Month: August 2024

The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund (PIF) Company, signed a  Memorandum of Understanding (MoU) today, Wednesday, in New York City with King Street Capital Management. The agreement aims to foster cooperation and strategic partnership between the two parties in the real estate finance sector, under the patronage and in the

Riyadh, Saudi Arabia: Red Bull MOBILE in Saudi by Future Network Telecommunications, the region’s fastest-growing telecommunications provider, is thrilled to announce an exciting new chapter in its journey through an official three-year partnership with Al Hilal Club Company, Saudi Arabia’s most prestigious and successful football team. The partnership, unveiled during a special ceremony in Riyadh,

The National Debt Management Center has completed the receipt of investor requests for the local Sukuk issuance for August 2024, as part of the Saudi Arabian government’s Sukuk program in Saudi Riyals. The total allocation for this issuance was set at SR6.018 billion. The center’s statement detailed that the issuance was divided into five tranches.

Liva Group, a leading multi-line insurer in the GCC, today said that a potential merger between Liva Insurance Company (“Liva KSA”) and Malath Cooperative Insurance Company was part of a strategy to expand its footprint in Saudi Arabia. Liva KSA, which is listed on the Saudi stock exchange and majority owned by Liva Insurance BSC

Arabian Mills for Food Products Company(“Arabian Mills” or the “Company”), one of the market-leading flour milling companies in the Kingdom of Saudi Arabia (“KSA” or the “Kingdom“), announces its intention to proceed with an initial public offering (“IPO” or “Offering”) and the listing of its ordinary shares (“Shares”) on the Main Market of the Saudi

NEOM Green Hydrogen Company (NGHC), the company building the world’s largest green hydrogen plant at Oxagon,in Saudi Arabia’s northwestern region of NEOM, has announced a significant recruitment drive for its construction and operations phases. This initiative aims to build a strong, talented team across various functions, including Corporate, EHSS, Risk, Operations & Maintenance, Finance, IT

Leading smart facilities management (FM) solutions company HITEK Services, which is part of the Farnek group of companies, has acquired multiple prestigious contracts in Saudi Arabia, cementing its leadership in the delivery of cutting-edge FM solutions across the kingdom. HITEK Services is a pioneering provider of technology-driven, facility management solutions, with a focus on innovation and sustainability. HITEK optimises