Month: January 2024

NEOM Announces Aquellum, A Futuristic Lifestyle Community Within A Mountain Haven

The Board of Directors of NEOM has announced Aquellum, a luxury and experiential space embedded within the mountains, and the latest striking addition to the ongoing regional development in northwest Saudi Arabia. With its foundations steeped in cutting-edge technology, avant-garde architecture and forward-thinking concepts, Aquellum will offer guests a taste of futuristic living through its

HIMA inaugurates first facility in Saudi Arabia

Dammam, Saudi Arabia: HIMA Group, global independent provider of safety-related automation solutions for the process and rail industries, has solidified its presence in KSA with the establishment of HIMA Saudi Arabia. Dedicated to advancing operational safety and reliability, this strategic move aligns seamlessly with the ‘Vision 2030’ strategy and actively supports the Kingdom’s localization programs in

Gulf Capital Closes Strategic Sale of AmCan, the largest MENA Sports Nutrition Distributor, to a Leading Regional Distribution Firm in a Highly Profitable Exit for its Third Buyout Fund

Gulf Capital (“GC”), one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has successfully completed the sale of 100% of AmCan, the exclusive distributor of many of the top global sports nutrition brands across the MENA region, to a leading regional FMCG distributor operating

Saudia Group Announces The Launch Of The Saudia Hajj And Umrah Company

Saudia Group has announced the launch of the Saudia Hajj and Umrah, a subsidiary dedicated to enhancing the pilgrims’ experience. This marks the Group’s thirteenth addition to its cohesive network of subsidiaries within the aviation sector. The announcement took place at the third Hajj and Umrah Services Conference and Exhibition held from January 8-11 at

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