Business KSA Edition

Sempra LNG and Saudi Aramco sign LNG deal-statement

oil and gas Sempra LNG and Saudi Aramco sign LNG deal-statement

Marubeni consortium starts work on Saudi water project

utilities Marubeni consortium starts work on Saudi water project

UAE’s Cambridge Medical Centre opens its first facility in Saudi Arabia

healthcare UAE’s Cambridge Medical Centre opens its first facility in Saudi Arabia

Latest News

Expedia continues ‘big push’ into the Middle East

Apart from the UAE, one other GCC country that holds immense potential in the online travel market space is Saudi Arabia

Saudi Arabia starts work on new Makkah museum

The museum is expected to be built within the next 12 months

Saudi ministry of Haj and Umrah launches first phase of electronic track for local pilgrims

This phase is designated to explain the services and programs of the companies including charges

Al Salem Johnson Controls shifts factory to Saudi KAEC

To develop the company's business in the region's markets

travel and tourism

Saudi-based Qiddiya names new chief development officer

Qiddiya is an integrated destination for entertainment, sports and the arts which is due to open by the end of 2022

Dubai-based Majid Al Futtaim plans $4bln worth of shopping centres in Saudi - CEO

The company is opening a new cinema almost every month in Saudi, Alain Bejjani told Zawya

Real Estate

Saudi Arabia starts work on new Makkah museum

culture Saudi Arabia starts work on new Makkah museum

Over 25,000 Saudis find jobs in contracting sector

jobs Over 25,000 Saudis find jobs in contracting sector

Saudi Arabia’s cement prices to stay firm, demand to drop significantly

14,728 families in Saudi benefit from Sakani program in April

GCC real estate slump continues, but there is light at end of the tunnel, says IIF

Construction

Saudi Arabia’s cement prices to stay firm, demand to drop significantly

construction Saudi Arabia’s cement prices to stay firm, demand to drop significantly

Marubeni consortium starts work on Saudi water project

utilities Marubeni consortium starts work on Saudi water project

Saudi Arabia starts work on new Makkah museum

Al Salem Johnson Controls shifts factory to Saudi KAEC

Al Rajhi Capital sets target prices of six Saudi cement producers

Energy

Sempra LNG and Saudi Aramco sign LNG deal-statement

oil and gas Sempra LNG and Saudi Aramco sign LNG deal-statement

Marubeni consortium starts work on Saudi water project

utilities Marubeni consortium starts work on Saudi water project

Saudi energy minister says he recommends driving oil inventories down

Saudi Arabia to boost India crude shipment amid Iran crisis

Saudi Aramco resumes oil pumping via pipeline after drone attack - source

Financial Services

Nearly $1trln GCC bank mergers under way

acquisition Nearly $1trln GCC bank mergers under way

Saudi Arabia says deposits $250mln into Sudan's central bank -statement

financial services Saudi Arabia says deposits $250mln into Sudan's central bank -statement

financial services

Saudi central bank fines 16 financial institutions for violations of responsible finance

financial services

Improving net interest margins, key positives for Saudi banks in first quarter

IMF commends advancement in Saudi Arabia’s financial market reforms

Islamic Finance

Apicorp inks $75mln Murabaha financing with Al Fanar

islamic finance Apicorp inks $75mln Murabaha financing with Al Fanar

Saudi MEPCO secures $45mln loan from NCB

islamic finance Saudi MEPCO secures $45mln loan from NCB

islamic finance

Saudi Arabia to issue $3bln-$5bln in international sukuk by Q3 -DMO chief

islamic finance

Saudi Telecom starts marketing debut 10-year dollar sukuk

Nasdaq Dubai welcomes listing of $1.5bln sukuk by IDB

Technology

Saudi ministry of Haj and Umrah launches first phase of electronic track for local pilgrims

technology Saudi ministry of Haj and Umrah launches first phase of electronic track for local pilgrims

Zara launches online sales in Saudi Arabia

ecommerce Zara launches online sales in Saudi Arabia

Record level of vulnerabilities sparks cybersecurity innovation

Smart bracelets for Umrah pilgrims with GPS technology

Egypt’s Odiggo closes $180,000 investment from Saudi Arabia

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