Business & Money | Monday 5 June, 2023 9:57 am

Elm in initial talks to acquire PIF stake in Thiqah

Elm Co. is in preliminary talks with Thiqah Business Services Co. to buy Public Investment Fund’s (PIF) entire ownership in Thiqah, the Tadawul-listed firm said in a statement. These talks do not imply that the acquisition deal will be concluded, it added. An agreement between both...

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Culture & Education | Monday 5 June, 2023 9:54 am

Saudi Arabia to display interactive design installation “Woven” at London Design Biennale 2023

The Architecture and Design Commission announces the participation of the Kingdom of Saudi Arabia in the fourth edition of the London Design Biennale.Inspired by the 2023 London Design Biennale theme of “Remapping Collaborations”, the Saudi Pavilion will exhibit an interactive...

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Business & Money | Monday 5 June, 2023 9:32 am

Sharakah participates in 32nd edition of COMEX 2023, with focus on tech sector SME development

MUSCAT: Sharakah, the leading entrepreneurship development company in Oman, recently took part in the 32nd edition of COMEX 2023, a highly regarded event organised by OITE in collaboration with the Ministry of Transport, Communications, and Information Technology, as well as the Oman Vision...

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Environment & Energy | Monday 5 June, 2023 9:08 am

Ministry of Energy: Saudi Arabia Will Extend Its Voluntary Cut Until the End of December 2024

An official source in the Ministry of Energy announced that, as a precautionary measure, the Kingdom of Saudi Arabia will extend its voluntary cut of 500 thousand barrels per day until the end of December 2024, in coordination with some countries participating in the OPEC Plus agreement. This...

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Tourism & Hospitality | Monday 5 June, 2023 9:00 am

Kanoo Travel and G Travel International Form Partnership to Redefine Travel Management Ecosystem

Kanoo Travel, the first IATA member agency in the GCC and prominent force within the Middle East’s travel Industry, has announced the launch of its new vertical, ‘Kanoo Travel MORE’ for offshore, marine, resource, and energy travel solutions, as well as the emergence of a strategic...

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Sports | Monday 5 June, 2023 8:43 am

Next World Forum returns for its second edition

The biggest names in the world of international gaming and esports will gather in Riyadh for the second edition of the Next World Forum, a major global industry gathering created to shape the future of the rapidly evolving sector through knowledge exchange, discourse and debate. This year’s...

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Environment & Energy | Monday 5 June, 2023 8:22 am

Ministry of Energy: Saudi Arabia will implement an additional voluntary cut in its production of crude oil

Ministry of Energy: Saudi Arabia will implement an additional voluntary cut in its production of crude oil, amounting to one million barrels per day, starting in July for a month that can be extended An official source in the Ministry of Energy in the Kingdom of Saudi Arabia announced that, in ...

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Business & Money | Sunday 4 June, 2023 3:41 pm

Deloitte announces Hadeel Biyari as its first Saudi Indirect Tax Partner

Deloitte announced the admission of Hadeel Biyari to partnership, making her the first Saudi Indirect Tax Partner at Deloitte and in the Saudi market.    Hadeel’s appointment reinforces Deloitte’s commitment to provide an array of specialized tax services to its clients in...

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Tourism & Hospitality | Sunday 4 June, 2023 1:05 pm

Intigral Joins Telecoms World Middle East 2023: Tapping into New Horizons of Telco-OTT Partnerships

Intigral, the leading provider of digital entertainment and sports in the MENA region, has participated in the Telecoms World Middle East 2023 conference held on May 30-31 at Madinat Jumeirah in Dubai. Under the theme: Digital Transformation of Telcos for Operators & Partners, the event brought ...

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Government | Sunday 4 June, 2023 11:21 am

King Abdullah Port Celebrates Highest Record Handling of 20,153 TEU on Single Vessel in Saudi Ports

In an outstanding achievement on its journey to becoming a leading global logistics and transportation hub, King Abdullah Port, the most efficient port by the World Bank 2022 report, has recorded the highest handling volume on a single vessel call in Saudi Ports. The Port handled 20,152 TEUs within ...

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