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: 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 […]
Saudi Arabia’s annual inflation grows 3.1% in September
The consumer price index (CPI) of Saudi Arabia increased by 3.1% year-on-year (YoY) in September 2022, coming above August’s inflation rate of 3%, the General Authority for Statistics announced in a report released on October 13th. The kingdom’s annual inflation rate in September was mainly driven by the 4.3% increase in food and […]
MEPCO to disburse $6.6mln dividends for H1-22
The board of Middle East Paper Company (MEPCO) has decided to pay SAR 25 million as cash dividends for the first half (H1) of 2022, according to a bourse disclosure. The Saudi firm announced a dividend distribution of SAR 0.50 per share, representing 5% of the share nominal value, for 50 million eligible […]
Investors’ transition to health sector in Saudi proves to be trustworthy
The transition of investors from other sectors to invest in the health sector proves that it is a trustworthy sector, Minister of Health Fahad Al-Jalajel confirmed. Al-Jalajel made the remarks during the third session of the Global Health Forum, which is being held this year in Riyadh with the slogan “Transformation in the […]
Riyadh fair consolidates Saudi Arabia’s position as major Gulf cultural destination
The Riyadh International Book Fair 2022, the largest-ever cultural event in Saudi Arabia, comes to a close on Saturday evening. The ten-day festival of books and culture, with the participation of 1200 publishing houses from 32 countries, witnessed the flocking of an unprecedented number of male and female visitors and book fans, and thus […]