Category Archives: Economic News

Bahri, a global leader in transportation and logistics and Bolloré Group, a global player in international freight forwarding and logistics celebrated yesterday the official inauguration of BahriBolloré Logistics, the companies’ joint venture. Bahri owns a 60-percent stake in the joint … Continue reading →

flyadeal, the Kingdom of Saudi Arabia’s new Low Fare Airline opened for sale with a breathtaking launch promotion in support of its first flight on National Day 2017. All seats on the two special flights that will be operated on … Continue reading →

In recognition of the company’s commitment to the quality and standards, RAFAL Real Estate development company recently received ISO ISO9001:2015 certificate for quality management system by Bureau Veritas after successfully completing inspection. This accomplishment comes in line with RAFAL’s strategy … Continue reading →

Bahri, a global leader in transportation and logistics, has announced the signing of an agreement with King Abdulaziz University (KAU) to provide training opportunities to KAU’s Marine Sciences graduates on board its vessels. Bahri will offer intensive practical training for students … Continue reading →

Dussur (formerly operating under the name Saudi Arabian Industrial Investments Company) and GE (NYSE: GE) have signed a joint venture agreement worth more than SR1 billion ($267 million). This announcement follows the summit held earlier this week between King Salman … Continue reading →

Today, V-LINE EUROPE GmbH, a global leader in industrial supply chain solutions, announces the establishment of V-LINE MIDDLE EAST in the Kingdom of Saudi Arabia with a full trading license. The initial investment of nearly 27 million SAR will contribute … Continue reading →

H.E. Dr. Ahmed Abdulkarim Al Kholifey, Governor of the Saudi Arabian Monetary Authority (SAMA), inaugurates the “Second Insurance Career Day” today, 24 May 2017, at The Institute of Finance in Riyadh, which will be held for two days from 24 … Continue reading →

The all-new Renault Megane, the latest from the French renowned automaker, was unveiled in the Kingdom of Saudi Arabia in a ceremony held in honor of company senior officials from Renault, Gulf Advantage Automobiles (GAA) and esteemed members of the … Continue reading →

      PRESS KIT  Contents                                                                     … Continue reading →

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 … Continue reading →