Historic Jeddah to support securing local workforce with new agreement

RIYADH: The office market in Riyadh continued its strong performance in the second quarter of 2024, thanks to government investment incentives that attracted international companies to establish regional headquarters. According to the latest Saudi commercial market report from Savills, over 120 international companies moved their regional headquarters to the kingdom's capital in the first quarter … Read more

Diriyah Co. signs $2bn contract for Wadi Safar 

RIYADH: Diriyah Co. has signed a $2 billion contract with Urbacon Saudi Co. and Al-Bawani Group to develop the Wadi Safar project, including the Royal Diriyah Equestrian and Polo Club and several luxury hotels. “Today is a very big day,” Diriyah Co said. Group CEO Jerry Inzerillo to Arab News. “It is unusual for development … Read more

Saudi finance minister heads Kingdom’s delegation to G20 ministerial meeting in Brazil

RIYADH: The office market in Riyadh continued its strong performance in the second quarter of 2024, thanks to government investment incentives that attracted international companies to establish regional headquarters. According to the latest Saudi commercial market report from Savills, over 120 international companies moved their regional headquarters to the kingdom's capital in the first quarter … Read more

MoU to drive job creation, training in Saudi hospitality 

RIYADH: A water supply and environmental sanitation project in Yemen by Saudi aid agency KSrelief has continued to improve conditions for those living there. From June 19-25, approximately 1,033,550 liters of potable water and 10,849,000 liters of non-potable water were provided in Hajjah. The project team worked in the districts of Midi, Haradh, Hayran and … Read more

Market wrap: ASX200 falls on July 24, 2024 trading day

The Australian share market edged lower in a cautious trading day on Wednesday after weeks of political upheaval and market turmoil. The benchmark ASX200 index fell 7.4 points, or 0.09 per cent, to settle at 7963.7, while the broader All Ordinaries index fell 3.1 points, or 0.04 per cent, to close at 8205.5. Technology shares … Read more

GCC banks eye Turkiye, Egypt and India for growth prospects

RIYADH: The office market in Riyadh continued its strong performance in the second quarter of 2024, thanks to government investment incentives that attracted international companies to establish regional headquarters. According to the latest Saudi commercial market report from Savills, over 120 international companies moved their regional headquarters to the kingdom's capital in the first quarter … Read more

Oil Updates – prices hover near lowest in 6 weeks

RIYADH: The office market in Riyadh continued its strong performance in the second quarter of 2024, thanks to government investment incentives that attracted international companies to establish regional headquarters. According to the latest Saudi commercial market report from Savills, over 120 international companies moved their regional headquarters to the kingdom's capital in the first quarter … Read more

Sofia Boutella unveils poster for ‘The Killer’s Game’

LONDON: “Shadow of Erdtree” is the highly anticipated expansion for the critically acclaimed game “Elden Ring”. The original game, released in 2022, swept many accolades upon its release and captivated players with its intricate world, challenging gameplay, and immersive lore. Within a week of its launch, the expansion has seen over 5 million players dive … Read more

Adidas apologizes to Bella Hadid after 1972 Olympics ad furor

LONDON: Adidas has apologized to supermodel Bella Hadid after pulling her from an advertising campaign that referenced the 1972 Munich Olympics, Sky News reported on Wednesday. Israel-linked pressure groups accused the campaign of causing offense because of Hadid's part-Palestinian background. At the 1972 games, 11 Israeli athletes and a German policeman were killed by the … Read more