Articles for author: Layla Al-Khalifa

First full-scale lubricant additive complex coming to Saudi Arabia

Revolutionizing the Lubricant Industry: Farabi Downstream Petrochemical Company Signs MoU with Xinxiang Richful Lube Additive Co., Ltd In a groundbreaking partnership under the patronage of the Ministry of Energy (MoE), Farabi Downstream Petrochemical Company, a FARABI Investment group company, inked a Memorandum of Understanding (MoU) on Feb. 26, 2025 with Xinxiang Richful Lube Additive Co., ...

Breaking News: Arcapita Acquires Trustpoint in US Expansion!

Arcapita Group Holdings Limited Acquires Majority Stake in Trustpoint.One In a bold move, Arcapita Group Holdings Limited has announced the successful completion of the acquisition of a majority stake in Trustpoint.One. This leading provider of tech-enabled legal services to law firms and corporate clients in the United States is headquartered in Atlanta, Georgia. Valued at ...

Attenborough’s Most Powerful Message at 99!

Sir David Attenborough’s Groundbreaking Film “Ocean” Aims to Save Biodiversity LONDON — Prepare to be amazed as Sir David Attenborough, nearing his 100th year, unveils what he deems one of his most crucial works yet: the cinema-length film, Ocean. In his own words, the iconic broadcaster asserts that Ocean could be the key to preserving ...

Breaking News: Rihanna Pregnant with Third Child! 🤰🔥

Rihanna Confirms Pregnancy at Met Gala In a stunning announcement at fashion’s most prestigious event, the Met Gala in New York, singer Rihanna has revealed that she is expecting her third child. The 37-year-old songstress proudly displayed her baby bump on the red carpet, which was adorned with navy and daffodil decorations, while flashing a ...

Flynas IPO: 30% stake to hit Saudi Exchange soon

Flynas Takes Flight with IPO Plans: 30% Stake to be Listed on Saudi Exchange In a bold move that is set to shake up the aviation industry, Flynas has announced its plans to go public with an initial public offering (IPO). The Saudi-based airline revealed that it will be offering a 30% stake in the ...

Revolutionary Partnership Shapes Future of Retail Real Estate in KSA

Revolutionizing the Retail Landscape: Cenomi Centers and URW Join Forces A game-changing strategic and franchising partnership has been unveiled between Cenomi Centers, the powerhouse mall developer in Saudi Arabia, and Unibail-Rodamco-Westfield (URW), the renowned owner, developer, and operator of top-tier Westfield destinations in Europe and the US. Inking a 10-year deal with a possibility of ...

Shocking Loss: SABIC’s Q1 2025 Financials Revealed

SABIC’s Shocking Loss: SR12 Billion in Q1 of 2025 In a dramatic turn of events, Saudi Basic Industries Corporation (SABIC) has reported a staggering loss of SR12 billion in the first quarter of 2025. This unexpected financial blow has sent shockwaves through the industry and raised concerns about the company’s future. The news comes as ...

Empowering Saudi Women: L’Oréal Summit in Jeddah drives sustainable growth

L’Oréal Saudi Arabia Empowers Saudi Women and Advances Sustainability in Beauty Industry The beauty industry in Saudi Arabia is undergoing a transformative shift, thanks to the efforts of L’Oréal Saudi Arabia. On April 24, the company inaugurated its groundbreaking L’Oréal for the Future Summit in Jeddah, reaffirming its commitment to empowering Saudi women and advancing ...