Articles for category: Business

Layla Al-Khalifa

Virgin Atlantic’s Exciting One-Month London to Riyadh Direct Flight!

Virgin Atlantic’s Riyadh Route: A Game-Changer Connecting Global Capitals In just one month since its maiden voyage, Virgin Atlantic’s new daily route from London Heathrow to Riyadh is already causing a stir. This route is more than just a connection between two major cities—it’s a testament to premium service, strategic partnerships, and the growing demand ...

Layla Al-Khalifa

Awwal Bank’s 1Q25 Net Profit Surges by 5%!

Breaking Down the 1Q25 Financial Results of Saudi Awwal Bank Net Profit after Zakat and Income: In the first quarter of 2025, Saudi Awwal Bank (SAB) saw a net profit of SR2,135 million, a 5% increase from the previous year. Total Operating Income: SAB reported a total operating income of SR3,620 million, marking a 5% ...

Layla Al-Khalifa

Exclusive: Awwal Bank secures massive SR2B credit deal with Binladin Group for King Fahd Sports City in Riyadh

Saudi Awwal Bank Signs SR2 Billion Credit Facility Agreement with Saudi Binladin Group In a groundbreaking move, Saudi Awwal Bank (SAB), a powerhouse in the Saudi Arabian banking sector, has inked a monumental SR2 billion credit facility agreement with the prestigious Saudi Binladin Group. This subsidiary of Binladin International Holding Group will utilize the funds ...

Layla Al-Khalifa

World Food Festival: LuLu Hypermarket’s Tasty Treats & Amazing Giveaways

LuLu Hypermarket’s World Food Festival: A Culinary Extravaganza LuLu Hypermarket is currently hosting its much-anticipated “World Food Festival” across its branches in the Kingdom from April 27 to May 10, 2025. This exciting event features themed food experiences, vibrant displays, and interactive activities, celebrating a world of flavors and cultures under one roof. Get ready ...

Layla Al-Khalifa

Saudia Group’s Game-Changing Deal with Airbus Boosts Flyadeal’s Fleet

Breaking News: Saudia Group Inks Game-Changing Deal with Airbus for Flyadeal’s Inaugural Wide-Body Aircraft In a monumental move that is set to shake up the aviation industry, Saudia Group has officially signed a groundbreaking deal with Airbus for Flyadeal’s very first wide-body aircraft. This game-changing agreement marks a significant milestone for Flyadeal, the low-cost airline ...

Layla Al-Khalifa

Boeing planes returned to US by China due to tariff tensions

China Returns Planes Ordered from US in Retaliation Over Trump Tariffs In a bold move of retaliation against Trump’s tariffs, China has sent back planes it ordered from the US, as confirmed by Boeing’s CEO, Kelly Ortberg. Ortberg revealed that two planes have already been returned, with another one set to follow, amidst escalating trade ...

Layla Al-Khalifa

Unlock Your Dream Home with Bayut.sa’s Exciting Campaign!

Bayut.sa Launches Campaign in Saudi Arabia Under #Journey_to_your_Dream_Home Bayut.sa, the leading real estate marketing platform in the Middle East and North Africa and a subsidiary of Dubizzle Group, has kicked off its inaugural campaign in Saudi Arabia, titled #Journey_to_your_Dream_Home. The campaign is designed to showcase the platform’s cutting-edge features and its unparalleled property search experience. ...

Layla Al-Khalifa

Celebrate ‘2 Years 2gether’ with OMODA&JAECOO – Global Kickoff

OMODA&JAECOO: A Global Celebration of Innovation and Growth Two years ago, OMODA&JAECOO set sail from Shanghai, captivating the automotive world with its unique personality-driven DNA. Today, as the fastest-growing car brand globally, it returns to Shanghai in triumph, ready to unveil a new chapter of evolution and celebrate its 2-year anniversary. This marks a significant ...

Layla Al-Khalifa

SNB quarterly results soar to record SR6bn net income!

Saudi National Bank Achieves Record-Breaking Financial Results in Q1 2025 The Saudi National Bank (SNB), the largest bank in Saudi Arabia, has reported its highest-ever quarterly net income of SR6.0 billion for the first quarter of 2025. This represents a significant 19% year-on-year growth compared to Q1 2024. Exceptional Financial Performance Driven by Strategic Execution ...

Layla Al-Khalifa

Abdulrahman Al-Fageeh: Top 100 Arab Leaders of 2025!

Riyadh CEO Named Among Top 100 Arabs by Gulf Business Magazine RIYADH — Eng. Abdulrahman Al-Fageeh, CEO of SABIC, has been recognized as one of the most influential figures shaping the Arab world and beyond by Gulf Business magazine’s Top 100 Arabs 2025 list. Gulf Business highlighted Al-Fageeh as a dynamic leader, emphasizing his expanding ...