Business & Money | Monday 1 January, 2024 4:38 pm

PIF top sovereign investor in 2023: SWFI

The Public Investment Fund (PIF) is the world’s most active sovereign wealth fund in terms of investments in 2023. The fund invested $31.6 billion last year, a rise of 33%, compared to $20.7 billion in 2022, according to the Sovereign Wealth Fund Institute (SWFI). PIF invested ...

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Tourism & Hospitality | Monday 1 January, 2024 11:12 am

RADISSON HOTEL RIYADH AIRPORT LAUNCHES ITS SECOND RESTAURANT: THE LOUNGE

Following the successful launch of its Lune restaurant, Radisson Hotel Riyadh Airport is delighted to announce the opening of a new dining venue: The Lounge. The positive feedback garnered since the opening of Lune has not only established the hotel as a sought-after destination but has also driven ...

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Government | Monday 1 January, 2024 10:56 am

Enhancing Ties: Dubai Customs and Qatari Consulate Collaborate for Trade and Innovation

H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs and CEO of Ports, Customs, and Free Zone Corporation, warmly received the newly appointed Consul General of the State of Qatar in Dubai, H.E. Sa’eed bin Ali Al-Hajri, in his office.   During the meeting, Musabah...

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Business & Money | Monday 1 January, 2024 9:57 am

Lieutenant General Dr. Sheikh Mohamed Bin Abdullah chairs BRCS Board Meeting

His Excellency Lieutenant General Doctor Sheikh Mohamed Bin Abdullah Al Khalifa, Chairman of the Board of Directors of the Bahrain Red Crescent Society (BRCS), chaired the work of the regular meeting of the Board of Directors of the Society, in the presence of Mr. Ali bin Mohammed Murad, First Vice ...

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Environment & Energy | Monday 1 January, 2024 9:34 am

NWC announces the completion of the water network project in Al-Muzailif

The National Water Company (NWC) has announced the completion of the water network project in Al-Muzailif Governorate in the Makkah Region. This is part of the company’s strategic plans to implement development projects for water and environmental services in the region at a cost of approximately ...

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Business & Money | Monday 1 January, 2024 9:30 am

1 Billion Followers Summit to gather over 100 Industry giants and top CEOs

The 1 Billion Followers Summit, organised by New Media Academy, has revealed an elite roster of CEOs and trailblazers in creative industries, digital media, investment, finance, business, and entrepreneurship, leading a series of illuminating sessions, workshops, talks and keynotes during the...

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Business & Money | Monday 1 January, 2024 9:15 am

BIM VENTURES launches SKYNA Private aviation platform

BIM Ventures, the Saudi Venture Studio announced the inauguration of SKYNA the Saudi Private Aviation Platform.   The SKYNA platform offers its clients a wide range of premium private aircraft options. The platform ensures a secure, reliable, and user-friendly chartering process to...

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Government | Monday 1 January, 2024 9:11 am

Industry ministry to soon announce HR development strategy: Official

Ministry of Industry and Mineral Resources succeeded in forging a human capital development strategy for the Saudi industry and mining sector, which will be announced soon, said Faris Alsaqabi, the ministry’s Deputy Minister for Human Capacity Development.   According to the Saudi...

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Business & Money | Monday 1 January, 2024 9:07 am

National Building sets up Arab Steel Company

National Building and Marketing Co. announced today, Dec. 31, establishing Arab Steel Trade Co. for Scrap Recycling, a closed joint stock sole-proprietorship company, after obtaining the necessary approvals and licenses from the relevant authorities. Headquartered in Riyadh, National...

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Business & Money | Monday 1 January, 2024 8:59 am

Saudi, UAE, Egypt, Iran, Ethiopia to join BRICS as of Jan. 1: Report

Saudi Arabia, the UAE, Egypt, Iran, and Ethiopia will join BRICS as of Jan. 1, Bloomberg reported, citing South Africa’s envoy to the bloc.   The new members will send officials to a sherpa meeting in Moscow on Jan. 30, which clearly indicates that the new members were accepted to...

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