AlUla Development Company, a PIF Company, has signed a three-year partnership agreement with leading live entertainment company, Live Nation Arabia to manage operations at Maraya and transform it into a premier entertainment venue that hosts a wide range of events including concerts, cultural performances, exhibitions, conferences, and more. The agreement will cement the venue’s position
PIF has signed six memorandums of understanding (MoUs) worth up to $50 billion with leading financial institutions. These MoUs were signed with the Agricultural Bank of China (ABC), Bank of China (BoC), China Construction Bank (CCB), China Export & Credit Insurance Corporation (SINOSURE) Export-Import Bank of China (CEXIM) and the Industrial and Commercial Bank of
Global sports company PUMA proudly announces a groundbreaking three-year partnership with Eastern Flames FC, Saudi Arabia’s first and pioneering all-women’s football team. This three-year partnership represents PUMA’s commitment to empowering women and advancing football culture in the region. Founded in 2006 in the Kingdom’s Eastern Province, Eastern Flames FC is where women’s football began in
The National Fire Protection Association® (NFPA®) and Saudi Electricity Company (SEC) announced the signing of a Memorandum of Understanding (MoU), marking a significant step towards promoting fire and life safety standards and practices across the Kingdom of Saudi Arabia. The MOU signing ceremony, held at Saudi Electricity Company’s headquarters in Riyadh, was attended by key
The second edition of the New Global Sport Conference (NGSC) gathers visionary leaders from esports, gaming, business, mainstream sports, and entertainment to explore this year’s theme ‘The Future of Fandom’. Hosted at the Four Seasons Hotel Riyadh AtKingdom Centre on August 24-25, NGSC will discuss how fandom is evolving and its significant impact on business
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
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