Egypt to host 2nd edition of Saudi Green Initiative Forum
Saudi Crown Prince Mohammed bin Salman announced the second edition of the Middle East Green Initiative (MGI) Summit and the Saudi Green Initiative (SGI) Forum will be held in Egypt’s Sharm El-Sheikh in November, Al-Arabiya News reported on October 20th. MGI Summit will take place on November 7th and the SGI Forum will be held […]
Saudi IT firm Al Moammar wins NEOM contract worth $15mln
Saudi Arabia’s Al Moammar Information Systems Co. has won a contract from NEOM for a total of 58.18 million riyals ($15 million). In a regulatory filing on Tadawul on Tuesday, the company said it will provide services related to research collaborations that will be aligned with NOEM’s stated aims in the field of emergent technology, cognitive […]
Saudi Sipchem’s Q3 profit plunges as product prices fall, feedstock costs rise
Saudi-listed Sahara International Petroleum Co (Sipchem) has announced falling year-on-year and quarter-on-quarter profits after sales prices of its products fell while feedstock prices increased. The company announced a third quarter net profit of SAR 774.4 million ( $206.5 million) compared with SAR 1.029 billion, a decrease of 25.74%. It said the decrease was due to […]
Aster Pharmacy enters Saudi Arabia; to set up 250 plus pharmacies
Aster DM Healthcare, one of the largest integrated healthcare providers, is expanding its footprint in Saudi Arabia, aiming to set up 250 pharmacies over a period of five years. Through a joint venture agreement with Al Hokair Holding Group, both partners will work towards bringing Aster Pharmacy’s in-house quality care products to serve […]
e& subsidiary, ADQ complete Starzplay Arabia acquisition
e& subsidiary E-Vision and holding company ADQ have completed their acquisition of 57% of Starzplay Arabia, with E-Vision committing to pay up to $130 million for the video on demand service. A statement to Abu Dhabi Securities Exchange (ADX) from e& said the acquisition is in line with its strategy to scale up the entertainment […]
Saudi, Russian agriculture ministers discuss food security
Minister of Environment, Water, and Agriculture (MEWA) Abdulrahman Al-Fadhli received in his office here on Monday the Russian Minister of Agriculture Dr. Dmitry Patrushev. The two ministers reviewed areas of cooperation of common interest, especially in the agricultural field and food security. The meeting was attended by the Saudi Grains Organization, Governor Eng. Ahmed […]
Saudi Aramco to establish two offshore fabrication yards in alliance with global partners
Saudi Aramco, in collaboration with international partners, is establishing two offshore fabrication yards that aim to deliver a more than 200 percent increase in Saudi Arabia’s offshore fabrication capacity. The new yards are being constructed in Ras Al Khair in collaboration with National Petroleum Construction Company (NPCC) and McDermott International. They are expected to […]
Saudi: Winter Wonderland returns to Riyadh Season with largest skating rink in region
The Chairman of General Entertainment Authority (GEA) Turki Al-Sheikh announced the return of the Winter Wonderland zone to Riyadh Season this year with the largest skating rink in the region and 5 new games to raise the level of visitors’ experiences and give them special and beyond imagination moments, in one of the […]
Saudi Crown Prince, South African Pres. discuss mutual cooperation
Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz held talks Saturday at Al-Salam Palace in Jeddah with visiting South African President Cyril Ramaphosa on bolstering bilateral ties and mutual cooperation. They also touched upon several issues of common interest, the Saudi Press Agency reported. Following the talks, Crown Prince Mohammad […]
Saudi Anime Exhibition returns to Riyadh Season
Within the activities of Riyadh Season 2022, Saudi Anime Exhibition will be launched on Thursday, October 27, in the Riyadh Front zone. The expo includes more than 30 experiences of the best and most famous anime shows, each of which contains entertainment activities designed for anime fans interested in living the vibes of their […]