The Public Investment Fund (PIF) has today announced the signing of a share purchase agreement to acquire a 100% shareholding in the Saudi Iron & Steel Company (Hadeed) from the Saudi Basic Industries Corporation (SABIC). Based on a cross-conditional share exchange agreement, Hadeed will also acquire a 100% shareholding in AlRajhi Steel Industries Company (Rajhi
SABIC and SINOPEC announced the commercial operation of a new polycarbonate (PC) plant at their 50-50 joint venture (JV) – SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC). Khalid Hashim Al-Dabbagh, SABIC Chairman and Ma Yongsheng, SINOPEC Chairman attended the ceremony. Established in 2009, SSTPC is a mega-size petrochemical complex that already consists of nine world-scale
Qatar Airways, the 7-time World’s Best Airline,is nowthe Official Airline Partner of BWT Alpine F1 Team as part of a multi-year agreement and will be working together to promote the Qatar Airways Qatar Grand Prix 2023. The partnership comes after the announcementof Qatar Airways’ Official Airline and Global Partner with Formula 1®(F1®) earlier this year.
Visitors to the upcoming Cityscape Global event to be held at the Riyadh Exhibition and Convention Center from 10-13 September, are set to experience the future of living, courtesy of an immersive exhibit and informative presentations by NEOM, the smart and sustainable region taking shape in northwest Saudi Arabia. Cityscape Global is the world’s largest
The King Abdullah Financial District Development & Management Company (KAFD DMC) today announced its participation as a Strategic Sponsor in the Cityscape Global Exhibition. This event, being held for the first time in Riyadh, will take place at the Riyadh Exhibition and Convention Centre “Malham” from September 10 to 13. The exhibition is sponsored by
Riyadh, Saudi Arabia – Microsoft Arabia and KEYSS Project today signed a new partnership to accelerate the digital transformation of startups and SMEs across the Kingdom and foster innovation in line with the Saudi Vision 2030. This partnership will provide entrepreneurs and startups trained by the KEYSS Project with access to the Microsoft for Startups
Babyshop, the leading baby and children’s retailer in the Middle East has launched a new standalone store in the prestigious 360 Mall in Kuwait, on 29th August 2023. This addition marks another significant step forward in the brand’s commitment to providing quality, yet affordable, baby & child essentials for families in the country. Spanning an impressive
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