Tag: Saudi Arabia Business News
ACWA Power, EXIM Bank ink MoU to build capabilities in project...
ACWA Power, Saudi Arabia-based power plant developer, has signed a Memorandum of Understanding (MoU) with the Kingdom’s leading financial agency, Saudi Export-Import Bank (EXIM...
Saudi agritech firm Red Sea Farms expands into water-scarce US states
Red Sea Farms, Saudi Arabia-based agriculture technology company, has revealed its plans to expand into the US, with the University of Arizona the first...
Arabian Centres’ FAS Labs gets SAMA nod to set up microfinance...
Saudi Arabia's leading owner and operator of shopping malls, Arabian Centres Company’s (ACC) subsidiary, FAS Labs, has secured preliminary approval from the Saudi Central...
SABIC’s unit Ibn Sina bags certification for circular methanol production
The National Methanol Company (Ibn Sina), a manufacturing affiliate of the Saudi Basic Industries Corporation (SABIC), has become the first company in the Middle...
DGA to level up Kingdom’s digital transformation with ‘Digital Saudi’ event
The Saudi Digital Government Authority (DGA) launches "Digital Saudi", as part of the LEAP Conference, a global technical event that will be held in...
Saudi PIF-owned digital security firm Elm to raise $818mn in IPO
Elm, a digital security firm owned by Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), is all set to raise $818 million from...
Saudi secures 2nd position in Bloomberg’s COVID Resilience Ranking
Saudi Arabia has been placed in the second position in Bloomberg's COVID Resilience Ranking for January 2022 in recognition of the Kingdom's effective steps...
American fast-food major Arby’s to serve Saudi market by late 2022
Arby's, the American fast-food restaurant chain, has entered into an exclusive development agreement with Saudi Arabia-based Shahia Foods Limited Company for significant expansion across...
