INSEAD Day 4 - 728x90

Saudi Press Agency

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.
  • Mina, Saudi Arabia – Pilgrims were continuing with their religious rites on Friday, the third day of Eid Al-Adha, participating in the stoning ritual at the Jamarat facility. Upon completion of this ritual, the faithful were moving towards the Grand Holy Mosque for the farewell circumambulation. Bahrain’s Minister of Information,...
  • Saudi Crown Prince, Russian President discuss bilateral ties

    Riyadh, Saudi Arabia - Saudi Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz Al Saud discussed bilateral relations in a phone call  with Russian President Vladimir Putin  on Friday. The two leaders exchanged views on a number of issues of common concern, Saudi Press Agency reported.  The...
  • S&P, Moody’s revise Saudi Arabia’s outlook to ‘positive’

    Riyadh, Saudi Arabia -- The global credit rating agency S&P Global Ratings updated its credit report for Saudi Arabia, raising its long and short-term foreign and local currency sovereign credit ratings to 'A/A-1' with a stable outlook, the Saudi Press Agency (SPA) reported Friday. Moody's, a rival ratings agency, also stated that Saudi Arabia's plans will support it despite fluctuating oil prices and a global shift to renewable energy. Moody's also has changed the kingdom's...
  • Camel Club, ICO sign partnership to promote Saudi Camel Heritage

    The Camel Club will be participating in all events organized by the ICO in the kingdom as a local and international strategic partner.
  • Saudi, Turkish media leaders discuss cooperation

    The meeting discussed news exchange, news agencies, radio, Television, media regulation and international media relations.
  • Riyadh confirms commitment to ‘OPEC Plus’ deal with Russia

    Saudi Arabia confirmed its commitment to the OPEC+ agreement with Russia Sunday, the Saudi Press Agency reported, as Moscow faces international criticism over its invasion of Ukraine. Crown Prince Mohammed bin Salman made the comments during a conversation with French President Emmanuel Macron that also covered the situation in Ukraine...