice pharmacy-related activities, sell herbal products

The Saudi Cabinet approved allowing non-Saudi owners to practice pharmacy-related activities and sell herbal products. The approval will remain in effect until the Integrated Health Law is enforced. ...

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Business & Money | Sunday 16 March, 2025 12:35 pm

Rating upgrade allows Saudi to issue more favorable bonds, sukuk: NDMC

The National Debt Management Center (NDMC) said that Saudi Arabia’s credit rating upgrade by S&P Global will allow the Kingdom to issue international bonds and sukuk with more favorable financial terms, while reducing borrowing costs. This will, in turn, support development projects and...

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Business & Money | Friday 14 March, 2025 7:24 am

NWC completes water and environmental projects in Al Kharj and Al Sulayel at SR +210m

The National Water Company (NWC), represented by its Central Cluster, announced the completion of three water and sanitation projects in the governorates of Al-Kharj and Al-Sulayel in the Riyadh region. The total cost is more than 210 million Saudi Riyals, including the construction of lines and...

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Business & Money | Friday 14 March, 2025 6:24 am

Zain KSA Completes Major Digital Transformation Program in Collaboration With Netcracker

 Zain KSA announced today that it has completed a large-scale digital transformation program with Netcracker Technology. The complex BSS/OSS transformation across all lines of business was successfully achieved in less than three years. With the new cloud-based BSS/OSS in place, Zain ...

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Business & Money | Friday 14 March, 2025 6:20 am

NWC completes Riyadh Narjes sanitation Project to serve +198,000 beneficiaries at some SR 460m

The National Water Company (NWC), represented by its Central Cluster, revealed that it has recently completed the implementation of sewerage million Saudi Riyals, as part of the company's ongoing efforts to implement its strategic plans to create infrastructure in both the water and environmental...

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Business & Money | Friday 14 March, 2025 6:11 am

Sports Boulevard to Showcase Transformative Urban Development at MIPIM 2025

Sports Boulevard Foundation is pleased to announce its participation in MIPIM 2025, the world’s leading real estate investment event, taking place from March 11-14 in Cannes, France. As part of the 'Invest Saudi' delegation, the Foundation will present key investment opportunities and urban...

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