The new company will make tobacco-free nicotine delivery products available across Saudi Arabia by the end of 2023
The conglomerate will use the proceeds from its fourth green sukuk issuance to refinance an older $800m bond commitment due in May 2024
The destination hopes to be the gold standard for regenerative and sustainable tourism when it opens its doors to travellers later in 2023
The number of flights it operated in Q1 2023 stood at 17,000, a 13 per cent increase year-on-year
Saudi Arabia had suspended diplomatic ties and halted new trade and investment dealings with Canada in 2018
The port’s cargo column saw an addition of 19.33 per cent to the 2022 volume to achieve about 5,261,883 tons
The programme allows companies to monetise their receivables at competitive rates and get instant payments, without needing to borrow funds
All the digital systems developed by Accenture will be designed specifically for the airline, increasing operational efficiency and reducing costs
The Axiom 2 mission brings together three Arab astronauts on board the ISS for the first time in history
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
The eco-luxury resort, which will feature 76 villas, is scheduled to be launched by 2027
The green hydrogen production plant is currently being built at Oxagon in Saudi Arabia’s NEOM region
Multiple properties from brands including Anantara, Avani, Tivoli and Oaks will open across different regions within the kingdom
The price range has been set between SAR100 and SAR130 per share, with 85,600 shares on offer representing 16 per cent of company’s share capital
Saudi Arabia’s historic mission signifies the nation’s commitment to advancing space exploration under the ambit of the Vision 2030 national agenda
The new solar projects, which will be jointly owned with ACWA and PIF’s Badeel, will have a combined production capacity of 4.55 GWac
The 32nd Arab League summit brings together 22 member countries and five observer nations in Saudi Arabia’s coastal town
It will include a 230-key Raffles hotel, a 250-key Sofitel Serviced Residence and a 60-villa MGallery resort
Nassir Al-Naimi remains in charge of Aramco’s oil and gas production while Mohammed Al Qahtani will continue to run the refining and chemicals business
It has signed a master development agreement with Tashyid for Hotel Operations to develop the hotels totaling 2,500 keys
Guests may expect to gain all the benefits of codeshare flights including connectivity, baggage transfer and the convenience of having their entire journey managed by one airline
The drilling company’s earnings before interest, taxes, depreciation and amortisation in Q1 2023 reached SAR323m, with a margin of 41.5 per cent
Moody’s Investor Services affirmed Saudi Real Estate Refinance Company’s ‘A2’ long-term issuer ratings and upgraded its outlooks to ‘positive’
The move comes as part of the kingdom’s efforts to organise Hajj effectively
The company plans to use the net proceeds from the share sale to strengthen its capital base to support future growth
Over 180,000 domestic and international attendees will attend the debut edition of Cityscape Global
The four-day event attracted 4,452 participants from 90 countries as well as 89 organisations working in the field of sustainable development
The committed resources for the fund are aimed at supporting 32 member countries of the bank to achieve 10 of the 17 Sustainable Development Goals
A Fairmont, Swissôtel and Novotel will cumulatively add over 1,000 keys to Accor’s portfolio in Saudi Arabia
The openings will cumulatively add 618 keys to its portfolio and includes four Edge by Rotana hotels as well as one Rayhaan by Rotana property