The National Fire Protection Association® (NFPA®) and Aramco, one of the world’s leading integrated energy and chemicals companies, have signed a Memorandum of Understanding to collaboratively develop fire,electrical, and life safety regulations, promote educational initiatives, and share expertise to safeguard lives and property within the Kingdom’s energy and petrochemicals industry. The Memorandum of Understanding was
Dar Global, the London-listed luxury international real estate developer, is pleased to announce the appointment of Rothschild & Co, the leading global independent financial advisor, to explore further growth opportunities in the London and Saudi Arabia markets. The move is part of Dar Global’s strategic plan to expand its presence in the two markets. While
Al Majed for Oud Company (the “Company” or the “Issuer”), one of the leading manufacturers and developers of perfume and oud products in the Kingdom of Saudi Arabia (the “Kingdom”) and increasingly the Gulf Cooperation Council (the “GCC”) countries, today announces its intention to proceed with an initial public offering (the “IPO” or “Offering”) and
King Salman International Airport Development Company (KSIADC), one of Public Investment Fund’s companies, announced the signing of strategic partnership contracts with four leading local and international companies in the fields of architecture, engineering, construction, and air traffic management. This partnership aims to start a new phase to develop King Salman International Airport (KSIA) to become
For the fourth consecutive year, Zain KSA, the leading telecom and digital services provider, has advanced its position in the Morgan Stanley Capital International (MSCI) ESG Index, upgrading its rating to AA from the previous year’s A. This achievement places Zain KSA in the ‘Leader’ category among 179 global telecom companies assessed by this index,
Cenomi Centers, the largest owner, operator and developer of contemporary retail and lifestyle centers in Saudi Arabia, welcomes its addition to the Morgan Stanley Capital International (MSCI) Saudi Arabia Small Cap Index, demonstrating the company’s solid track record of financial and operational performance and future growth. The MSCI Saudi Arabia Small Cap Index tracks regional
Yalla Plus, a Riyadh-based startup, announced the successful closure of its seed investment round, raising 10 million SAR ($2.7 million USD). The round was led by Merak Capital, with participation from Khwarizmi Ventures, Isometry Capital, and angel investors from the Middle East and the United States. Founded in 2022 by Abdullah Alrabeh, a serial tech
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