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22 April 2025

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South Korea firms win Saudi cable deal

A South Korean consortium has won a $1 billion (Dh3.67 billion) deal to lay fibre optic cables in Saudi Arabia, a state

Ahmed bin Mohammed attends Saudi Arabia’s National Day reception in Dubai

His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, today attended a reception

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UAE, Saudi to set up Co-ordination Council

The UAE and Saudi Arabia have signed an agreement to establish a co-ordination council between the two countries. The

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Air Arabia launches 11th Saudi route to Al Jouf

Air Arabia on Tuesday announced the launch of non-stop service to Al Jouf, a tourist destination in Saudi Arabia. Al

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BNP Paribas acquires 25% stake in Saudi Investment Bank

France's BNP Paribas has bought a 25 per cent stake in the investment arm of Saudi Investment Bank, officials said

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Shuaa closes first tranche of Saudi fund

Shuaa Capital Saudi Arabia has closed the first tranche of its Shuaa Saudi Hospitality Fund I with 900 million Saudi

Saudi-Qatar border deal could unlock gas project

Saudi Arabia and Qatar have agreed to fix their maritime borders, Saudi media said on Sunday, in a move that could

SaudiGulf Airlines to start Dubai flights from September

Saudi Arabia has granted SaudiGulf Airlines a licence to operate domestic flights within the kingdom, the first such

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Emaar to start Jeddah home sales next week

Dubai's Emaar Properties said on Saturday it would start selling homes in its $1.6 billion (Dh5.9bn) Jeddah Gate

Deutsche Securities unveils Tadawul services

Deutsche Securities Saudi Arabia has commenced offering custody services in Saudi Arabia's stock exchange, Tadawul,

Rotary Arabia and Technical of Saudi sign MoU

Rotary Arabia, a subsidiary of Singapore-listed petroleum and petrochemicals infrastructure group Rotary Engineering,

Chedid Re opens subsidiary in Saudi Arabia

Chedid Re, a reinsurance broker in the Mena region, has established a new subsidiary in Saudi Arabia to capitalise on