The “Saudi-Egyptian Real Estate Investment” conference launched in Riyadh, under the theme “Integration, not Competition.” The sessions and rich discussions resulted in comprehensive action plans to enhance cooperation between Egyptian and Saudi real estate developers. Developers explored various concepts aiming to achieve integration and mutual benefit between the Egyptian and Saudi markets. They reviewed successful […]
RIYADH: Entrepreneurs exploring investments in the coffee and chocolate industry can seize opportunities at an upcoming exhibition in Riyadh. The 9th International Coffee and Chocolate Exhibition, scheduled from Dec. 5-9, aims to serve as a platform for engagement, offering an opportunity for dialogue with industry players and enthusiasts interested in exploring the sector’s prospects. Encouraging […]
RIYADH: Economic and trade partnerships between Cairo and Riyadh are on track to strengthen amid the Saudi commerce minister’s visit to Egypt on Nov.19. Egyptian Prime Minister Mostafa Madbouly received Saudi Commerce Minister Majid bin Abdullah Al-Qasabi and the delegation, which included 90 senior businessmen and leaders of prominent national firms. The objective of the […]
RIYADH: Saudi Arabia’s nascent flag carrier, Riyadh Air, is seeking cutting-edge operational systems to enhance fuel efficiency and reduce carbon emissions. The airline recently signed an agreement with Lufthansa Systems to integrate a comprehensive operational suite from the German company, comprising Lido Flight 4D, NetLine/Ops ++, NetLine/Crew, and NetLine/HubControl solutions. In a statement by Lufthansa Systems, the […]
Aldenham Education Group will build a new K-12 school campus in King Abdullah Financial District for children aged 3-18 years old. The announcement follows extensive discussions and due diligence between AEG and King Abdullah Financial District Development and Management Company, resulting in the signing of a letter of intent between the two companies expressing their […]
Retail Leaders Circle, the Middle East and North Africa’s preeminent annual strategic forum for the retail, real estate, tourism and related sectors, has announced the theme of its 10th edition: “Fearless Innovation: Charting the Next Frontiers.” The flagship event will convene notable global and regional industry leaders on Feb. 19-20, 2024 at The Ritz-Carlton, Riyadh […]
RIYADH: Passengers using Saudia and Riyadh Air will benefit from shared loyalty points and synced-up booking arrangements thanks to a new agreement by the Kingdom’s airlines. A Memorandum of Understanding reached by the firms includes the provision to sell seats on each others flights as part of a new deal to unify their efforts to boost the aviation sector. The MoU, the first […]
DUBAI: Saudi Arabia’s new airline, Riyadh Air, is aiming to reintroduce some “romance” into traveling, according to its chief commercial officer. In an interview with Arab News at Dubai Airshow 2023, Peter Bellew talked up the digital-first focus of the carrier, which will see passengers’ faces serving as their boarding passes. His comments came after the […]
RIYADH: Saudi Arabia’s King Khalid International Airport is poised to witness improved efficiency thanks to its partnership with ADB Safegate, a Belgium-based aviation service provider. Riyadh Airports Co., the entity overseeing the airbase’s operations, has recently signed a memorandum of understanding with the global aviation solution provider to foster cooperation. The collaboration aims to develop […]
RIYADH: Cybersecurity leaders from around the globe are set to converge in Riyadh for the second edition of Black Hat Middle East and Africa, a rapidly expanding conference in the online industry. The event, scheduled for Nov. 14 to 16 at the Riyadh Exhibition and Convention Centre, is poised to be a cornerstone for industry growth, […]
Simaat, the largest real estate platform for property management solutions in the Middle East, participated in the first edition of the Saudi PropTech Summit, held at the Kingdom Ballroom of the Four Seasons Hotel Riyadh on Nov. 6-7. Organized by the General Authority for Real Estate, the two-day global summit brought together stakeholders and decision-makers […]
Sam Jamsheedi and Faisal Bouzo: The driving forces behind Saudi-Australian trade relations In the evolving landscape of Saudi-Australian trade relations, Sam Jamsheedi has emerged as a pivotal figure in fostering stronger economic ties between the two nations. Jamsheedi, Founder of Trademark Group — a community of businesses sharing investment opportunities, ideas, and relationships for those […]
Saudi Arabia’s two major cities, Riyadh and Jeddah, will see the addition of 14,000 new residential units in the last quarter of 2023, JLL said in its Q3 2023 real estate market overview. The capital is expected to see 8,000 new dwellings entering the market, while 6,000 units will be added in Jeddah from October to […]
NASHVILLE, Tenn., November 09, 2023–(BUSINESS WIRE)–INGENIOUS.BUILD, a leading company focused on innovation and technology, is thrilled to announce its strategic move to expand internationally to meet the rising demand for Development and Construction projects in Saudi Arabia. The expansion will enable the company to serve its existing clients better while reaching new markets and clients. […]
Tunisia has been facing significant economic challenges for years, exacerbated by the COVID-19 pandemic and the war in Ukraine, leading to slower economic growth, higher unemployment and inflation rates, and increased public debt. To overcome these challenges, Tunisia began negotiations with the International Monetary Fund (IMF) to obtain a financial loan on the condition that […]
RIYADH: Passengers flying with Riyadh Air can anticipate an enhanced travel experience thanks to a new technological partnership with US firm IBM. Expected to commence operations in early 2025, the Public Investment Fund-owned airline has entered into a strategic collaboration with the company, with the primary objective being to propel Riyadh Air’s technology foundation […]
Israel’s war in the Gaza Strip will cost as much as 200 billion shekels ($51 billion), the Calcalist financial newspaper reported on Sunday, citing preliminary Finance Ministry figures. The daily said the estimate, equal to 10% of gross domestic product, was premised on the war lasting between eight to 12 months; on it being limited […]
Israel’s war in the Gaza Strip will cost as much as 200 billion shekels ($51 billion), the Calcalist financial newspaper reported on Sunday, citing preliminary Finance Ministry figures. The daily said the estimate, equal to 10% of gross domestic product, was premised on the war lasting between eight to 12 months; on it being limited […]