Thursday 30 June 2016
 
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Saudi Arabia

Saudi Arabia launches $1.2bn residential project

Saudi Arabian government has embarked on a major plan to build 7,000 new villas at an investment of SR4.48 billion ($1.19 billion) on a 6.5 million sq m area in the eastern part of Riyadh, said a report. The project, called "

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Investcorp eyeing opportunities presented by Saudi reform plan

Investcorp is seeking more opportunities in Saudi Arabia, aiming to capitalise on the kingdom's plans for a significant reform of its economy, the co-chief executive of the alternative investment specialist said on Wednesday.

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Saudi, UAE import $3m pharma products from Brazil

Saudi Arabia and the UAE had imported a combined total of $3 million worth of pharmaceutical products from Brazil in 2015, said a top official of the Arab-Brazilian Chamber of Commerce (ABCC). The major importers of pharmaceutical

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WSS Saudi team backs World Food Programme

Wilhelmsen Ships Service (WSS) said it has provided essential maritime logistics support to the World Food Programme by handling 4000 metric tonnes of date shipments from its base in Dammam, Saudi Arabia. The WFP is the food assis

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Cayan Group inks Saudi home finance deal

Cayan Group, a leading property developer in the Middle East, has signed an agreement with Saudi-based Bidaya Home Finance to provide financing solutions to its clients. Bidaya Home Finance is a national real estate finance compan

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Saudi Arabia boosts real estate transparency ratings

Saudi Arabia has moved up the rankings to finish in the ‘Semi-Transparent’ category for the first time in the JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (Greti). The index

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SCFHS accredits solution for medical education

The Saudi Commission for Health Specialties (SCFHS) has accredited an evidence-based clinical decision support resource of US-based healthcare solutions provider Wolters Kluwer as a continuing medical education resource. Healthcar

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Six Flags in talks to build theme parks in Saudi Arabia

Saudi Arabia has begun talks with Six Flags Entertainment Corp to build theme parks, the company said on Tuesday, as part of the kingdom's efforts to expand its tourism sector and diversify the economy. Developing the leisure

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Six Flags in talks to build theme parks in Saudi Arabia

Saudi Arabia has begun talks with Six Flags Entertainment Corp to build theme parks, the company said on Tuesday, as part of the kingdom's efforts to expand its tourism sector and diversify the economy. Developing the leisure

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Saudi Arabia unveils $1.3bn development projects

The Saudi government has announced development projects worth SR5.1 billion ($1.3 billion) in the Madinah region including the setting up of new power plants as well as implementation of a sanitary drainage network, said a report.

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