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., ...
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 ...
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 ...
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 ...
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 ...
Dar Wa Emaar Unveils Saraya Al Sharq Residential Development in Dammam The renowned Dar Wa Emaar Real Estate Investment & Development Company has teamed up with the NHC to introduce their latest residential project, Saraya Al Sharq, in Al-Wajeha destination, Dammam. With a staggering investment of SR750 million, this development is a testament to the ...
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 ...
Revolutionary Parkinson’s Treatment at King’s College Hospital Dubai In a groundbreaking development, King’s College Hospital London in Dubai has brought new hope to Parkinson’s patients by successfully performing subcutaneous levodopa (fos-levodopa) pump therapy on the youngest Parkinson’s patient in the UAE and the MENA region. A Breakthrough in Parkinson’s Care At the tender age of ...
Bayut Expands Operations in Saudi Arabia with the Launch of Bayut Workshops Bayut, a trailblazer in the real estate industry, has been making waves across the region since its inception in the UAE back in 2008. In early 2024, Bayut made its mark in Saudi Arabia, leaving a significant impact on the market and revolutionizing ...
Saudi Awwal Bank Unveils Cutting-Edge Innovation Centre Saudi Awwal Bank (SAB), a powerhouse in the financial sector of the Kingdom of Saudi Arabia, made waves with the grand opening of its Innovation Centre on Thursday, May 1. This state-of-the-art facility is set to revolutionize the landscape of Financial Services Innovation in the region. The Hub ...
Layla Al-Khalifa
Layla Al-Khalifa
Layla Al-Khalifa