PIF has obtained a $15 billion revolving credit facility for general corporate purposes. This replaces the previous $15 billion revolving credit facility agreed in 2021. This $15 billion revolving credit facility is offered for an initial period of three years, and is extendable for up to two additional years. The facility agreement was signed with
flyadeal is celebrating yet another milestone, having flown 30 million passengers since its inaugural service, with a three-day sale of up to 30 per cent savings on all routes. Valid until 29 August 2024, the offer is available for travel on all domestic and international routes between 1 September 2024 – 31 December 2024. Tickets are bookable
Today, the Board of Directors of the Prince Mohammed bin Salman Royal Reserve Development Authority, chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, announced the launch of the Reserve’s Integrated Development Management Plan (IDMP). The plan is a comprehensive roadmap in line with global standards, covering the environmental,
Flynas, the leading low-cost airline in the world and the best LCC in the Middle East, is gearing up to launch a bunch of new direct destinations and routes between KSA and UAE at the beginning of September, extensively expanding its network in the UAE market to be the largest air carrier serving the four
Savoye, a leading global warehouse automation integrator and software publisher,will showcase its comprehensive suite of advanced solutions at the first edition of the Saudi Warehousing &Logistics Expo, Riyadh from September 2 to 4, 2024. The event is poised to drive the adoption of advanced technologies within the Kingdom of Saudi Arabia’s (KSA) supply chain and
Federal Express Corporation, the world’s largest express transportation company, has enhanced its FedEx® Delivery Manager International (FDMi) e-commerce solution with delivery notifications on WhatsApp, available in both English and Arabic, for package recipients in Saudi Arabia. FDMi is an interactive e-commerce delivery solution that provides customizable delivery options and alerts. E-tailers using the solution can
The King Salman International Academy for the Arabic Language and the Union of News Agencies of the Organisation of Islamic Cooperation (OIC) Countries will hold on September 2, 2024, a virtual symposium entitled “Enhancing Arabic content in news agencies in non-Arabic-speaking OIC countries.” Experts from the Academy and representatives of official news agencies in non-Arabic-speaking