Saudi Arabia Archives | Gulf Business

Saudi wealth fund PIF launches Badael to make tobacco-free products

Kudakwashe Muzoriwa — Fri, 26 May 2023 05:50:13 +0000

The new company will make tobacco-free nicotine delivery products available across Saudi Arabia by the end of 2023

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UAE’s Majid Al Futtaim issues $500m green sukuk

Kudakwashe Muzoriwa — Fri, 26 May 2023 02:52:31 +0000

The conglomerate will use the proceeds from its fourth green sukuk issuance to refinance an older $800m bond commitment due in May 2024

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Red Sea joins Virtuoso’s portfolio as a travel partner

Marisha Singh — Thu, 25 May 2023 07:08:11 +0000

The destination hopes to be the gold standard for regenerative and sustainable tourism when it opens its doors to travellers later in 2023

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Flynas passenger numbers climb to 2.4 million in Q1 2023

Varun Godinho — Thu, 25 May 2023 06:32:24 +0000

The number of flights it operated in Q1 2023 stood at 17,000, a 13 per cent increase year-on-year

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Saudi Arabia, Canada renew full diplomatic ties

Neesha Salian — Wed, 24 May 2023 22:00:45 +0000

Saudi Arabia had suspended diplomatic ties and halted new trade and investment dealings with Canada in 2018

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Jeddah Islamic Port’s April container volume surges by 25%

Kudakwashe Muzoriwa — Wed, 24 May 2023 14:24:43 +0000

The port’s cargo column saw an addition of 19.33 per cent to the 2022 volume to achieve about 5,261,883 tons

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UAE’s FAB launches supply chain finance in Saudi Arabia

Kudakwashe Muzoriwa — Wed, 24 May 2023 12:08:36 +0000

The programme allows companies to monetise their receivables at competitive rates and get instant payments, without needing to borrow funds

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AI takes flight: Saudia, Accenture collaborate to develop over 260 new digital services

Divsha Bhat — Tue, 23 May 2023 11:42:21 +0000

All the digital systems developed by Accenture will be designed specifically for the airline, increasing operational efficiency and reducing costs

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Rayyanah Barnawi, Ali Al Qarni’s first day at the International Space Station

Marisha Singh — Tue, 23 May 2023 07:59:52 +0000

The Axiom 2 mission brings together three Arab astronauts on board the ISS for the first time in history

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Saudi’s NEOM partners with India’s Rajasthan Royals for first ever cricket programme

Divsha Bhat — Tue, 23 May 2023 05:33:46 +0000

The pilot programme aims to facilitate an active and healthy lifestyle within the growing workforce, forecast to reach 60,000 people by the end of the year

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