RIYADH: The Kingdom will see a new logistics services company after Saudi-based Links Investment joined forces with Egytrans, an Egyptian transport provider. With the aim of establishing a joint venture in the region, the latest collaboration, structured as a limited liability business, is set to launch with a total capital of SR10 million ($2.6 million), with both … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index edged up 0.65 percent or 75.62 points on Monday to close at 11, 676.34 points. Nomu, the Kingdom’s parallel market, also rose by 199.09 points or 0.85 percent to close trading at 23, 570.30. The MSCI Tadawul Index also followed suit and rose 1.04 percent to finish at … Read more
RIYADH: Thought leaders and stakeholders of the global aviation industry are set to converge on Riyadh for the second Saudi Airport Exhibition to discuss emerging trends and pressing issues facing the sector. The event, to be held on Dec. 19-20 at the Riyadh International Convention and Exhibition Center, will host two co-located conferences, with hopes … Read more
RIYADH: Project Masam, a Saudi initiative to clear land mines in Yemen, in the second week of December dismantled 737 mines planted by the Iran-backed Houthi militia. Overseen by the Saudi aid agency KSrelief, the project’s special teams destroyed 611 unexploded ordnance, 116 anti-tank mines, eight anti-personnel mines and two explosive devices. The devices, which … Read more
I feel I have a strong purpose in being in Saudi Arabia, says Ittihad Ladies’ Ashleigh Plumptre LONDON: Most footballing destinies are shaped in grandiose settings — gleaming stadiums or opulent boardrooms. However, for Ashleigh Plumptre, the momentous discussion about her life-changing move to Saudi Arabia unfolded in far more ordinary surroundings: A car journey … Read more
LONDON: Most footballing destinies are shaped in grandiose settings — gleaming stadiums or opulent boardrooms. However, for Ashleigh Plumptre, the momentous discussion about her life-changing move to Saudi Arabia unfolded in far more ordinary surroundings: A car journey to collect an Indian takeaway for her father’s birthday after Plumptre’s relaxing holiday in Los Angeles. June … Read more
Diriyah Co. unveils culture, hospitality assets at Bashayer event RIYADH: Diriyah Company showcased the second phase of its ‘masterplan’ at its two-day Bashayer event this week. Group CEO Jerry Inzerillo said: “The Bashayer event is the focal point of Diriyah’s annual calendar. Showcasing our progress and outlining our future, this event is a crucial moment … Read more
RIYADH: Arab and Islamic officials on Friday held talks with Norway’s Prime Minister Jonas Gahr Store and foreign ministers of Nordic and Benelux countries in Oslo, the Saudi foreign ministry said. The members of the Ministerial Committee assigned by the Joint Arab-Islamic Extraordinary Summit under the chairmanship of Saudi Foreign Minister Prince Faisal bin Farhan … Read more
Al-Ittihad’s FIFA Club World Cup campaign ended on Friday with a 3-1 defeat at the hands of Al-Ahly in their second-round clash in Jeddah. Thousands of the Egyptian side’s supporters were on their feet for much of the 90 minutes at the King Abdullah Sports City stadium, as their team ultimately proved to be too … Read more
RIYADH: Investments in the aquaculture sector between Saudi Arabia and China are poised for growth, with discussions taking place at the Global Investment Promotion Conference in Shenzhen, China. Representatives from Saudi Arabia’s Ministry of Environment, Water, and Agriculture engaged with over 60 specialized Chinese firms to explore and expand opportunities, the Saudi Press Agency reported. … Read more