Roshn Group, Saudi Arabia's leading real estate developer powered by sovereign wealth fund PIF, has signed a strategic agreement with Sateaa Altameer to develop 108,000 sq m plot of land within the Warefa community in Riyadh at a total investment of SAR548 million ($146 million).
Bahrain, Saudi Arabia and the UAE have declared that Wednesday (February 18) will be the first day of Ramadan 1447 AH.
Saudi Tourism Development Fund (TDF) has announced the opening of the kingdom's largest ultra resort - Rixos Murjana - within King Abdullah Economic City. It features 488 rooms and suites alongside 33 villas, supported by a diverse range of hospitality, leisure and wellness facilities.
ExtraHop, a US-based cybersecurity company and a leader in modern network detection and response (NDR), has announced its expansion into Saudi Arabia following significant international growth, including key expansions and customer wins across Europe, Middle East and Asia Pacific.
Euro Systems, a leading provider of innovative architectural solutions, has officially opened its first showroom in Saudi Arabia in downtown Riyadh. A key feature of the outlet is Gracili Minimal System, known for its sleek sliding doors and windows designed to enhance natural light and create uninterrupted views.
Medlog, a leading provider of logistics and supply chain solutions, has officially opened its integrated logistics park in Dammam, Saudi Arabia. Spanning over 100,000 sq m, it can handle more than 300,000 TEUs capacity and will create over 400 direct and indirect job opportunities.
Nemetschek, a leading software provider for the architecture, engineering, construction and operations (AEC/O) industry, has signed a strategic agreement with the Saudi Facility Management Association to support the advancement of the facilities management sector in the kingdom.
Saudi Authority for Industrial Cities and Technology Zones (Modon) has announced the signing of deals worth over SAR1.03 billion ($274 million) with leading players in the industrial and logistics sectors. These cover localisation of pipe manufacturing, boosting national supply chain readiness as well as downstream industries.
Mondelēz International, one of the world's largest snacks companies, has appointed Ziad Abla as its new Managing Director for Mondelez Arabia. An industry veteran, Abla has more than 25 years of experience across the Middle East, Africa, Turkey and emerging markets.
The Saudi Authority for Industrial Cities and Technology Zones (Modon) has sealed an agreement with Medlog, the logistics arm of Mediterranean Shipping Company (MSC), for the establishment of an integrated logistics zone over a 100,000 sq m area in Jeddah.
