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RIYADH: Diriyah Company has signed a $2 billion deal with Arbakan Saudi Company and Al-Bawani Group to develop the Wadi Safar project, including the Royal Diriyah Equestrian and Polo Club and several luxury hotels. “Today is a very big day,” Jerry Inzerillo, CEO of Diriyah Group of Companies, told Arab News. “It is unusual for … Read more
Riyadh: Riyadh's office market continued its strong performance in the second quarter of 2024, thanks to government investment incentives that attracted international corporations to set up regional headquarters. According to the latest Saudi Commercial Market Report by Savills, more than 120 international companies relocated their regional headquarters to the kingdom's capital in the first quarter … Read more
RIYADH: A water supply and environmental sanitation project in Yemen by Saudi aid agency KSrelief continues to improve conditions for residents there. About 1,033,550 liters of potable water and 10,849,000 liters of potable water were provided during Hajj from June 19 to 25. The project group worked in Midi, Harad, Hayran and Abs districts as … Read more
Riyadh: Riyadh's office market continued its strong performance in the second quarter of 2024, thanks to government investment incentives that attracted international corporations to set up regional headquarters. According to the latest Saudi Commercial Market Report by Savills, more than 120 international companies relocated their regional headquarters to the kingdom's capital in the first quarter … Read more
RIYADH: The kingdom's capital has experienced a significant increase in apartment rental prices in recent years, making it difficult for many residents to afford suitable housing. This sharp increase in the cost of rent has led to an increased trend among Riyadh's population to prefer home ownership to renting, as they seek to gain more … Read more
Dubai: SpaceX Chief Executive Elon Musk said his Starlink satellite internet service has been activated at hospitals in Gaza, where a war backed by the United Arab Emirates and Israel has destroyed many medical facilities. Sheikh Abdullah bin Zayed Al Nahyan, the Gulf Arab state's foreign minister, thanked the billionaire entrepreneur for supporting the UAE … Read more
New Delhi: The UAE Ministry of Finance and the Confederation of Indian Industry on Wednesday organized the Indian edition of Investopia Global Talk – a series of sessions in Chennai aimed at enhancing cooperation in emerging economy sectors. Launched in 2021, Investopia is a global investment initiative by the UAE government to connect investors, business … Read more
Riyadh: Saudi Arabia's Tadaul Al Share index closed at 12,105.54 on Tuesday, down 69.22 points or 0.57 percent. Total trading turnover of the benchmark index was SR6.8 billion ($1.8 billion) as 55 of the listed stocks advanced, while 173 retreated. The MSCI Dow Jones Industrial Average also closed down 10.49 points, or 0.69 percent, at … Read more
Dubai: French Algerian actress Sofia Boutella recently shared the poster of her latest film “The Killer Game” on social media and revealed that it will hit the theaters on September 13. Set against a bold red background, the poster features her. Starring Dave Bautista, Terry Crews, Scott Adkins, Marco Zaro, Pom Klementieff and Ben Kingsley.
London: Adidas has apologized to supermodel Bella Hadid after pulling it out of an ad campaign referencing the 1972 Munich Olympics, Sky News reported on Wednesday. Israel-linked pressure groups accused the campaign of offending Hadid because of her part-Palestinian background. At the 1972 Games, 11 Israeli athletes and a German police officer were killed by … Read more
