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Saudi foreign minister meets Singaporean counterpart in Riyadh

Saudi Arabia’s Foreign Minister Prince Faisal Bin Farhan welcomed Singapore Foreign Minister Dr. Vivian Balakrishnan at the Ministry of Foreign Affairs in Riyadh on Sunday. The meeting focused on discussing the evolving relations between the two friendly nations and exploring ways to further enhance and support these ties across various fields. Additionally, the ministers delved […]

ACWA Power says breakdown at Morocco solar plant costs firm $47m

Saudi Arabian renewable energy utility ACWA Power International on Sunday reported a storage breakdown at one of the solar plants it operates in Morocco that will cost the company an estimated $47m. The 150-megawatt plant, part of the Noor Ouarzazate solar complex, will be forced to remain idle until November 2024, the company said in a bourse […]

4-day Eid Al-Fitr holiday for Saudi private and non-profit sectors

The Ministry of Human Resources and Social Development has announced that there will be four-day Eid Al-Fitr holiday for the private and non-profit sectors in the Kingdom. The ministry said that the holiday will start at the end of the working on Monday, Ramadan 29, corresponding to April 8. “Employers must adhere to what has […]

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 […]