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RIYADH: Close to two-thirds of business leaders in Saudi Arabia believe their organizations underestimate how to engage with workers properly when planning transformation programs, according to a

RIYADH: Public Investment Fund wholly owned Saudi Real Estate Refinance Co., has extended the maturity on its benchmark for mortgages in Saudi Arabia to 30 years, the Saudi Press Agency reported on

RIYADH: Global accounting firm KPMG Professional Services has introduced a new shareholding structure to include non-Saudi senior directors as shareholders of the company. The proposal was approved

RIYADH: Kuwait-listed Gulf Investment House, one of the leading investors in real estate properties, targets the listing of four firms on the Saudi Stock Exchange and Abu Dhabi Securities Exchange in

RIYADH: Volkswagen-owned Porsche is set to price its initial offering of stock at the high end of the planned range, Bloomberg reported The share price was set at $80 per share, valuing the company

RIYADH: Saudi Arabia’s utility developer ACWA Power currently holds over a $67 billion investment portfolio, revealed its chief financial offier. The company, which builds power and desalinated water

RIYADH: In the largest joint partnership of its kind, Gulf carrier Qatar Airways and European airline British Airways have joined hands to offer an expansive network of international flights to their
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RIYADH: Emirates Water & Electricity Co. has awarded the contract to develop the Mirfa 2 seawater reverse osmosis project to a consortium led by France’s Engie, reported MEED. The Engie-led team

RIYADH: Saudi Arabia’s Najran municipality has signed contracts with several national companies for the implementation of municipal and service projects worth SR26.5 million ($7 million) in the

RIYADH: Saudi Arabia donated on Saturday $1 million to the United Nations Alliance of Civilizations (UNAOC) to support its work plan, activities, and programs, the Saudi Press Agency (SPA) reported.

RIYADH: Saudi Arabia’s main index declined in the first session of the week, amid cautious investor sentiment ahead of domestic inflation data and the Federal Reserve’s interest rate announcement.

RIYADH: German vehicle manufacturer Volkswagen is set to receive multi-million euros in profits as it sells large amounts of fuel, Bloomberg reported. According to Bloomberg calculations, VW could

RIYADH: Saudi Arabia wants the EU to accept long-term contracts in green hydrogen investment opportunities, according to the European Council President. Speaking on Friday, Charles Michel said the

RIYADH: A leading Middle East and Africa retail, leisure, and entertainment company has launched a first-of-its-kind virtual reality experience in Saudi Arabia. As part of a regional partnership,

RIYADH: US carrier United Airlines and Dubai’s Emirates have signed a codeshare agreement amid high demand for air travel, according to the Government of Dubai Media Office. Under the agreement,

RIYADH: Saudi Arabia’s National Water Co. has signed two deals worth SR714 million ($190 million) with firms in the private sector to operate water and environmental treatment services in the western

RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources has launched a program to automate 4,000 factories and end reliance on low-skilled workers, Minister Bandar Alkhorayef said on

Arabian Post Staff The millionaire populations of Dubai, Mumbai, and Shenzhen are expected to break into the Top 20 wealthiest cities by 2030, according to global wealth intelligence firm New World Wealth. “Cities with strong oil and gas industries are performing especially well this year, including the likes of Riyadh, Sharjah, Luanda, Abu Dhabi, Doha, and Lagos. Others on the fastest-growing list include Lugano, a Swiss hotspot for […]

RIYADH: In recognition of its ships high marine quality standards in US ports, Saudi Arabia has become one of only 26 countries — and the first in the Middle East — to be awarded the Marine Quality

RIYADH: The Saudi Grains Organization has deposited SR33.7 million ($8.9 million) to 49 local farmers who supplied wheat quantities allocated for this season. The payment constitutes the thirteenth

RIYADH: Saudi Arabia’s ultra-luxury development project AMAALA, which is being developed by The Red Sea Development Co., has signed over 300 contracts worth over SR6.62 billion ($1.7 billion) to

RIYADH: Inflation in Egypt rose to a four-year high in August mainly driven by a rise in food and beverage prices. The annual inflation rate in the North African country rose to 15.3 percent compared

RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan met with his Jordanian counterpart in Cairo on Tuesday, Saudi Press Agency reported. During the meeting on the sidelines of an Arab

RIYADH: Saudi Industrial Development Fund has approved a total of 930 loans, valued at over SR75.4 billion ($20 billion), since the launch of the Kingdom’s Vision 2030 six years ago. Small and medium
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