Business & Money | Tuesday 6 February, 2024 10:06 am

PIF's JCDC signs SAR 12B contracts for three major architectural landmarks

Jeddah Central Development Co. (JCDC), a wholly owned subsidiary of the Public Investment Fund (PIF), signed four contracts worth SAR 12 billion for three major architectural landmarks.   The projects include the sports stadium, opera house, oceanic basins, in addition to the...

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Business & Money | Tuesday 6 February, 2024 10:04 am

Steel Pipe signs SAR 138.6M contract with Aramco

Saudi Steel Pipe Co. (SSP) signed today, Feb. 6, a contract to supply oil and gas steel pipes to Saudi Aramco, with an estimated value of SAR 138.6 million.   The contract is valid for 12 months, the pipe manufacturer said in a statement to Tadawul, noting that there are no related...

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Business & Money | Tuesday 6 February, 2024 10:04 am

Saudi Arabia's private sector workers hit 11M in January

The number of workers in the Saudi private sector reached a record number of 11.05 million by end of January 2024, according to the National Labor Observatory.   The total number of nationals working in the private-sector entities amounted to 2.33 million by the end of January, of...

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Healthcare | Tuesday 6 February, 2024 9:59 am

Several global hospital under-construction in Saudi Arabia: Minister

A number of international-standard hospitals are under-construction in Jeddah and Riyadh, with substantial investments—either direct or through partnerships, Fahd Al-Jalajel, Minister of Health, told Al Ekhbariya TV.   Some of these hospitals will be inaugurated over the coming...

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Business & Money | Tuesday 6 February, 2024 8:59 am

PIF launches new local business opportunities at largest Private Sector Forum in Saudi Arabia

The Public Investment Fund (PIF) will hold its second PIF Private Sector Forum – the largest gathering of its kind in the country – along with its accompanying exhibition, on February 6-7, 2024, at the King Abdulaziz International Convention Center in Riyadh. This event aims to foster...

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Business & Money | Monday 5 February, 2024 2:23 pm

MENA witnesses 48 IPOs raising US$10.7 billion in 2023

According to the EY MENA IPO Eye Q4 2023 report, MENA markets saw 48 initial public offerings (IPOs) in 2023, raising US$10.7b in total. Five listings, mainly in the energy and logistics sectors, contributed 58% towards the total IPO proceeds raised.  During Q4 2023, 19 IPOs raised...

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Tourism & Hospitality | Monday 5 February, 2024 1:43 pm

FALL IN LOVE WITH THE NEW MANDARIN ORIENTAL AL FAISALIAH, RIYADH THIS VALENTINE’S DAY

The newly rebranded Mandarin Oriental Al Faisaliah, Riyadh is celebrating Valentine’s Day 2024 with a curated offering that includes an exceptional stay package, irresistible food and beverage experiences, and a rose-inspired wellness treatment. Dinner at The GlobeOne of the most unique ...

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Healthcare | Monday 5 February, 2024 12:15 pm

6 Things to Know About Fitness Culture and Lifestyle in Dubai

6 Things to Know About Fitness Culture and Lifestyle in DubaiDubai, known for its soaring skyscrapers, luxurious lifestyle, and cultural diversity, has transformed into a fitness culture and lifestyle hub over the past years. As we venture into the fitness world in this fascinating metropolis,...

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Healthcare | Monday 5 February, 2024 10:13 am

Cleveland Clinic Abu Dhabi demonstrates the future of healthcare

With the introduction of more than 20 pioneering medical and surgical innovations in 2023 across areas such as oncology, neurology, transplant, heart, vascular and thoracic care, Cleveland Clinic Abu Dhabi, part of the M42 network, has reinforced its vision to deliver world-class, multidisciplinary ...

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Business & Money | Monday 5 February, 2024 10:05 am

WGS 'Best Minister Award' celebrates inspiring leaders

The Best Minister Award, presented by the World Governments Summit (WGS) in its seventh edition, recognises the exceptional efforts of ministers at demonstrating excellence in the public sector, designing and implementing successful, scalable and sustainable initiatives for socio-economic...

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