1. State-of-the-Art Infrastructure The new South Container Terminal at Jeddah Islamic Port features cutting-edge facilities designed to enhance efficiency and support increased trade volume, marking a significant milestone in Saudi Arabia’s expansion efforts. [source] 2. Major Investment With a total investment of $800 million, the terminal is part of a SAR3 billion development program aimed
Over 115,000 new homes are needed each year up to 2030 to satisfy demand from Saudi nationals, according to global property consultancy, Knight Frank’s new whitepaper: Transforming Saudi’s Residential Housing Market: Opportunities Abound. Approximately one-third of this incremental demand is being driven by the government’s 70% homeownership rate target, given the rate of homeownership rate stood
AliExpress, the global online retail marketplace, is excited to bring back its annual 11.11 Global Shopping Festival to the Kingdom of Saudi Arabia with the best deals of the year, with discounts up to 80% off and an upgraded service to enhance the shopping experience. This year, the platform is extending the shopping festival so
Cityscape Global, the world’s largest real estate event, will open its doors tomorrow at the Riyadh Exhibition & Convention Centre, Malham, with an expanded focus on driving business-to-business (B2B) transactions. Running from 11-14 November, this year’s Cityscape Global grows to add on two new halls over 45,000 sqm, features various new segments, more than 150
Almarai Company signed a cooperation agreement with the Saudi Arabian Scout Association on Monday, June 3, 2024, at the company’s headquarters in Riyadh, to support the association’s efforts in serving pilgrims during the Hajj season 1445H.The agreement was signed on behalf of Almarai Company by the Head of Internal Communication, Ms. Hala Alabidy, and on
flynas, the national air carrier and the leading low-cost airline in the Middle East and the world has been crowned by the World Travel Awards (WTA) as The Middle East’s leading Low-Cost Airline in 2023, extending its winning streak of the prestigious aviation award to 9 years in a row since 2015. flynas received the
Amin H. Nasser, Aramco President & CEO, today gave a keynote speech at the second edition of the Saudi Capital Market Forum, which was held under the auspices of His Excellency the Chairman of the Board of the Capital Market Authority, Muhammad Al-Quwaiz. In his speech, Mr. Nasser highlighted that capital market development is high on
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