Business & Money | Wednesday 19 August, 2020 1:32 am

SAMA Releases First Quarterly Report of Insurance Sector Performance for 2020

The Saudi Arabian Monetary Authority (SAMA) is pleased to release its first quarterly report of the insurance sector for the year 2020. SAMA intends to release the aforementioned report annually. Simultaneously, SAMA shall continue publishing the key performance indicators of the sector at a...

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Cars & Autos | Wednesday 19 August, 2020 12:13 am

SAMACO Automotive launches a free check-up initiative for Lamborghini cars Premium Lamborghini services in Jeddah

SAMACO Automotive, the exclusive importer of Lamborghini cars in Saudi Arabia, announced its support for Lamborghini owners in recognition of their loyalty and confidence, by launching a "Free check-up" initiative through offering free and distinctive services to Lamborghini cars in Jeddah...

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Business & Money | Tuesday 18 August, 2020 4:28 pm

ARCAPITA EXITS HEALTHCARE INVESTMENT

Arcapita and Mumtalakat consortium exits stake in NAS Neuron Health Services The successful investment has exceeded target returns over a three-year holding period Arcapita Group Holdings (“Arcapita”), the global alternative investments firm, and Bahrain Mumtalakat Holding Company...

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Business & Money | Tuesday 18 August, 2020 4:17 pm

Ras Al Khaimah Chamber of Commerce and Industry and Stevie Middle East Announce the Virtual Award Ceremony on the 25th of August

Ras Al Khaimah Chamber of Commerce and Industry, Sponsor for Middle East Stevie Awards and organizers of Stevie Awards 2020, announced that the virtual award ceremony shall be held on Tuesday, 25th of August, 2020, at 2:00pm (UAE time), as 153 award innovators and winners shall be honored. The...

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Environment & Energy | Tuesday 18 August, 2020 3:05 pm

ENOC Group partners with Dynamic Fuels to distribute marine lubricants in Spain

ENOC Group announced a partnership with Dynamic Fuels to become the official distributor of ENOC’s marine lubricants in Spain. The agreement comes as part of the Group’s plans to bolster its international presence to cater to the needs of its international customers. Under the agreement,...

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Business & Money | Tuesday 18 August, 2020 2:11 pm

GVG Real Estate Development introduces innovative real estate solutions for real estate buyers of off-plan projects

GVG Real Estate Development introduces innovative real estate solutions for real estate buyers of delayed or canceled off-plan projects inside or outside the UAE, who are experiencing delays in their projects due to the recent current crisis, which is expected to have long-term...

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Business & Money | Tuesday 18 August, 2020 11:04 am

Rania Nashar Wins the Distinguished Arab Woman Award in the Field of Economics and Banking for the Year 2020

The Arab Women Authority announced its choice of Ms. Rania Nashar for the Distinguished Arab Woman Award in the field of economics and banking for the year 2020, culminating her successful career and distinguished achievements in the Arab banking and economic activity, and in recognition...

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Tourism & Hospitality | Tuesday 18 August, 2020 9:57 am

Saudia Cargo expands scheduled flights, adds Shanghai to network

Saudia Cargo has expanded its robust cargo network with the addition of Shanghai station to its flight schedules which commenced last Saturday, August 15. Saudia Cargo now operates two flights a week, Saturdays and Tuesdays, originating from Riyadh’s King Khalid International Airport and...

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Sports | Tuesday 18 August, 2020 9:25 am

Saudi Sports for All Federation pens agreement with MoMRA to bring ongoing community sports to the Kingdom’s public parks

The Saudi Sports for All Federation (SFA) will empower people across Saudi to get fit outdoors and in the community by launching a series of activations in public parks across three cities after penning an agreement with the Ministry of Municipal and Rural Affairs (MoMRA). Under the...

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Business & Money | Tuesday 18 August, 2020 5:18 am

Majid Al Futtaim expands its fashion offering with new Abercrombie & Fitch and Hollister stores for Riyadh

Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, has expanded its fashion retail business in Saudi Arabia with the opening of two new stores from global specialty retailer Abercrombie & Fitch Co. The openings bring...

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