Business & Money | Monday 18 September, 2023 7:00 am

Walaa Insurance board proposes SAR 425 mln rights issue to raise capital

The board of Walaa Cooperative Insurance Co. recommended, on Sept. 17, increasing the company’s capital through a SAR 425 million rights offering.    In a statement to Tadawul, the insurer pointed out that the capital increase aims to...

More Details

Environment & Energy | Sunday 17 September, 2023 5:33 pm

Saudi Maritime Congress returns to Dammam – opening 20 September 2023

The 4thedition of Saudi Maritime Congress – the Kingdom’s largest and most important global maritime event – opens its doors on Wednesday 20th September under the patronage of the Ministry of Transport and Logistic Services and supported by founding strategic partners, Bahri & Seatrade...

More Details

Business & Money | Sunday 17 September, 2023 1:00 pm

Naif Alrajhi Investment Clinches Prestigious Contract to Develop District One in the King Salman Park Project

Naif Alrajhi Investment group has announced its winning of a real estate development contract for the first real estate investment land parcel in King Salman Park in Riyadh. The project is being undertaken in partnership with the King Salman Park Company for Investment and Real Estate Development,...

More Details

Business & Money | Sunday 17 September, 2023 11:47 am

Sakani says 8,700 families received first homes in August

Sakani Program stated that 10,250 families benefited from the program in August, with a rise of more than 23% compared with 8,303 in July.   In a statement, the program added that the number of families that received their first homes during the same month amounted to...

More Details

Government | Sunday 17 September, 2023 11:46 am

Ministry of Municipal Affairs says 1.3 mln commercial licenses issued YTD

The Ministry of Municipal and Rural Affairs and Housing stated that the number of commercial licenses issued since the beginning of this year reached 1.31 million, Al Eqtisadiah newspaper reported.   It added that the licenses include restaurants, services, salons, residential and...

More Details

Tourism & Hospitality | Sunday 17 September, 2023 11:17 am

GEA Chairman unveils new identity for Riyadh Season

Riyadh Season will open for its fourth edition under a revamped identity and a new logo –"Big Time".   Turki Al-Sheikh, Chairman of General Entertainment Authority (GEA), announced the new innovative identity in a tweet on "X" platform (formerly Twitter).   The...

More Details

Business & Money | Sunday 17 September, 2023 9:28 am

S&P affirms Saudi Arabia’s credit rating at A/A-1, stable outlook

Standard & Poor's (S&P) affirmed its credit rating for Saudi Arabia in local and foreign currencies at “A/A-1” with a stable outlook in a recent report.    S&P maintained its credit rating, backed by the Kingdom’s efforts to proceed with significant...

More Details

Tourism & Hospitality | Sunday 17 September, 2023 9:20 am

Abu Dhabi Airports accelerates key operational readiness trials for new Terminal A

As part of the ongoing operational readiness trials for the new Terminal A ahead of its opening in November, Abu Dhabi Airports is conducting the largest live trial and testing exercise to date, with more than 6,000 volunteers selected from the community in Abu Dhabi.   The operational...

More Details

Culture & Education | Sunday 17 September, 2023 9:14 am

Dubai Culture offers aspiring talent calligraphy courses rooted in innovation, tradition, and modernity

Dubai Culture and Arts Authority (Dubai Culture) is announcing its Arabic Calligraphy, Ornamentation, and Gilding Courses, designed to nurture and inspire emerging talent in the realm of Arabic calligraphy. Running from September 18th to December, this initiative signifies our unwavering dedication ...

More Details

Culture & Education | Sunday 17 September, 2023 9:12 am

First AlUla World Archaeology Summit wraps up with wide-ranging explorations of what modern society can learn from the past

Delegates at the final day of the first AlUla World Archaeology Summit participated in a series of lively discussions on the future of archaeology and its ability to enact meaningful change for society. The discussions – ranging from the usefulness of ancient wisdom in a modern context to...

More Details