Tag: Saudi Arabia Business News
NCB, Samba clear shareholders’ approval; Saudi National Bank to go live...
Saudi Arabia's National Commercial Bank (NCB) and Samba Financial Group (Samba) have received the approval of its shareholders for the merger and to become...
Saudi’s Amaala inks deal with government entity to attain technology goals
The luxury tourism project along the Red Sea in Saudi Arabia, Amaala has joined forces with the Saudi Federation for Cyber Security, Programming and...
Global semiconductor shortage to stimulate Saudi’s local production
The global shortage of semiconductor chips due to the COVID-19 pandemic has spurred the need for Saudi Arabia to increase its local production so...
Aramco looks to extend $10bn loan by a year: Sources
The Saudi Arabian public petroleum and natural gas company, Aramco, has asked banks to extend a $10 billion loan it raised in May 2020...
Saudi firms secure major defense deals at IDEX 2021
Saudi Arabian Military Industries (SAMI) has signed several cooperation agreements with international companies and government authorities during the International Defense Exhibition and Conference (IDEX).
As...
Saudi MoC’s new virtual bootcamp begins tomorrow
Saudi Arabia's Ministry of Culture is all set to launch the second phase of its Fashion Incubation program to promote the fashion sector and...
Saudi Arabia raises $1.8bn via bond sale
The Kingdom of Saudi Arabia has raised $1.8 billion through the sale of euro-denominated bonds, its second deal in two months as the country...
Saudi’s PIF launches Soudah Development Company; $3bn tourism projects in pipeline
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Public Investment Fund (PIF)...
