Tag: Saudi Arabia
Renowned Saudi billionaire Saleh Abdullah Kamel passes away at 79
Renowned Saudi billionaire businessman Saleh Abdullah Kamel died in Dr. Samir Abbas Hospital in Jeddah today.
Kamel, who was 79, had a net worth estimated...
Saudi PIF seeking Elm Public Offer
Saudi Arabia’s sovereign wealth fund is contemplating an initial public offering of its information security company Elm. The $300 billion Public Investment Fund has...
NCB and Samba Financial Group report increase in profits
Saudi Arabia's biggest lender National Commercial Bank reported a 2.1 percent growth in quarterly profit despite higher allocations while Samba Financial Group stunned with...
FTA working group formed to assess the impact of hiked VAT...
According to Minister of Industry and Mineral Resources Badr Al-Khorayef, A working group with the Foreign Trade Authority (FTA) has been developed to deal...
Saudi Arabian Public Investment Fund purchases stakes in Citi, Disney and...
Saudi Arabia’s sovereign-wealth fund acquired stocks in corporations including BP Plc, Boeing Co., Citigroup Inc., Walt Disney Co. and Facebook Inc.
The Public Investment Fund...
Saudi Arabian experts produce coronavirus diagnostic test
Saudi Arabian experts at the King Faisal Specialist Hospital (KFSH) Research Center in Riyadh have successfully developed a diagnostic test to detect coronavirus infection.
The...
Saudi Arabia commences a new shipping line to East Asia
Saudi Arabia’s Ports Authority (MAWANI) has started running its new freighting line at the Jubail Commercial Port for container transportation between the Kingdom and...
Prominent NDT service provider, Ares Marine is now ARAMCO approved
UAE-based Aries Marine Services Est becomes one o the very few listed NDT Organisations in Saudi Arabia that have earned the approval of Saudi...
