The offering marks EFG Hermes’ fifth IPO this year and is the latest in a series of transactions the investment bank has advised on in the GCC region
The masterplan is designed to offer unparalleled living experience while safeguarding the region’s ecological and cultural treasures
The logistics firm set the price range at SAR98 and SAR106 per share, implying a market capitalisation on listing of as much as SAR8.5bn
It will include Saudi Arabia’s first W Hotel and a JW Marriott property too
The influx of new hospitality and tourism-related projects in the region is fostering new trends that add value and efficiency
According to the IMF, the Saudi economy was the fastest growing among the Group of Twenty (G20) member states in 2022
Saudi National Day, celebrated annually on September 23, marks the unification of the kingdom
The video released by his football club features Cristiano Ronaldo and his teammates taking part in the national celebrations
Saudi National Day is celebrated to mark the unification of Hejaz and Najd into one unified kingdom
The summit was convened by the UN secretary-general Antonio Guterres, and was attended by world leaders, the private sector and civil society
The airport, assigned the code RSI, witnessed the arrival of its first flight by Saudia Airlines.
The interview conducted by TV host Bret Baier touched upon a range of international issues
ADES set the final offer price for the offering at SAR13.50 per share, implying a market capitalisation of SAR15.2bn at listing
The 186-seat A320 neo aircraft is offered in a 3-3 all-economy class configuration
These indices will serve as reference points for various investment products, aiding institutional investors in monitoring the performance of market segments
The group’s head of programme and project management tells Gulf Business that MARAFY is an example of the company’s approach to integrated community development
YaSchools started as a directory that hosted information of about schools but has evolved into a multi-service platform
The transaction will give Aramco access to retail fuel stations, airport operations, fuel distribution terminals and a lubricant blending plant
It will be a mixed-use building featuring a luxury hotel, office space, serviced apartments, luxury condominiums and the world’s highest observatory
From next month, the carrier will operate services thrice a week from both Saudi cities to the Ethiopian capital
Channels is a one-way broadcast feature that allows admins to send text, photos, videos, stickers, and polls to their followers
VFS Global will conduct consular camps that offer passport renewal and document attestation services for Indian citizens in the kingdom
In the past, the energy company has partnered successfully with Chinese companies in installing the largest wind turbine in Central Asia among other projects
The partnership is expected to significantly boost food security and self-sufficiency in poultry products in Saudi Arabia
The new hotel is set to open in 2025 and will be located in downtown AlUla
The shareholders are offering 24 million shares in the cargo firm, equivalent to 30 per cent of the paid-up capital post-listing
Saudi minister said the government will send a delegation to India to look into the feasibility of opening such an office
The kingdom continues to be under-represented in the portfolios of emerging markets investors despite being the sixth index in the MSCI EM Index
Leaders from the G20 economies found common ground in spite of different stances on various issues
Saudi Arabia and India have signed a bilateral agreement to bolster the investment climate in both countries