Business & Money | Thursday 24 June, 2021 9:08 am

GAMI presents growth strategy for Saudi military sector Previous

The US-Saudi Business Council (USSBC) and the General Authority for Military Industries (GAMI) presented an executive virtual webinar on Wednesday titled “Understanding Saudi Arabia’s Military Industry Growth Strategy.” Moderated by USSBC President and CEO H. Delano Roosevelt, the...

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Culture & Education | Thursday 24 June, 2021 9:06 am

King Abdul Aziz library launches reading marathon

The King Abdul Aziz Public Library is hosting activities and events for the fourth session of the Reading Marathon for Children, which will continue until July 14.Children taking part in the four-week marathon will be divided into two age groups: The first for children aged between seven and 10,...

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Business & Money | Thursday 24 June, 2021 9:02 am

HSBC Saudi Arabia acts as a Lead Manager and Bookrunner on ACWA Power’s first Saudi Riyal Sukuk

  HSBC Saudi Arabia acted as the Arranger and Dealer on the establishment of ACWA Power’s SAR 5 Billion Sukuk Program as well as a Lead Manager, Bookrunner, Sukukholders’ Agent and Payment Administrator on the senior unsecured Sukuk issuance of SAR 2.8 Billion, which settled on 14...

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Business & Money | Thursday 24 June, 2021 8:54 am

AMAALA Receives Five Prestigious Accolades for Innovative Branding at Transform Awards 2021

 AMAALA received top honors at the Transform Awards 2021, a global initiative that celebrates innovative, creative and successful brand work from across in the Middle East and Africa. During a distinguished ceremony hosted on 25 May at the V Hotel in Al Habtoor City, Dubai, AMAALA and its...

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Business & Money | Thursday 24 June, 2021 2:10 am

Tawuniya appoints Dr. Ammr Kurdi as Chief Financial Officer

The Company for Cooperative Insurance (Tawuniya) announced the appointment of Dr. Ammr K. Kurdi as Chief Financial Officer (CFO). This step aims to empower the national competencies and hire the best Saudi talents at all administrative levels to achieve the company’s strategic goals and develop...

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Environment & Energy | Wednesday 23 June, 2021 9:23 am

Saudi Arabia’s NEOM and KAUST partner to create the world’s largest coral garden in the Red Sea

 Officials in Saudi Arabia have announced a joint project to establish the largest coral garden in the world at NEOM, the futuristic mega-city being built in the Kingdom’s northwest. NEOM and King Abdullah University of Science and Technology (KAUST) said that the project that will...

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Government | Wednesday 23 June, 2021 9:20 am

Custodian of the Two Holy Mosques Chairs Cabinet's Virtual Session

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Prime Minister, on Tuesday chaired the Cabinet's virtual session. At the outset of the meeting, the Cabinet was briefed on the contents of two messages the Custodian of the Two Holy Mosques and HRH the Crown Prince...

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Cars & Autos | Wednesday 23 June, 2021 3:38 am

Hyundai Motor Turns Up the Heat with First Images of Elantra N — A Race Proven Everyday Sportscar

Hyundai Motor Company today revealed the first glimpse of Elantra N (sold as Avante N in South Korea), the latest addition to its high-performance N range. This is Hyundai Motors’ sixth N brand model, following the unveiling of Kona N in April this year. Elantra N is the high-performance...

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Business & Money | Wednesday 23 June, 2021 2:32 am

Red Hat Extends Support for EMEA Partners to Accelerate Container Platform Innovation

Red Hat, Inc., the world's leading provider of open source solutions, today announced Leading with Containers, an initiative for Red Hat Business Partners in EMEA to help them tap into the growing container platform market. The initiative supports and accelerates the commitment of select Red Hat...

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Sports | Wednesday 23 June, 2021 1:25 am

Saudi Sports for All Federation signs Memorandum of Understanding with KAFD to collaborate towards a health and well-being culture

The Saudi Sports for All Federation (SFA) represented by its President HRH Prince Khaled bin Alwaleed bin Talal Al Saud, and King Abdullah Financial District (KAFD) represented by CEO Mr. Gautam Sashittal have signed a Memorandum of Understanding (MoU) to create a framework of cooperation that...

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