May 26, 2023

E3 Customer Experience Conference 2023 Concludes with Landmark MoU Signings to Transform Saudi Arabia’s Experience Economy

The highly anticipated E3 Customer Experience Conference 2023, organized by Ejtemaat Saudi Arabia in partnership with the Saudi CX Association, concluded on a triumphant note.

May 25, 2023

MODON and Sukuk Capital Join Forces to Boost Financing Solutions for SMEs in Saudi Arabia

The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, has signed a memorandum of understanding (MoU) with Sukuk Capital

May 24, 2023

Flynas, Saudi Arabia’s Low-Cost Airline, Achieves Impressive 47% Revenue Growth in Q1

flynas, the low-cost airline of Saudi Arabia, has reported a remarkable 47% increase in revenue during the first quarter of 2023 compared to the same period last year.

May 24, 2023

Saudi Arabia’s NDMC successfully concluded its sukuk issuance for May, raising $1.15 billion in funds.

Saudi Arabia’s National Debt Management Center (NDMC) announced the successful closure of its sukuk issuance for the month of May

May 24, 2023

Saudi Arabia’s Energy Minister Warns Speculators Ahead of OPEC+ Meeting.

In April, Saudi Arabia, along with other OPEC+ producers, surprised the market by announcing voluntary production cuts.

Saudi Arabia
May 22, 2023

Investments from foreign and joint ventures in Saudi Arabia’s industrial sector have soared to a staggering $144 billion.

Saudi Arabia is experiencing a remarkable expansion in its industrial sector, driven by substantial foreign and joint investments amounting to over SR542 billion ($144 billion)

AHOY Technology
May 21, 2023

AHOY Technology Collaborates with iot squared to Tap into Saudi Arabia’s Booming Mobility Sector

The mobility sector in Saudi Arabia is poised to witness significant advancements as Emirati company AHOY Technology partners with iot squared

Milling
May 18, 2023

First Milling Co. to Launch IPO, Offering 30% Stake in Saudi Arabia’s Flour and Feed Market

Saudi Arabia’s First Milling Co. has announced its plans to go public, with intentions to float 30% of its shares in the stock market.

NDMC
May 17, 2023

Saudi Arabia’s NDMC has successfully raised $6 billion through the issuance of Islamic bonds, also known as Sukuk.

Saudi Arabia’s National Debt Management Center (NDMC) has successfully raised $6 billion through the sale of Islamic bonds, known as sukuk, under its Global Trust Certificate Issuance Program. The issuance has received significant interest from investors, highlighting their confidence in the Saudi economy. According to a statement released on Tuesday, the Kingdom sold a $3 […]

Jamjoom
May 16, 2023

Jamjoom Pharmaceuticals had a successful first day of trading as Saudi Arabia’s IPO market continues to thrive.

Jamjoom Pharmaceuticals Factory Co., a prominent generic drug manufacturer, witnessed robust demand as its initial public offering (IPO) in Riyadh attracted substantial investor interest.

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