Articles for category: Business

Layla Al-Khalifa

SAMA reveals Samsung Pay launch in Saudi Arabia by Q4 2024!

Saudi Central Bank Collaborates with Samsung to Launch Samsung Pay in Saudi Arabia In an exciting development, the Saudi Central Bank (SAMA) has announced a groundbreaking agreement with tech giant Samsung to introduce Samsung Pay to the Saudi Arabian market in the fourth quarter of 2024. The official signing of the agreement took place at ...

Layla Al-Khalifa

Luxury Storm Incoming: Off-Road First Class JAECOO J8

OMODA & JAECOO Prepare to Debut JAECOO J8 in Saudi Arabia Buckle up, folks! OMODA & JAECOO have just announced that the highly anticipated JAECOO J8 will soon make its grand entrance into Saudi Arabia. Get ready to witness the start of its luxurious journey in the Kingdom! This beast of a vehicle first wowed ...

Layla Al-Khalifa

Big bucks deal paves the way for Ezdaher’s expansion in Saudi

AVANA Companies Announces $250 Million AVANA-Oaktree Private Credit Partnership AVANA Companies (AVANA), a global leader in hotel and hospitality SME funding with a presence in the USA, Bahrain, and Saudi Arabia (KSA), has unveiled the formation of a new $250 million AVANA-Oaktree Private Credit Partnership (“AOPCP”) for its direct private commercial real estate funding strategy. ...

Layla Al-Khalifa

Unbelievable QD-Mini LED TVs steal spotlight at epic gaming event

TCL’s Offline Tournament: A Spectacular Success TCL, a powerhouse in consumer electronics, is celebrating the incredible triumph of its recent two-day offline tournament showcasing the TCL C855 gaming TV collection and the world’s largest QD-Mini LED TV. Held at Riyadh’s Granada Mall, the event attracted over 4,000 attendees who witnessed the intense final matches of ...

Layla Al-Khalifa

JB Finance Announced as Strategic Partner for 12th National Auto Award

The National Auto Award: Elevating Excellence in Saudi Arabia’s Automotive Sector The National Auto Award, backed by the Saudi Automobile and Motorcycle Federation (SAMF) and organized by PR Arabia, stands as a prestigious honor in Saudi Arabia’s automotive industry. Exciting Partnership with JB Finance The 12th edition of the National Auto Award proudly announces a ...

Layla Al-Khalifa

Surging Oil Prices: Will Fed Rate Cut Boost Them Further?

Oil Prices Climb on Optimism Over Potential Fed Interest Rate Cut and Middle East Disruptions WASHINGTON — Oil prices soared on Monday, fueled by positive sentiment surrounding a potential interest rate cut by the US Federal Reserve (Fed) and ongoing disruptions in cease-fire negotiations in the Middle East. Brent Crude and WTI See Gains International ...

Layla Al-Khalifa

Breaking News: Dallah Healthcare Company Takes Over Al-Salam and Al-Ahsa Hospitals!

Dallah Healthcare Company Expands its Reach in the Healthcare Sector In a strategic move, Dallah Healthcare Company has announced the signing of a purchase and subscription agreement with Ayyan Investment Company. This agreement entails acquiring 100 percent of Al-Salam Medical Services Company in Al-Khobar and 97.4 percent of Al-Ahsa Medical Services Company in Hofuf. The ...

Layla Al-Khalifa

Exciting News: Flow Progressive Logistics Joins Al-Ittihad Club as Sponsor for SPL Kickoff

Flow Progressive Logistics Partners with Al-Ittihad Saudi Club for Three-Year Sponsorship In a groundbreaking move, Flow Progressive Logistics, a subsidiary of Alsulaiman Group, has officially announced a sponsorship agreement with Al-Ittihad Saudi Club, a powerhouse in Saudi football, for a duration of three years. The signing ceremony took place at the prestigious club’s headquarters, graced ...