KPMG: Majority of CEOs remain confident of Saudi Arabia’s growth prospects
Saudi Arabia – KPMG, a leading provider of audit, tax and advisory services in the Kingdom of Saudi Arabia, has unveiled their latest CEO Outlook, titled ‘Gearing up for growth and governance,’ which provides perspectives on the global and local business and economic landscape over the next three years. The insights are based on the […]
Saudi Arabia allocates $7.8bln worth of investments for Expo 2030 – state media
Saudi Arabia has allocated $7.8 billion worth of investments for Expo 2030, state news agency SPA reported early on Wednesday. “I highlighted the Kingdom’s investment of $7.8 billion in the Expo and the opportunities and enriched experience available to international companies,” Saudi investment minister Khalid al-Falih said, as Riyadh made its bid for hosting […]
Dallah Healthcare unveils $13mln cash dividends for Q1-23
Dallah Healthcare Company announced cash dividends valued at SAR 48.84 million, representing 5% of its capital, for the first quarter (Q1) of 2023. The Saudi firm will disburse SAR 0.50 per share for 97.68 million eligible shares, according to a bourse disclosure. Eligibility and payment dates for the dividends will be 6 and 20 July […]
Saudi Arabia grants industrial licence to local EV brand Ceer
Saudi Arabia’s Ministry of Industry and Mineral Resources has granted an industrial license to Ceer, the first local electric vehicle (EV) brand. The EV manufacturing facility will cover an area of one million square metres in King Abdullah Economic City’s Industrial Valley, the ministry said in a tweet. Ceer will attract over $562 million of […]
Al Hammadi Holding to disburse $15mln dividends for Q2-23
The board members of Al Hammadi Holding decided to pay out SAR 56 million as cash dividends for the second quarter (Q2) of 2023. The Saudi firm will disburse SAR 0.35 per share for 160 million eligible shares, according to a bourse disclosure. Eligibility and distribution dates for the dividends will be 2 and […]