Category: Business
“Saudi Re” Appoints Ahmed Al-Jabr as New CEO
Riyadh, KSA, 1 October 2024: Saudi Reinsurance Company “Saudi Re” announced the appointment of Ahmed Al-Jabr as its new Chief Executive Officer, effective October 1st, [more…]
Lucid Group and King Abdulaziz City for Science and Technology announce partnership for the advancement of electric vehicle technology in Saudi Arabia
· Lucid Group and KACST will share expertise in scientific and technical research to develop research programs aimed at producing technical solutions that serve the transportation [more…]
DAR AL ARKAN EXTENDS COLLABORATION WITH ROSHN FOR A NEW PROJECT IN SEDRA
Riyadh, Saudi Arabia; April 16, 2024: Dar Al Arkan, a leading real estate developer in Saudi Arabia, has signed a sale and purchase agreement worth 215 [more…]
Energy Capital Group Completes Aujan Industrial Supplies & Services (AIS) Acquisition
Riyadh, Saudi Arabia; March 18, 2024: Saudi Arabia-based investment group Energy Capital Group (ECG) has announced the completion of the successful acquisition of Aujan Industrial Solutions [more…]
FIRST MILLS RECORDS SAR 220.2 MILLION NET PROFIT IN FY 2023 REFLECTING A 22.8% MARGIN DRIVEN BY STRONG GROWTH IN FLOUR SALES
Jeddah, Saudi Arabia – 11 March 2024: First Milling Company (“the Company“, or “First Mills“), a market-leading Saudi milling company, today announced its financial performance for [more…]
Saudi Arabia – Ejari’s Sharia-Compliant Rental Platform Empowers Saudi Market
Ejari has proudly announced the receipt of Sharia-compliant certification for its Rent Now, Pay Later platform in Saudi Arabia. This platform caters to the rental [more…]
GE HealthCare equips Saudi Arabia’s Dr. Sulaiman Al-Habib Medical Group with advanced digital healthcare tech solutions
Imaging, Ultrasound and Patient Care Solutions to optimize patient care at thirteen hospitals and eight medical centers under the Dr. Sulaiman Al-Habib Medical Services Group Riyadh, Saudi [more…]
Saudi Tadawul Group acquires a strategic stake in Dubai Mercantile Exchange creating Gulf Mercantile Exchange
Riyadh, KSA and Dubai, UAE, 18 January 2024: Saudi Tadawul Group Holding Company (STG), a leading diversified capital markets group in the MENA region, has entered [more…]
ADDLESHAW GODDARD SECURES LICENCE TO OPERATE IN SAUDI ARABIA
· Addleshaw Goddard has been granted a Foreign Law Firm Licence by the Saudi Ministry of Justice after announcing its intention in 2023, to launch an [more…]
HIMA inaugurates first facility in Saudi Arabia, demonstrating strong commitment to localized safety automation solutions
Dammam, Saudi Arabia, 9 January 2024HIMA Group, global independent provider of safety-related automation solutions for the process and rail industries, has solidified its presence in [more…]
