Saudi news

Pumping 300 thousand housing units in Saudi Arabia until 2025

The CEO of the National Housing Company, Muhammad Al-Bati, said that the company has a plan that includes pumping 300,000…

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Al-Moammar Information Systems announces the award of a project worth 49.65 million riyals

Al-Moammar Information Systems Company “MIS” announced the awarding of (a project to operate and manage electronic services and computers) with…

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Memorandum of Understanding with Samsung to develop construction technologies

The Saudi Public Investment Fund signed a memorandum of understanding with Samsung C&T to explore opportunities for joint cooperation. The…

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A jump in Swiss gold exports to China, Turkey and Saudi Arabia in 2022

Swiss customs data showed today, Tuesday, that the country’s gold exports to countries including China, Turkey, Singapore, Thailand and Saudi…

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Gulf stock markets rise… and the “Tadawul” index rises 0.3%

Gulf stock markets closed higher on Tuesday, supported by expectations of an economic recovery in China, the world’s second-largest economy,…

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Saudi Arabia.. Extending the exemption of small enterprises from paying the financial fees for expatriates

The Saudi Council of Ministers agreed, in its session today, in Irqah Palace in Riyadh, headed by the Custodian of…

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Saudi Arabia closes the January offering of sukuk at 3.47 billion riyals

The National Center for Debt Management in Saudi Arabia has announced the completion of receiving investor requests for the local…

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“Wa’ed” closes an investment round of $14 million to invest in a Japanese “Drones” company

Japanese company Terra Drone, which operates in the field of unmanned aircraft services, announced the closing of a $14 million…

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The Saudi Competition Authority approves the acquisition of “Namshi” by “Noon”

The General Authority for Competition in Saudi Arabia announced its approval of the acquisition of “Namshi Holding” by “Noon” company.…

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Offering 22 investment opportunities, most notably equipping 4 regional airports

The Minister of Transport and Logistics Services in Saudi Arabia, Engineer Saleh bin Nasser Al-Jasser, revealed that there are currently…

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