Thursday, January 16, 2025

Saudi Arabia

Saudi Tabreed prepares for an initial public offering in 2025

Saudi Arabia's Public Investment Fund acquired a 30% stake in Saudi Tabreed in 2022. The company intends to Saudi Cooling “Cooperating with Citigroup and SNB Capital to explore the possibility of an initial public offering in Riyadh,” according to a...

Air Arabia launches new non-stop flights to Ethiopia

SHARJAH - Air Arabia has announced the launch of its new non-stop flights to Addis Ababa, the capital city of Ethiopia. Starting January 30th, the new service will connect Sharjah International Airport with Addis Ababa Bole International Airport with a...

Saudi Arabia: Hail, storm, heavy rain.. floods in Mecca and Medina, entire Saudi Arabia on high alert

Mecca and Medina are very holy pilgrimage sites in Saudi Arabia. Every year millions of Muslims from all over the world come here to perform Hajj and Umrah. But these days heavy rains have changed the atmosphere of the...

Saudi Arabia’s Public Investment Fund reduces stake in Japan’s Nintendo to 4.19%

The fund cut its stake after the Japanese gaming company suffered a decline in sales of its biggest product. Saudi Arabia's Public Investment Fund has reduced its stake in Japanese gaming giant Nintendo to 4.19% from 5.26%, Reuters reported. Saudi Arabia's...

New visual identity for the General Authority for Food Security in Saudi Arabia

The new visual identity of the General Authority for Food Security embodies the Authority’s pioneering vision in leading food security efforts in the Kingdom. The General Authority for Food Security in the Kingdom of Saudi Arabia revealed its new visual...

Kuwait launches 7 tenders to support projects of 5 government agencies

The Central Agency for Public Tenders in Kuwait is offering 7 tenders for five government agencies. Central Agency for Public Tenders Kuwaiti 7 tenders for five entities Various governmental entities, including an oil company. Kuwait. Distribution of tenders to government agencies The...

Saudi Global Ports selects banks ahead of $1 billion IPO

Saudi Global Ports Company was established in 2012 and operates container terminals at King Abdulaziz Port on the country's east coast. Saudi Global Ports Company By selecting a group of banks, including a group Goldman Sachs and HSBC Holdings Plc...

Saudi Arabia.. Launching the VAT refund system for tourists in 2025

The Zakat, Tax and Customs Authority will oversee the implementation of the system, which is designed to simplify tax compliance and enhance the travel experience. The Kingdom of Saudi Arabia announced Launch of the VAT refund system For tourists in...

Saudi Central Bank issues new rules to protect “electronic wallets”

The Saudi Central Bank “SAMA” issues regulatory rules for electronic wallets.. Find out when they will be implemented. Issued Saudi Central Bank "SAMA" Regulatory rules for electronic wallets, within the framework of its supervisory and regulatory role, over licensed electronic...

Saudi Arabia launches ‘voluntary carbon market’ exchange to finance climate projects

The Voluntary Carbon Market exchange connects buyers to a group of 17 climate projects around the world. Saudi Arabia launched the stock exchange Voluntary carbon market “to finance climate projects as the Kingdom transitions to a low-carbon economy. She said Regional...

Latest News

UAE launches first influencer hub to attract 10,000 influencers

The goals of launching the first headquarters for influencers are to empower them and create sustainable frameworks for a...

Today Gold Rate in Dubai (UAE) in Dirham, 13th Jan 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 3,793.65 while 24k Per 10 Gram gold price is AED 3,252.50. Usually people...

Today Gold Rate in Saudi Arabia – 13th Jan 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,895.71 while 24k Per 10 Gram gold price is SAR 3,340.00. Usually...

Today Gold Rate in Qatar – 13th Jan 2025

Today Gold Rate in Qatar Today Per tola is QAR 3,796.57 while 24k Per 10 Gram gold price is QAR 3,255.00. Usually people opt...

Today Gold Rate in Oman – 13th Jan 2025

Today Gold Rate in Oman Today Per tola is OMR 397.15 while 24k Per 10 Gram gold price is OMR 340.50. Usually people opt...