The hospital group is offering 49.8 million shares, equivalent to 21.47 per cent of the company’s total issued share capital
Vale and Manara Minerals is a joint venture between Saudi Arabian Mining Company, Ma’aden, and Saudi Arabia’s Public Investment Fund
The statistics authority estimated that oil activities plunged by 10.6 per cent in the first quarter compared to the same period a year ago
Recent survey results show a direct link between English language skills and higher salaries in the kingdom
Saudi Arabia’s General Directorate of Civil Defence said that most parts of the kingdom will experience moderate-to-torrential thundershowers this week
The investment platform seeks to accelerate the growth of capital markets in Saudi Arabia
John Pagano tells Gulf Business how “nature and the environment”, the most valuable assets on the company’s balance sheet, differentiate RSG from other destinations
flynas disclosed its financial performance this month, boasting a 32 per cent revenue surge to SAR6.3bn ($1.68bn), in 2023
Blinken is expected to meet with senior Saudi leaders and hold a wider meeting with counterparts from five Arab states – Qatar, Egypt, Saudi Arabia, the UAE and Jordan
The facility will support NEOM’s short-term financing requirements as it advances the development of major projects such as THE LINE
Saudi Arabia is accelerating efforts to diversify its economy away from oil under a plan known as Vision 2030
The increase was more pronounced in midscale, upscale and economy hotels in the Middle East, Africa and Asia-Pacific regions
The tensions in the region have led to a sharp drop in commercial vessel voyages through the Red Sea and Gulf of Aden
Meituan is hiring under KeeTa, the brand name it uses for food delivery operations in Hong Kong
The four-year deal will see Aramco become a worldwide partner of FIFA, including in major tournaments such as the World Cup 2026
Under the new arrangement, nationals of Saudi Arabia, Oman, and Bahrain will be eligible for five-year multiple-entry Schengen visas
Ritz-Carlton Reserve has only six properties in destinations including Thailand, Indonesia, Puerto Rico, and Mexico
A development cost of $37.8bn is expected by 2030 toward infrastructure, tourism transformation and real estate, according to industry data released ahead of the Future Hospitality Summit Saudi Arabia
This initiative, announced at Investcorp’s China-GCC Investment and Business Cooperation Summit, aims to attract institutional and private investors from the GCC, along with CIC
The healthcare group plans to offer 30 million new shares and 19.8 million existing shares to investors – equivalent to 21.47 per cent of the company’s paid-up capital
Miahona was established as one of the first proponents of the public-private partnership (PPP) model in the kingdom
Aldanah will feature more than 2,500 homes, spread across 1.7 million square metres, catering to nearly 10,000 residents
Payment of fines can be made either in one lump sum or separately for each violation.
The potential deal aligns with the energy firm’s strategy to expand its downstream presence in key high-value markets
The deal is subject to regulatory approvals and it is expected to be closed in the second half of 2024
The treaty is meant to address plastics through their entire lifecycle – from when they are produced, to how they are used and then disposed of
The weakening signs in physical markets have been driven by peak refinery maintenance, extra supply from the US, and a recovery from outages at some producers
The geopolitical risk premium in oil prices had been unwinding this week on the perception that the US could ensure tensions were managed
The new routes reinforce Saudi Arabia’s commitment to boost the growth of the travel and aviation sectors
Several parts of Saudi Arabia witnessed heavy rains and hail showers this week, prompting warnings from meteorology and civil defense authorities