Under the patronage of the Deputy Governor of Medina Region
Medina, KSA – June 14, 2017: Under the Patronage of H.R.H. Prince Saud Bin Khalid Al-Faisal, Deputy Governor of Medina Region, the Chairman of the Islamic Development Bank (IsDB) Group, H.E Dr. Bandar bin Mohammed Hamza Hajjar and the Chairman of the Chamber of Commerce and Industry of Madinah H.E Mr. Munir Mohammed Nasser bin Saad signed a MoU for mutual cooperation and support the Chamber’s role in promoting the commercial and economic environment in the Medina region, and activating its participation in achieving the goals of the National Transition Program 2020 and the vision of Saudi Arabia 2030. The signing ceremony took place in the Office of H.R.H the Prince and was attended by the Chief Executive Officer of the International Islamic Trade Finance ......read more
Supporting access to energy through importing petroleum products and electricity are vital to economic growth and foster the socio-economic conditions in Mali.
Jeddah, May 21 2017: The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, signed a € 40 million Agreement with the Government of Mali, which was signed by Dr. Boubou Cisse, Minister of Economy and Finance Mali and Eng. Hani Salem Sonbol, Chief Executive Officer of ITFC. The signing ceremony was on the sidelines of the IDB Group’s 42nd Annual Meeting that took place in Jeddah, Saudi Arabia.
Mali is a non-oil producing Member Country which is also land-locked, where the import of petroleum products is vital and is a necessity for its economic growth. In addition, it supports other key industries such ......read more
In support of Saudi Vision 2030:
Agreements drive economic diversification in power, healthcare, oil and gas, mining and digital transformation of industry.
Riyadh, Kingdom of Saudi Arabia. May 21, 2017: Building on its more than 80 years of partnership and experience in the Kingdom, GE [NYSE: GE] has taken significant steps in supporting the delivery of Saudi Vision 2030, today announcing in partnership with the Kingdom a range of Memorandums of Understanding [MoU] and projects valued at $15 billion – of which almost $7 billion are GE technology and solutions – across multiple sectors and partners aimed at creating a truly diverse and sustainable economic platform.
Signed in the presence of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and President of the United States of America, ......read more
Jeddah – May 16, 2017 (Hilton – Al Qasr Hall): ITFC has organized a side-event during the IDB Group Private Sector Forum, in conjunction with the IDB Group 42nd Annual Meeting held in Jeddah-Saudi Arabia. Given the importance of this forum and the high profile audience that this event has attracted, ITFC has shown keenness to highlight its role, as an Islamic Trade Finance Institution, in contributing to the economic and social development of its member countries through trade finance and trade development. In addition, ITFC is seeking to use this opportunity to showcase its role in promoting the development of the Small & Medium-Sized ......read more
Riyadh, Kingdom of Saudi Arabia – 08 May 2017: Alawwal bank was named the 'Best Retail Bank' in Saudi Arabia 2017 at the Asian Bankers, International Finance Excellence Awards held at the Ritz Carlton in Dubai on 20 April.
The award recognises Alawwal bank's customer centric approach and focus on innovation in products, services and its digital channels.
"We are delighted and honoured to win this prestigious award. It's a wonderful recognition of the efforts that has gone in to developing and growing Alawwal bank's retail business over the past few years. Our focus on delivering products our customers wants in the way they want them is paying off" said Soren Nikolajsen, Managing Director at Alawwal bank.
Earlier this year Alawwal bank launched its first digital-only branch, ......read more
QNB Group CEO: Entry into the Saudi market is due to QNB’s competitive edge
Riyadh, 6th May 2017: QNB Group, the largest financial institution in the Middle East and Africa, has inaugurated its branch in Riyadh, Kingdom of Saudi Arabia (KSA). Senior bank officials and distinguished representatives from the banking and business sectors attended an inauguration ceremony held under the patronage and presence of H.E. Dr. Ahmed bin Abdul Karim Al-Khulaifi, Governor of the Saudi Arabian Monetary Authority (SAMA), H.E. Sheikh Abdullah Bin Saud Al Thani, Governor of Qatar Central Bank, Mr. Ali Ahmed Al-Kuwari, QNB Group CEO, and a number of Qatari diplomats.
Through its branch, located in the Saudi Capital of Riyadh, and its business hub extending along King Fahd road, QNB Group will provide a comprehensive suite of ......read more
Kingdom biggest spender in GCC for FM services
Saudi Arabia, May 03, 2017
The facilities management (FM) sector in the Kingdom of Saudi Arabia (KSA) remains a largely untapped market, an ‘emerging giant’ that offers huge growth opportunities for regional FM players looking to expand and innovate on their services in the Kingdom, highlighted experts from the Middle East Facilities Management Association (MEFMA) which held a workshop and networking event recently in Riyadh, which was sponsored by Advanced Facilities Management.
The MEFMA Report “FM in Saudi Arabia – an Emerging Giant” has revealed that the Kingdom continues to hold the largest share in Gulf FM spending, accounting for about 55 per cent of total expenditure. Although the KSA market is currently valued at USD 20 billion, it is still ......read more
Cross-border M&A made up 49% of all deal value and 35% of all deal volume in Q1 2017
North America was a safe haven for deals in Q1 2017
UAE dominates deal volume for cross-regional Middle East M&A
KSA leads by deal value for cross-regional Middle East M&A
Jeddah: Global cross-border M&A activity continued to dip as political turbulence and economic uncertainty become the new normal for dealmakers, whilst deal flow in the Middle East remained stable, according to Baker McKenzie's Cross-Border M&A Index*.
The global Index, which tracks quarterly deal activity using a baseline score of 100, decreased to 218 for Q1 2017, down 17% from the prior quarter and 9% from Q1 2016. In Q1 2017, cross-border M&A made up 49% of all deal value and 35% of all deal volume.
North America ......read more
Wadi.com, KSA’s fastest growing e-commerce platform, announces its latest and first of its kind partnership with KSA’s leading bank
Kingdom of Saudi Arabia, April 9, 2017 – Wadi.com, KSA’s home-grown online shopping marketplace, today announced a new strategic partnership with one of KSA’s most trusted banks, Al Rajhi Bank. This unique collaboration between the region’s fastest growing e-commerce platform and KSA’s largest islamic bank is a sign of the growing importance of e-commerce in the country.
The long term strategic partnership will include a series of exclusive offers over the coming months and commences with a generous welcome offer for all Al Rajhi customers. From 6th – 15th April, 2017, all Al Rajhi credit and prepaid card holders will receive 10 percent off on all ......read more
Dubai, UAE/Saudi Arabia, 9th April 2017 – Xylem Inc. (NYSE: XYL), a leading global water technology company, today announced the opening of a new office in Riyadh, Saudi Arabia. The new office is part of Xylem’s $35 million investment in the Middle East North Africa region, which includes additional resources to help provide localized products, services and capabilities in key markets throughout the region.
“The opening of our Saudi Arabia office is an important milestone for our regional investment and supports our long-term strategy of providing sustainable water technology solutions to help solve the region’s water challenges. The new office enables us to be closer to our customers and develop smarter, bespoke solutions that fit their unique needs, which also allows us to increase our capabilities.” ......read more
2nd meeting of the LLF Impact Committee in Riyadh approves major pipeline of $242.6 million in development projects for 2017
Representatives from Saudi Arabia, Qatar, UAE, the Bill & Melinda Gates Foundation, the Islamic Solidarity Fund for Development, and the Islamic Development Bank agree on project pipeline to lift poorest OIC countries out of poverty
Projects approved in Tajikistan, Sudan, Djibouti, Niger, Mauritania, Cameroon, Uganda, and Guinea
LLF is the largest multilateral development initiative in the Middle East and North Africa – releasing $2.5 billion in finance over five years
Riyadh, 02 April 2017: Representatives from the Kingdom of Saudi Arabia, the State of Qatar, the United Arab Emirates, the Bill & Melinda Gates Foundation, the Islamic Solidarity Fund for Development, and the Islamic ......read more
Event will gather together CEOs, CMOs, Presidents and VPs from across the region and beyond
Riyadh KSA, April 1 2017: For the first time, Saudi Arabia will host the ‘Top CEO Conference and Awards’ – an event which will see CEOs, CMOs, Presidents and VPs from across the Arabian Gulf region and beyond gather together on 10th and 11th April 2017 at Bay La Sun Hotel & Marina, King Abdullah Economic City.
The annual event, now in its third edition, serves to address the burning issues facing the corporate world today while also recognising the very best in GCC business leadership. It is organised by TRENDS magazine and INSEAD – the leading international business school – and will take place under the theme ‘Adapting to Disruption: New Roles, New Realities’, to reflect the ......read more
Next-generation technology allows customers to benefit from faster, more advanced services
Dubai, UAE, March 30, 2017: Accenture (NYSE: ACN), the global professional services company, has successfully completed the core system replacement of the retail banking operations at the National Commercial Bank (NCB). The highly complex project which took approximately two years to complete, was part of NCB’s NextGen program, which was also undertaken with Accenture.
The implementation of the project marks significant successes and achievements across various fields within the business. The improved platform provides clients with a distinct banking experience, enriched with additional features and a 50 percent reduction in turnaround time for key processes.
The platform, which will be deployed across NCB’s ......read more
Dubai, UAE, March 29, 2017: Amazon (AMZN) today announced that it has reached an agreement to acquire SOUQ.com, an e-commerce leader in the Middle East. Joining the Amazon family will enable SOUQ.com to continue growing while working with Amazon to bring even more products and offerings to customers worldwide.
“Amazon’s entry into the region reflects the visionary foresight of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, who launched Dubai Internet City in 1999 and adopted the e-commerce and online business legislation of 2002," said His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. "Furthermore, it reiterates Dubai’s position as a regional and global hub for the world’s biggest and leading ......read more
ITFC and ATTIJARIWAFA BANK (AWB) to strengthen partnership by signing a letter of intent for supporting trade between Arab and African countries
ITFC and ATTIJARIWAFA BANK (AWB) sign a Letter of Intent within the Framework of the Arab Africa Trade Bridges (AATB) Program for supporting trade between Arab and African countries during the 5th International Africa Development Forum
Casablanca, March 19, 2017: The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IDB) Group and Attijariwafa Bank Group (AWB) sign a cooperation framework to support trade development between Arab and African countries. The signing took place at the occasion of of the 5th International African Development Forum in Casablanca, Kingdom of Morocco, between Eng. Hani Salem Sonbol, CEO ITFC and Mr. ......read more
Government Leaders and Senior Bankers will Review Progress of National Transformation Programme and Opportunities for Businesses
Riyadh, Kingdom of Saudi Arabia, March 14, 2017: One year on from the official announcement of the “Saudi Vision 2030” to diversify the economy and reduce the Kingdom’s reliance on oil, The Euromoney Saudi Arabia Conference is set to return to Riyadh to analyse progress made to date.
The major conference will bring senior government representatives and leading financiers together to discuss a broad range of strategic issues, including the economic outlook for 2017, the progress of a number of mega-projects and the challenges and opportunities being created by Saudisation.
There will also be special sessions covering the Kingdom’s bond issuance programme, the ......read more
The leading business support service provider for corporate entities in Saudi Arabia
Providing turn key solutions for companies working within or looking to set up in the Kingdom of Saudi Arabia
Specialising in range of services from corporate immigration to company representation and employee outsourcing
Dubai, 14 February 2017: Founded in 2009, Proven delivers business solutions to companies currently operating in or looking to branch out into the KSA. Proven are specialists in corporate immigration, employee outsourcing and recruitment, providing international companies with advanced regional insights and the necessary tools to successfully do business within the Kingdoms burgeoning markets. Due to an increase in international interest, Proven expanded out of Saudi in 2016, and now holds offices in ......read more
Jeddah, KSA, February 13, 2017: Baker McKenzie advised a consortium led by Arab Bank Chairman Sabih al Masri, in acquiring a 20% stake in Arab Bank Group from Oger Middle East Holdings.
A consortium of investors bought a 20 percent stake in Arab Bank Group for $1.12 billion. These were led by Arab Bank Chairman Sabih al Masri, a businessman with stakes in other banks and the hotel industry, and owner of ASTRA, a diversified group of companies he founded with investments in a wide range of sectors that has 6,000 employees in 11 countries.
Arab Bank, headquartered in Jordan, is one of the Arab world's largest privately owned banks and operates in 30 countries. The bank has assets of more than $46 billion, with 600 branches on five continents. It owns 40 percent of Saudi Arabia's Arab National Bank ......read more
February 06, 2017 - Cognizant (NASDAQ: CTSH) announced that it has been selected by Riyadh International Catering Corporation (RICC) as a strategic partner to enable McDonald’s restaurant chain in the Kingdom of Saudi Arabia (KSA) to become a digital enterprise, transforming customer experience and service agility.
RICC owns and operates McDonald’s in the Central, Eastern and Northern regions of the Kingdom under developmental license from McDonald’s Corporation of Delaware, US. RICC has 154 quick-service restaurants and plans to expand its footprint to more than 200 outlets by 2020. To help RICC meet the demands of rapid business growth, Cognizant will leverage its deep digital business, technology and restaurant industry expertise to design and build an enterprise planning and management platform.
Using ......read more
STC moves up the ranks to assume the position of most valuable brand in The Middle East
Emirates retains most valuable brand position in the UAE
Etisalat rises 113 places with 45% increase in brand value
Qatar National Bank enters the list for the first time with 56% increase in brand value
Apple falls from world’s most valuable brand after 5 years at the summit
Dubai, UAE, February 2, 2017: Saudi Telecom Co. (STC), the kingdom’s biggest operator, is the Arab world’s most valuable brand, while Emirates, the world’s largest airline, continues to be most valuable brand in the United Arab Emirates (UAE), according to Brand Finance’s Global 500. The Global 500, an annual ranking from the leading valuation and strategy consultancy, ranks brands by monetary value and also calculates the most ......read more
KSA, 18 January, 2017: Greater private sector engagement in education reform in the Kingdom of Saudi Arabia is expected in coming years as the country proceeds with its Vision 2030 and National Transformation Program (NTP), which set out ambitious targets for economic development and greater fiscal balance. Reform of the education sector is integral to Vision 2030 as a means to improve employment opportunities for young Saudis, and the Saudi government has allotted an additional budget that is recognized in the Vision 2030 budgets in order to support the reform process. As a strategic partner for the “Investment & Finance in Educational Buildings” Conference in Riyadh, Deloitte shared its wide-ranging regional and global experience on public-private sector initiatives and education reform during the two-day ......read more
Dubai, UAE, December 15, 2016: Deutsche Bank’s 2017 Market Outlook conference, titled “Global and Regional Investment Perspectives 2017”, the third event of its kind for Deutsche Bank in Saudi Arabia, opened yesterday at the Park Hyatt Hotel in Jeddah-Marina. The single day (December 13) conference explored pressing macro issues affecting economies, capital markets, companies, family offices and individual investors around the Middle East & North Africa (“MENA”) region and beyond.
More than 100 conference delegates heard leading Deutsche Bank strategists and economists present on a range of topics including the global and Middle Eastern economies, equity markets, foreign exchange and alternative investments in European real estate.
Deutsche Bank’s Head of Wealth Management in ......read more
KSA, December 12, 2016: Al Habtoor continued its KSA expansion plan with the opening of Riyadh’s biggest truck servicing operation, by inviting 200 of KSA’s largest Truck Operators to view the world class facility and meet the AL Habtoor Saudi Arabia management team.
The open event was held on Wednesday, 22nd Safar 1438 AH, corresponding 23rd November, 2016. The 9,000m2 facility is dedicated to the rapidly growing FUSO truck brand, a division of Daimler Trucks. It has 20 fully air conditioned truck working bays plus a Parts department holding 7,500 lines and 220,000 individual parts
The investment is dedicated to Al Habtoor Motors promise of a one stop solution for all truck operators, including body fabrication, routine maintenance and truck accident repair giving the lowest possible vehicle ......read more
(Jeddah, 15th November 2016) - The only premier initiative for Trade Finance Development in the Kingdom will open its doors today at Le Meridien – Jeddah with the official endorsement of Jeddah chamber. With Saudi Arabia going through a major transformation and the National Transformation Plan attracting the public interest and inspiring private sector to contribute to the diversification of the Nation’s economy, the summit is designed to discuss the future of Kingdom’s trade developments.
Under the theme “Shaping the Kingdom’s Economy: A bright future unfolds, the 4th annual Saudi Trade Finance Summit is bringing together government regulatory authorities, finance professionals from leading corporates along with top financial institutions and technology solution providers to discuss current ......read more
The UAE and KSA secured 10th and 11th place from 22 countries assessed in terms of opportunity for ‘significant premium growth’ and 6th and 7th place respectively in terms of ‘least amount of risk’
Premiums in the UAE are projected to grow by 12% CAGR to 2020
Premiums in the KSA are projected to grow by 9% CAGR to 2020
Rise of internet and mobile technologies to speed the adoption of new insurance products
New law requiring compulsory health insurance for all Dubai residents remains a key driver for the UAE insurance industry
Dubai, UAE, October 30, 2016: EY and Oxford Economics recently developed the ‘Emerging Markets Matter’ report to highlight the potential for insurance growth in 22 countries around the globe. EY created a risk opportunity matrix to illustrate the most ......read more
May 09, 2017- Dhofar Global, a leading supplier of hygiene products in the Middle East, has marked its 10th anniversary with a celebration of its decade-long accomplishments and the unveiling of a more ambitious expansion plan to fully cement its market footprint across the region. The company recently hosted an event for their suppliers, clients and employees at the Westin Dubai Mina Seyahi ......read more
Ajman, April 27, 2017- In line with its commitment to promote the competitiveness of Ajman's real estate segment, the Department of Land and Real Estate Regulation in Ajman has concluded its successful participation at this year's edition of the Riyadh Real Estate & Urban Development Exhibition 2017 (Restatex Riyadh 2017), the largest annual Real Estate event of its kind in the ......read more
April 27, 2017– Genetec Inc. (“Genetec”), a leading provider of open architecture security and public safety solutions, will be highlighting solutions that can help address the challenges presented by the changing nature of cyber threats and hazards in the Middle East region during its participation at the first Intersec KSA, the Saudi edition of the biggest trade fair for ......read more
Damman, KSA –April 06, 2017: Gulf Lifting Financial Leasing Company (GLFL), a subsidiary of Kanoo Group of Companies, recently implemented 3i Infotech's Kastle® Universal Lending Solution (Kastle® ULS) and integrated financial suite to streamline its business processes as well as automate the end to end operations right from origination to collection.
The application tackled ......read more
January 17, 2017: As part of its ‘Digital Future Tour’, Software AG recently held its marquee event, the ‘Digital Business Day,’ in Riyadh, Saudi Arabia in association with the Kingdom’s National Information Center (NIC). Executives from leading Saudi organizations gathered for the one-day event to learn how to effectively harness the power of cutting-edge ......read more
December 06, 2016 - Cognizant (NASDAQ: CTSH), a leading global provider of information technology, consulting and business process services, today announced the expansion of its operations in the Kingdom of Saudi Arabia (KSA) with the opening of a new office in Riyadh.
Cognizant’s expanded presence in KSA will enhance its existing operations in the Middle East and further enable ......read more
Zara, Virgin, Eataly and PAUL dominated the 6th edition of the of the renowned RetailME Awards in Dubai
Dubai, UAE, October 20, 2016: Azadea Group, the premier lifestyle retail company that owns and operates more than 50 leading international franchise concepts across the Middle East and Africa, has announced winning 6 awards through its prominent brands at the ......read more
“Fulfilled by SOUQ” and “SOUQ Selling Center” especially designed to support Sellers to grow their businesses and provide exceptional shopping experiences to the customers
Dubai, UAE, October 12, 2016: SOUQ.com, the largest online and marketplace platform in the Middle East hosted a highly engaging event to enable and empower sellers and ......read more
October 05, 2016 - Demonstrating its commitment towards the highest standards in quality, technology and hygiene, Dhofar Global, a leading supplier of hygiene care products in the Middle East, has signed a strategic partnership with ffuussTM, a hand dryer manufacturer and part of Spain-based OTS Group. The contract awards Dhofar Global the exclusive distributorship of ffuussTM air dryers in ......read more
MECSC’s Next Generation Events – connecting retail professionals across the Middle East
Dubai, UAE, October 4, 2016: The Middle East Council of Shopping Centres and the International Council of Shopping Centers gear up to host the much awaited Next Generation Networking Reception at Park Hyatt Hotel in Jeddah, KSA on Monday 10th of October from 6:30pm till ......read more
Third Annual Investment Conference to be held 5-6 October
McKinsey & Co to present key findings from the new‘Lions on the move II’ report
HE Sheikh Nahyan bin Mubarak Al Nahyan to attend as guest of honour
Dubai, UAE, October 4, 2016: Close to 400 business leaders and government representatives will meet in Dubai next week to discuss foreign investment ......read more
UAE, October 2, 2016 - The Arab Region’s most talked about CSR Forum will be happening on October 19, 2016 in Dubai. Taking place annually for the past six years, the forum has become known all over the Region and even beyond as a platform that promotes latest thinking and current philosophies around CSR and sustainability.
This year too, the forum will present fresh thinking and ......read more
EXTON, Pa., U.S.A.– July 13, 2016 – Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced a new Global Framework Agreement with Shell. The agreement serves to improve Shell’s capital project construction execution through automated 4D/5D construction management solutions provided by Bentley as a ......read more
UAE, June 29, 2016– The Arab-Brazilian Chamber of Commerce (ABCC) has revealed that major importers of pharmaceutical products from the UAE and the Kingdom of Saudi Arabia held fruitful discussions with Brazilian pharmaceutical manufacturers during a business matchmaking event in São Paulo -- a strategic meeting that could help further boost the two Arab countries’ trade ties ......read more
UAE ranked 7th in A.T. Kearney’s 2016 Global Retail Development Index (GRDI)
Saudi Arabia closely followed the UAE, ranked 8th
The GRDI evaluates the global markets offering retailers prime opportunities for growth
Dubai, UAE, 7 June 2016: The UAE was named as a leading global retail market in A.T. Kearney’s 2016 Global Retail Development Index (GRDI), titled ......read more
Vision 2030 and public investment fund reform could be a unique opportunity to reduce oil dependence and contribute to global effort for carbon emissions reduction, says London Business School expert
Dubai, UAE, 25 May 2016 – A successful restructure of the Saudi Arabian Public Investment Fund (PIF) would represent a great opportunity for Saudi Arabia to have a positive impact not only ......read more
UAE, May 23, 2016–Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, commemorates the 50thAnniversary of its establishment. To mark the occasion and in line with the wise directions and vision of the UAE’s leadership to consolidate the country’s prominent position in the region and the world, the company is poised to establish new ......read more
Pearl Initiative collaborates with Siemens Integrity Initiative and SABIC to host interactive workshops highlighting necessity for compliance and ethics
Majority of participating business leaders believe that the Saudi private sector will significantly advance corporate accountability practices within next five years
Riyadh-KSA: 17 May 2016 - Companies in Saudi Arabia are ......read more
Award launched in collaboration with the Saudi Society for Environmental Sciences - King Abdulaziz University sees participation from over 120 students across the Kingdom
Jeddah, Saudi Arabia, May 11, 2016: Binzagr Unilever Limited, the Saudi Arabian arm of one of the world’s leading FMCG companies, has announced the winners of its Environmental Research Award, an initiative that ......read more
Industry research reveals increased cyber-security threats in GCC
MENA compliance programs demand a balance of technology with human intervention
More regional countries will engage with risk national assessments in 2016
Compliance knowledge is about the right people not only the systems in place
Riyadh, Saudi Arabia: May 10, 2016 - Thomson Reuters, the world's leading source of ......read more
S&P Global conference to be held in Saudi Arabian capital for the first time
Forum to discuss ‘Economic Sustainability Through Strengthened Financial Markets’
Symposium takes place amid plans for sweeping economic reforms in Saudi Arabia
Dubai, UAE, May 9, 2016: S&P Global (formerly McGraw Hill Financial) will host its sixth annual Financial Leaders’ ......read more
Special Panel on Digital Ecosystem Planned for Euromoney Saudi Arabia Conference
Doha, Qatar: The Kingdom of Saudi Arabia’s financial sector is likely to encounter significant disruption from new financial technologies in the coming years, but could emerge stronger and more streamlined, according to experts gathering for the Euromoney Saudi Arabia Conference this May.
Financial ......read more
18 January, 2015 – Jubail, Saudi Arabia: Following the successful start-up of the first Solution Polyethylene facility in the Middle East in December, Sadara Chemical Company (Sadara) is well on track to set new paradigms in both Saudi Arabia’s and the region’s downstream industry.
The company, which sponsored and participated in the GPCA PlastiCon 2016 under the theme ......read more
14 December, 2015 – Jubail, Saudi Arabia: Sadara Chemical Company (Sadara), the world’s largest chemical complex ever built in a single phase, has successfully started up its first production plant, moving on schedule from the construction to the operational phase.
Sadara’s first product – Linear Low Density Polyethylene (LLDPE) – was produced in the ......read more
UAE, December 8, 2015 – Brazil and Saudi Arabia signed recently a Memorandum of Agreement (MoA) to open the Middle East to Brazilian beef exports, effectively drawing to a close a ban that has been in force for almost three years. The initiative was commemorated by a sanitary certificate handed by Brazil’s Minister of Agriculture Kátia Abreu, who represented the interests of ......read more