SAMI launches naval systems development facility in Riyadh
Saudi Arabian Military Industries has announced that one of its key units, SAMI Navantia Naval Industries, has launched the Naval Systems Integration and Development Center of Excellence (NSID) at the company’s headquarters in Riyadh. The centre marks a significant milestone in SAMI Navantia’s contribution to achieving the objectives of Saudi Vision 2030, said a statement […]
SAL Saudi Logistics seals land lease deal with Taiba Airports
SAL Saudi Logistics Services (SAL), a market leading air cargo handler and a member of Saudi Arabian Airlines Corporation, said it has signed an agreement with Taiba Airports Operation Company for the leasing of a prime plot at Prince Mohammed bin Abdulaziz International Airport in Madinah. The transaction, which is valued at SAR420,000 per year […]
Alghanim partners with Saudi Coffee Company to introduce Jazean brand
Alghanim Industries, one of the largest privately owned companies based in Kuwait, has forged a strategic partnership with the Saudi Coffee Company, which is owned by the Kingdom of Saudi Arabia’s Public Investment Fund (PIF). This collaboration highlights the Saudi Coffee Company’s specialty coffee brand, Jazean, and is aimed at promoting Saudi Arabia’s distinguished coffee […]
SFD signs deals to support Pakistan’s clean energy sector
Saudi Fund for Development (SDF) has signed two development agreements with Islamic Republic of Pakistan Ministry of Economic Affairs Secretary Dr. Kazim Niaz to finance the establishment of the Shounter Hydropower and the Jagran-IV Hydropower Projects with development soft loans amounting to $66 million and $35 million, respectively. The first agreement is intended to construct […]
World’s only ever Dragon Ball theme park in Saudi Arabia
The Saudi Arabia-based Qiddiya Investment Company has announced that it will be constructing the World’s only ever Dragon Ball theme park as part of its “Qiddiya” giga project. Nestled within Qiddiya City, the Dragon Ball theme park will boast a whopping size of over 500,000 square meters and feature seven different areas that recreate various […]
King, Crown Prince offer condolences to Russia president for the victims of terror attack near Moscow
Custodian of the Two Holy Mosques King Salman has sent a cable of condolences and sympathy to President Vladimir Putin of the Russian Federation for the victims of the terrorist attack that took place near Moscow. Custodian of the Two Holy Mosques strongly condemned this criminal act, and expressed deepest condolences and sincere sympathy to […]