Business & Money | Thursday 12 December, 2024 11:44 am

Saudi Arabia to host 2034 World Cup

FIFA officially announced today, Dec. 11, that Saudi Arabia was chosen to host the 2034 World Cup. Saudi Arabia submitted its bid to host the 2034 FIFA World Cup and was the sole contender for hosting the tournament. In November, the Saudi bid received an evaluation score of 419.8 out of 500,...

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Business & Money | Thursday 12 December, 2024 11:38 am

Soudah Development Receives Three ISO Certifications

 Soudah Development, a Public Investment Fund Company, has been awarded three certifications from the International Organization for Standardization (ISO), demonstrating the company’s commitment to operational excellence and sustainability. The three ISO certifications are (ISO 41001:2018)...

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Business & Money | Thursday 12 December, 2024 11:31 am

New Murabba Shines as Platinum Partner at MIPIM Asia Summit 2024

New Murabba, a PIF company, concluded its participation as the Platinum Partner at the MIPIM Asia Summit held in Hong Kong on December 3-4, 2024.  This prestigious event convened key industry leaders and stakeholders to discuss the future of urban development. This year’s MIPIM Asia...

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Business & Money | Thursday 12 December, 2024 10:52 am

Canon Middle East and AlNahda Fuel Vision 2030 by Empowering Saudi Women in Creative Sectors

Canon Middle East, a global leader in imaging solutions, has launched its "Women Who Empower" initiative in Saudi Arabia in collaboration with AlNahda, a pioneering non-profit organization dedicated to women's empowerment since 1963. The program will provide specialized training for up to 15 Saudi...

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Sports | Wednesday 11 December, 2024 1:06 pm

FIFA to announce Saudi Arabia as host of World Cup 2034 today

FIFA is set to announce today, Dec. 11, the host countries for World Cup in 2030 and 2034. Saudi Arabia was the sole bidder for the 2034 World Cup. In November, Saudi Arabia received an evaluation score of 419.8 out of 500—the highest for a host application file in the history of the...

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Business & Money | Wednesday 11 December, 2024 12:27 pm

Diriyah Company and Apple Explore New Landmark Retail Expansion in Diriyah

 Diriyah Company is collaborating with Apple on the planning of a future iconic store in Diriyah, The City of Earth, marking a significant milestone in the retail and lifestyle offering of the Diriyah project. Apple has confirmed plans to introduce several flagship retail locations across ...

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Business & Money | Tuesday 10 December, 2024 10:12 am

SAMA announces launch of Samsung Pay in Saudi Arabia

The Saudi Central Bank (SAMA) has announced the launch of mobile payment service Samsung Pay in Saudi Arabia, to be carried out through the national payment system, Mada. In a statement picked up Argaam, SAMA noted that this move aligns with Saudi Vision 2030. It is also part of its ongoing...

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Business & Money | Tuesday 10 December, 2024 9:48 am

Riyadh Development signs SAR 227M partnership deal to develop logistics complex in Riyadh

Riyadh Development Co. (ARDCO) signed today, Dec. 9, a strategic partnership agreement to develop a logistics complex project in Riyadh with Agility Logistics Parks for SAR 227 million. In a statement to Tadawul, the company said the contract entails developing the 97,904-square-meter...

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Business & Money | Tuesday 10 December, 2024 9:38 am

Riyadh Metro project costs $25B: Minister

Ibrahim Al-Sultan, Minister of State, Member of the Council of Ministers, and CEO of the Royal Commission for Riyadh City (RCRC), said the total cost of the Riyadh Metro project amounted to $25 billion, Rotana Khalejia reported. He added that the cost per kilometer of the project reached $166...

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Business & Money | Monday 9 December, 2024 11:30 am

SAPTCO wins SAR 114M shuttle service contract in Madinah

Saudi Public Transport Co. (SAPTCO) received today, Dec. 8, a notice of award from the Madinah Region Development Authority (MRDA) for a shuttle transport project serving pilgrims in Madinah. In a statement to Tadawul, SAPTCO said the project is valued at SAR 113.85 million, inclusive of...

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