Articles for category: Business

Layla Al-Khalifa

First local THAAD components produced by Saudi company and Lockheed Martin

JEDDAH: A Milestone Achievement in Saudi Defense Manufacturing In a groundbreaking meeting at Arabian International Company for Steel Structures (AIC) in Jeddah, key players in the defense industry celebrated a significant achievement. Lockheed Martin Missiles and Fire Control President Tim Cahill, General Authority for Military Industries (GAMI) Assistant Deputy Nawaf Albawardi, and AIC President Wasim ...

Layla Al-Khalifa

2025: Awwal Bank Voted Best in Saudi Arabia for 6th Time!

Saudi Awwal Bank Named Best Bank in Saudi Arabia for 2025 by Global Finance Magazine In a groundbreaking announcement, Saudi Awwal Bank (SAB) has been honored with the prestigious title of “Best Bank in Saudi Arabia for 2025” by the esteemed Global Finance magazine. This recognition serves as a shining beacon, showcasing SAB’s unparalleled leadership ...

Exclusive Nestlé Academy Alumni Event in Jeddah

Nestlé Academy Hosts Spectacular Event in Jeddah Nestlé Academy held a remarkable event in Jeddah on Thursday that brought together its alumni from various professional tracks — including Supply Chain, Sales, and Nutrition — alongside Nestlé employees and key partners from both the public and private sectors. The evening welcomed over 200 distinguished guests, including ...

Disney’s Mind-Blowing New Resort on Yas Island – Must See!

The Walt Disney Company Unveils Plans for Most Advanced Theme Park Resort Yet In a dazzling display of grandeur, Yas Island in Abu Dhabi was set ablaze on Wednesday night as The Walt Disney Company announced its groundbreaking plans for a state-of-the-art theme park resort, marking a monumental milestone with a global spectacle like no ...

Riyadh’s First Specialized Occupational Health Center Launched by Meena Health

Meena Health Revolutionizes Occupational Health in Riyadh Meena Health has officially unveiled the Meena Occupational Health Center in Riyadh — a groundbreaking facility that stands as the first of its kind in the capital, offering specialized healthcare services exclusively focused on occupational health and safety. This momentous launch signifies a significant stride in enhancing preventive ...

Exclusive: Bruno Wehbe reveals game-changing plan for Cenomi malls!

Cenomi Centers Strikes Exclusive Partnership with Unibail-Rodamco-Westfield In a groundbreaking move, Cenomi Centers, the premier developer and operator of lifestyle centers in Saudi Arabia, has forged an exclusive strategic partnership with Unibail-Rodamco-Westfield (URW), a global retail real estate powerhouse. The agreement, signed on May 4, 2025, spans 10 years and grants Cenomi Centers the exclusive ...

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 ...