Thursday 26 April 2018
 
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Saudi Arabia

Doosan Portable Power secures Saudi compressor order

Doosan Portable Power (DPP) has won an order worth €2 million ($2.43 million) for portable compressors in Saudi Arabia. The deal was finalised at the Intermat 2018 Exhibition which was held in Paris, France. Th

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J&P sells Jordan airport stake to pay Saudi company staff

J&P Overseas, a subsidiary of Cyprus’ construction industry flagship Joannou & Paraskevaides Group, has sold its stake in Jordan's Queen Alia International Airport to pay the employees of its embattled subsidiary in Saudi Arabi

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Saudi Arabia launches privatization programme

Saudi Arabia’s Council of Economic Development and Affairs (CEDA) announced the official launch of the nation's Privatization Programme. Led by the National Center for Privatization & PPP (NCP), the initiative aims t

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ENBD Saudi Equity Fund returns top 18pc YTD

Emirates NBD Asset Management reported that the Emirates NBD Saudi Arabia Equity Fund has returned more than 18 per cent year to date (YTD) and grown to a size of over $30 million since launching in December 2017.  The sub-fu

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REITs 'driving market growth in Saudi Arabia'

The real estate investment trusts are the hottest products in Saudi Arabia right now, said industry experts amid a boom in REITs listings on the kingdom’s stock exchange.   Since the Tadawul market was opened to REITs i

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Saudi Arabia to lay foundation to new entertainment hub

Saudi government is set to develop a new entertainment, sports and cultural destination at Al Giddiya area, some 40 km west of the capital, Riyadh, said a report. The Qiddiya Project will be inaugurated by Saudi Arabia's King

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Saudi Arabia to lay foundation to new entertainment hub

Saudi government is set to develop a new entertainment, sports and cultural destination at Al Giddiya area, some 40 km west of the capital, Riyadh, said a report. The Qiddiya Project will be inaugurated by Saudi Arabia's King

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Saudi Arabia flight bookings up 14pc in 2017

Flight bookings in Saudi Arabia grew 14 per cent in 2017, reveals Cleartrip, a leading mobile and online travel company in the Middle East, in its 2017 Travel Insights Report. The report, which derives insights from the company

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Saudi ministry, Huawei partner for ICT innovation

Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) and Huawei, a leading global ICT solutions provider, have signed an agreement to enable the national cadre in ICT and promote innovation in the sector.

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Vox Cinemas to open 600 new screens in Saudi Arabia

In a major boost to the Saudi entertainment industry, Majid Al Futtaim, the leading shopping mall developer, retail and leisure pioneer across the Middle East and North Africa (Mena), has announced plans to open 600 new Vox Cinema screens acro

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