Kuwaiti low-cost carrier Jazeera Airways has announced the resumption of its flights to the Saudi port city of Jeddah via Qaisumah Airport (AQI), as part of the airline’s expanded dual-base operations. This route will support both passenger travel and the continued movement of essential goods.
Saudi Arabia's East-West pipeline, which circumvents the Strait of Hormuz, is pumping oil at its full capacity of 7 million barrels a day, Bloomberg News reported, citing a person familiar with the matter.
Kuwait Financial Centre has announced the launch of its next-generation digital trading platform - iMarkaz Invest - designed to enhance the client experience and expand access to financial markets in Kuwait, Saudi Arabia, UAE and US through a secure, intuitive, and efficient digital interface.
Construction on the King Abdullah Gardens (KAGA) is advancing rapidly, marking significant progress on one of Riyadh's most prominent environmental initiatives. Spanning more than 2 million sq m, KAGA ranks among the world's three largest covered botanical gardens.
United Maintenance and Contracting Company (Unimac), a specialised heavy civil contracting company based in Saudi Arabia, has announced that it has officially signed a strategic agreement with ProGrowth Company for collaboration on leading projects in the kingdom.
Saudi religious leaders have announced that the Eid Al Fitr will be celebrated on Friday in the kingdom and across the Gulf region after the Shawwal crescent moon was not sighted on Wednesday (March 18) evening. Muslims in the region will therefore fast for 30 days this year.
Global utility major Acwa Power has acquired the entire 32% stake of Saudi PIF company Badeel in Shuaibah Water and Electricity Company (developer of Shuaibah IWPP). With this move, Acwa Power has now become the majority stake holder in the Shuaibah company with 62% share.
Leading Kuwaiti low-cost carrier Jazeera Airways has announced that it has begun operating flights to Istanbul via Qaisumah Airport (AQI) at Hafar Al Batin in the Kingdom of Saudi Arabia. This comes following the recent launch of its similar flights to Egypt and Jordan.
Asas Makeen for Real Estate Development Company has announced that it has secured a major contract from Awa'id Al Hada for the development of a villa community project in Riyadh. The scope of work includes management and construction of key residential units over a 10,468 sq m area.
Saudi-based Retal Urban Development Company has announced plans to raise its capital to SAR555 million ($151 million) from SAR500 million ($136 million) in a bid to facilitate its planned acquisition of a stake in Ajdan Real Estate Development Company from AlFozan Holding.
