KSA

  • JLL MENA announces new Country Head for Saudi Arabia

    JLL, the world's leading real estate investment and advisory firm, has announced the appointment of Eng. Ibrahim Albuloushi  as its new National Director and Country Head for Saudi Arabia.

  • JLL Signs MoU with Makkah Chamber of Commerce & Industry to support greater real estate market transparency

    JLL, the world's leading real estate investment and advisory firm, signed a Memorandum of Understanding (MoU) with the Makkah Chamber of Commerce & Industry that will help improve transparency in the Saudi real estate market. As an independent consultant, JLL will collaborate with key stakeholders to collect, consolidate and share accurate data in order to provide clarity to large scale developments, infrastructure projects, current planned expansions and projects under development.

  • JLL Signs MoU with the Saudi Eastern Province Chamber of Commerce & Industry to improve transparency in the Saudi real estate market

    JLL, the world's leading real estate investment and advisory firm, today signed a Memorandum of Understanding (MoU) with the Saudi Eastern Province Chamber of Commerce & Industry to improve transparency in the region’s residential, retail, office and hospitality real estate market. As an independent consultant, JLL will assist the Damman-based Chamber to improve the quality and accuracy of data being collected and shared in the market by collaborating directly with major retailers, developers, hoteliers and Government bodies amongst others.

  • KAUST-based Startup NOMADD Closes $1M Investment Round with KAUST Innovation Fund

    KAUST-based startup NOMADD (NO-water Mechanical Automated Dusting Device) recently closed a Series A funding round from the KAUST (King Abdullah University of Science and Technology) Innovation Fund totaling USD 1,000,000. NOMADD is a smart and ecological desert solar panel cleaning system developed at KAUST by Georg Eitelhuber, NOMADD's founder and current chief technology officer.

  • KAUST-based Startup NOMADD Closes $1M Investment Round with KAUST Innovation Fund

    KAUST-based startup NOMADD (NO-water Mechanical Automated Dusting Device) recently closed a Series A funding round from the KAUST (King Abdullah University of Science and Technology) Innovation Fund totaling USD 1,000,000. NOMADD is a smart and ecological desert solar panel cleaning system developed at KAUST by Georg Eitelhuber, NOMADD's founder and current chief technology officer.

  • Key Highlights From The 2019 AboutHer Global Forum In Washington D.C.

    On the 16th of April, the prestigious George Washington University in Washington D.C., USA saw visitors enter its premises to attend the newest forum dedicated to honoring the journey and accomplishments of Saudi Arabian women. The inaugural edition of The AboutHer Global Forum (AGF) entitled “Saudi Women On The Road To Vision 2030” comprised a series of talks designed to highlight leading Saudi women from various sectors at the forefront of the country’s advancement and progress, specifically focusing on their efforts within the Kingdom and beyond in ensuring Saudi Arabia’s successful transformation by the year 2030.

  • Key Insights on Trade Finance Development Discussed atthe Saudi Trade Finance Summit

    For the 5th consecutive year, Dubai-based QnA International hosted the Saudi Trade Finance Summit (STF) from November 14-15 at the Movenpick Hotel, Al Khobar. The exclusive, invitation-only Summit facilitated discussions and debate on the continued growth and evolution of global trade, including the demand for innovative products and solutions.

  • Khaled Nabil promoted to Executive Assistant Manager i/c Sales and Marketing

    M Hotel Makkah by Millennium, a 5-star hotel located at the heart of the holy city of Makkah, is extremely pleased to announce the promotion of Mr. Khaled Nabil to Executive Assistant Manager i/c Sales and Marketing on May 5th, 2019.

  • Khalid Al Araj, the minister of civil services inaugurates third edition of Saudi Health today

    Under the patronage of H.E. Eng. Khalid bin Abdulaziz Al-Falih, the Minister of Health, Kingdom of Saudi Arabia (KSA), and on behalf of H.E, the minister of civil services, Mr. Khalid Al Araj, inaugurated (Monday, May 18, 2015) the Saudi Health 2015, the country’s largest healthcare event, in the presence of senior government officials, important delegates, and industry professionals. The event, which runs until May 20, 2015 at the Riyadh International Convention and Exhibition, will showcase a wide range of innovative healthcare solutions by over 350 exhibitors in an exhibition area of more than 8,000 sqm.

  • KHC acquires 7% stake in Careem for $62M

    Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, acquired a 7% stake in Careem through a Secondary Share purchase as well as participating in the latest Primary Round E-1 Capital Raise amounting to a total transaction value of $62M. The transaction makes KHC one of the largest holders of Preferred Shares in Careem and will grant KHC a board seat on Careem's board of directors.

  • King Fahd Security College and University of New Haven Sign Collaboration Agreement to Promote Security Studies

    Under the patronage of His Royal Highness Prince Mohammed bin Naif bin Abdulaziz Al-Saud, Crown Prince, Deputy Prime Minister, and Minister of the Interior of the Kingdom of Saudi Arabia, during the King Fahd Security College Annual Commencement, General Director of King Fahd Security College, General Major Saad Abdullah Alkhelawi, and University of New Haven (UNH) President Steven H. Kaplan signed an agreement this week to collaborate in the development of a new four-year baccalaureate degree program in security studies. The program will be delivered at King Fahd Security College (KFSC) in Riyadh, the capital of Saudi Arabia.

  • King Faisal International Prize 2017 Awarded across Five Categories in Saudi Arabia

    The King Faisal Foundation, an international philanthropic organization based in Saudi Arabia since 1976 with the mission of preserving and perpetuating the legacy of King Faisal bin Abdulaziz Al Saud, has announced the winners of its much-anticipated King Faisal International Prize (KFIP) 2017.

  • King Faisal International Prize to honour 39th session winners on Tuesday

    Winners of the 39th King Faisal International Prize will start arriving in Riyadh today (Monday) as the King Faisal Foundation and King Faisal International Prize make the final preparations for the award ceremony to be held at the Al-Faisaliah Hotel on Tuesday 4th of April 2017.

  • Kingdom of Saudi Arabia emerges as leading exporter of agriculture & dairy products

    The Kingdom of Saudi Arabia (KSA) has witnessed remarkable agricultural development over the last three decades, successfully turning large areas of desert into agricultural fields. It is a major accomplishment for an arid country that receives the world’s lowest rainfall of about four inches a year. Currently, the KSA is a leading exporter of a variety of agricultural products including organice products and olives and oil as well as the dairy products, eggs, fish, poultry, fruits, vegetables, and flowers to the markets around the world.

  • Kingdom to Become Regional MICE Leader by 2020

    Backed by a growing number of modern facilities and government support, Makkah is set to become a new destination for the MICE tourism industry in Saudi Arabia, according to industry experts.

  • KSA construction sector to grow 7.8 per cent by 2019 driven by demand for social & utility infrastructure

    The Kingdom of Saudi Arabia’s (KSA) construction sector continues its upward trajectory and maintains its position as the Middle East’s largest construction market with SR. 11.25 trillion worth of planned projects to commence by 2020. An expanding population of young citizens, growth in religious tourism, and demand for better infrastructure in sectors such as housing, healthcare, education and transport will continue to fuel an industry forecasted to grow 7.8 per cent between 2015 and 2019.

  • KSA emerges as Middle East’s largest construction market

    The Kingdom of Saudi Arabia’s (KSA) construction industry is expected to continue its growth in the next few years with the value of projects planned and under way estimated to be over SAR 3.75 trillion. This encompasses several sectors, including transport, infrastructure, utilities, education and healthcare, reflecting the prioritization of upgrades to local roads, rail, port and airports along with other facilities in order to attract private investment. To complement the growth and development across the KSA, the government has made its largest allocation for the 2015 budget toward the transport and infrastructure sector of SAR 630 billion.

  • KSA extends financial aid & facilities for farmers’ agricultural projects

    The Kingdom of Saudi Arabia (KSA) has given tremendous importance to its agricultural sector, providing material support as well as extending financial aid to farmers to assist them in carrying out their projects through the Agricultural Development Fund. The fund has been critical to the development of the agricultural sector and the creation of environmental conditions conducive to agricultural work which have helped drive the growth and modernization of the country. For its agricultural successes, the KSA has emerged as a leading example for scholars, researchers and policy makers.

  • KSA Government announces regulations for White land Tax

    The Council of Ministers met in Jeddah on Monday and approved a number of regulations for the introduction of the White Land Tax. Important features of these regulations include:

  • KSA holds investments opportunities for construction sector

    The Kingdom of Saudi Arabia’s (KSA) construction industry is expected to continue its growth for the next few years, fuelled by massive construction projects, particularly around social and transport infrastructure that offer multi-billion-Saudi Riyals opportunities to contractors and investors. The local market is set to witness a pick-up in project activity supported by increasing private and public investments, boosting the projects’ numbers and values. Currently, the KSA’s general real estate sector is valued at SAR 2250 billion, while infrastructure amounts to SAR 1312.25 billion and on-going projects represent 82.4 per cent of total construction activity, showing the continuous development and growth.