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Saudi Aramco aims to raise at least $17 bln from gas pipeline -sources
Potential bidders including North American private equity and infrastructure funds, as well as state-backed funds in China and South Korea have been approached by Aramco through its advisors before a formal sale process kicks off in the next few weeks, they said.
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Accor to bolster luxury footprint in Saudi Arabia with new Fairmont Ajdan Al Khoba
Hospitality group Accor has signed a brand new Fairmont property in Saudi Arabia on the Ajdan Waterfront development, a high-profile mixed-use development in Al Khobar and the Eastern Province of Saudi Arabia. With an opening date expected for Q3 2023, the hotel will feature 160 rooms and serviced apartments. The resort’s signature feature will be a full-service Fairmont Spa, accompanied by a fitness area and swimming pool.
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Saudi Research and Media Group launches Manga Arabia
Saudi Research & Media Group (SRMG) - which owns more than 30 major media outlets including Asharq Al-Awsat, Asharq News and Arab News- announced today the launch of “Manga Arabia”. Stemming from the growth in popularity of Japanese Manga and Anime in the region over the last two decades, as well as the demand for localized storytelling, Manga Arabia’s imaginative new Arabic content is purposeful, safe, and inspired by Arab cultural values; furthermore, the content will be inspired and translated from leading Japanese publishers, ready to be consumed by all age groups.
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WWE Crown Jewel Reportedly The Next Event In Saudi Arabia
WWE Crown Jewel 2021 is reportedly scheduled for Riyadh, Saudi Arabia on Thursday, October 21, according to PWInsider.
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Saudi startup Red Sea Farms secures $16m in latest funding round
Saudi agricultural technology startup Red Sea Farms has secured $16 million in its latest funding round, exceeding the initial target thanks to strong investor interest. The agtech startup, which enables farming of produce using primarily salt water and sunlight, will use the capital injection to expand its operations in the region and beyond.
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Saudi National Bank’s investment arm and BNY Mellon to bring global securities services in KSA
SNB Capital, the investment banking arm of Saudi National Bank, has partnered with global investments company BNY Mellon to offer global securities services to institutional and large asset owners in Saudi Arabia. The new service, which was a follow-up on the pair’s announcement in October last year, will address demand to adopt global practices in asset management, brokerage, and custody functions in the Kingdom.
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Saudi Arabia launches new system to evaluate contractors
The Saudi Contractors Authority has launched a new initiative to evaluate contractors as part of its efforts to ensure transparency in the sector, reported Saudi Press Agency (SPA). The criteria will include quality, schedule, environment, health and safety value, communication, responsiveness and compliance, it stated.
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Saudi Arabia gets green light on clean hydrogen
The center is conducting a research project on the challenges and opportunities for Saudi Arabia in the future global hydrogen market. As part of this work, Dr. Jan Frederik Braun, a researcher in the climate and environment program, and Rami Shabaneh, a senior research associate in the markets and industrial development program, recently published a commentary that explores the future of clean hydrogen within and beyond the Kingdom.
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German coach Monika Staab′s latest project takes her to Saudi Arabia
Monika Staab is something of a pioneer in women's football. The well-traveled 62-year-old spoke to DW about her new role as coach of Saudi Arabia's women's national team - and building structures from the grass roots.
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5 things we learned from the opening round of the 2021-22 Saudi Professional League season
The first round of games of the 2021-22 Saudi Pro League season is over and what a start it was. Fans are back in stadiums, stars are back on the pitch and the goals are flying in. Of course, there is a long way to go, but there was enough to suggest that this is going to be a season to remember.
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