Arcapita Group Holdings (“Arcapita”), the global alternative investment firm, has formed Arcapita Capital Company, a new subsidiary licensed by the Capital Market Authority of Saudi Arabia with offices in Riyadh, as part of its strategic expansion in the Kingdom. The formation of Arcapita Capital Company, will enable the firm to participate in private equity and

flynas, the Saudi carrier and leading low-cost airline in the Middle East, announced the inauguration of operating direct flights from Riyadh and Dammam to Mumbai, making the largest city in India to be the 5th destination for flynas in the country. Mumbai will now join Delhi, Lucknow, Calicut, and Hyderabad on the growing destinations list

Aramco today announced the launch of a new program, “Taleed”, which aims to accelerate the growth of Small and Medium Enterprises (SMEs) in Saudi Arabia — helping boost their contribution to economic development and support job creation. The program targets sustainable SME growth across multiple sectors through a portfolio of 20 initiatives, providing a wide

Jeddah, Saudi Arabia – October 19, 2022: flynas, the Saudi carrier and leading low-cost airline in the Middle East, announced increasing the frequency of its direct flights between Jeddah and the Uzbek capital Tashkent from twice a week to daily flights, starting from 15 November. The increase in the number of flights to Tashkent comes

flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, won World Travel Award as the Best Low-Cost Airline in the Middle East for the 8th time in a row at a forum held in Amman on Sunday, October 23, 2022. The World Travel award comes after one month after flynas

Gulf Capital, a leading thematic Private Equity firm investing across the Middle East and Southeast Asia, announced the successful completion of its exit from CHO Group, a fully-integrated producer and global exporter of olive oil and the largest operator in North Africa. This investment reflects Gulf Capital’s strategy of increasing its investments in food security

The Saudi Electricity Company (SEC) and Bahri, the global leader in transport and logistics, have signed a Memorandum of Understanding (MoU) to enhance cooperation across their supply chain operations. The signing took place on the sidelines of the Supply Chain Conference running from 16 to 17 October 2022 at the Four Seasons Hotel, Riyadh under