Leading financial services provider JB selected CREALOGIX to successfully transition itself from a traditional financial model to a tech-centric enterprise, enhancing its digital presence and operational efficiency. Within a year, the project redefined origination processes, business requirements, and application functionalities to meet JBFC’s strategic objectives of expanding its market reach and customer base through advanced
Arabian Contracting Services Company (Al Arabia) has obtained the approval of the Capital Market Authority (CMA) for a 10% capital raise. Al Arabia will grant one bonus share for every 10 owned shares to implement the capital hike process, according to a bourse disclosure. Following the transaction, the new capital will stand at SAR 550
Cruise Saudi, a fully-owned Public Investment Fund company, has announced its participation in the United Nations Global Compact, the world’s largest corporate sustainability initiative which is dedicated to promoting sustainable and socially responsible business policies. By joining the United Nations Global Compact, Cruise Saudi commits to incorporate its Ten Principles in the areas of human
Al Laith, a leading provider of diverse temporary project solutions in the Middle East, is proud to announce its role as the Official Temporary Infrastructure Strategic Partner in an extensive multi-year collaboration with the Saudi Motorsport Company (SMC). As part of this wide-ranging strategic partnership, Al Laith provided equipment and services for the 2024 Saudi
Intersec Saudi Arabia, Saudi Arabia’s leading trade fair for safety, security, and fire protection, will be held under the patronage of the High Commission of Industrial Security and in association with the Ministry of Interior and Saudi Civil Defence. The announcement comes after organiser 1st Arabia, under license by Messe Frankfurt, revealed that the 2024
Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA) revealed the growing travel interest to India in the first half of 2024. Wego’s data from January to June 2024 showed a 40.71% YoY increase in searches for international flights to India. International flight searches
The latest RICS Global Commercial Property Monitor reveals that Saudi Arabia’s commercial property sector cooled this quarter while remaining firmly positive in outlook. Overall occupier demand recorded a +20% reading this quarter, down from +53% previously. This weakened occupier demand was experienced across retail, office and industrial properties. Results for domestic and foreign investment dropped
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