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Promoaction DDB wins Zain Saudi accountPromoaction DDB (P DDB) has been awarded the entire advertising account for Zain in Saudi Arabia as the telecom operator readies for further growth in the Kingdom. “We have aggressive More… |
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Saudi to allow expats with new work visasThe Saudi Arabian government has begun permitting companies to recruit expatriates who are in the process of rectifying their work status, said a report. Expats who leave the Kingdom on an exit visa can now return, the moment they More… |
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Saudi dairy approves $26m dividendsSaudi Dairy and Foodstuff Company (Sadafco) has approved a board recommendation for distribution of dividends worth SR97.5 million ($26 million) at SR3 per share representing 30 per cent of the capital, for the first quarter, said a report. More… |
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Saudi oil exports plunge in MarchSaudi crude exports fell to 7.42 million barrels per day (bpd) in March, 34,000 bpd less than in February, as Saudi power sector oil use rose and output edged lower, official figures released via the Joint Oil Data Initiative (JODI) show. More… |
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Saudi woman creates history by climbing EverestRaha Moharrak, a 25-year-old Saudi woman, has made history by becoming the youngest Arab to reach the summit of the world's highest mountain Everest. She was part of a four-person expedition that also included the first Qatari More… |
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Big demand for housing projects at KAECThe huge influx of investments in business enterprises and industrial projects at King Abdullah Economic City (KAEC) have resulted in a surge in demand for residential accommodation for employees and workers, said a senior official. KAE More… |
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Mobily partners with PCCW GlobalMobily, the second largest telecoms company in Saudi Arabia, said its subsidiary Bayanat Al Oula has signed a co-operation agreement with PCCW Global to enhance its business opportunities. More… |
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IILM seeks dealers for sukuk issueThe International Islamic Liquidity Management Corp (IILM), which plans to issue its maiden sukuk by June, is facing its final hurdle as it aims to secure a network of distributors. The IILM, which was formed to address the shorta More… |
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Saudi says hackers sabotage govt websitesSeveral government websites in Saudi Arabia were sabotaged in a series of heavy cyber attacks from abroad in recent days, disabling them briefly until the attacks were repelled, the government said. An investigation traced the &qu More… |
Saudi princes lose battle to keep UK lawsuit secretTwo Saudi princes will not be able to keep details of an international commercial dispute a secret, a British court ruled on Thursday, despite lawyers arguing that the case could damage Saudi rela More… |
