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The Sports Ministry is inviting construction companies to build and upgrade Saudi’s stadiums, under a SAR 10.1 bn capital projects programme.
Author Archives: enterpriseam admin
Posted inREAL ESTATE
PIF has a 10-year, SAR 4 tn real estate vision
PIF set to spend big on real estate over the next decade:The Public Investment Fund (PIF) and companies it invests in will invest SAR 4 tn in the kingdom’s booming real estate sector over the next decade, Argaam reported on Sunday, citing statements by the PIF Head of Real Estate and Infrastructure National Programs Management […]
Posted inMOVES
Cigna Healthcare unveils new CEO of Saudi unit, Buruj CEO steps down
Cigna Healthcare names CEO of Cigna Saudi Arabia: US-based Cigna Healthcare has appointed Hisham Radwan (Linkedin) as the CEO of Cigna Saudi after opening a HQ in Riyadh to become the first international insurance company authorized to operate through a branch in Saudi Arabia, according to their statement. The US health insurer said it is […]
Posted inSAUDI IN THE NEWS
Shock Guardian revelation: We like oil [troll warning]
Shocker — we like oil, and we’d like to wring maximum value from what time we have left selling it even as we transition to a green-energy future. Feeling the need to troll yourself this morning? Go read The Guardian’s Revealed: Saudi Arabia’s grand plan to ‘hook’ poor countries on oil.
Posted inALSO ON OUR RADAR
Retail inks SAR 1.2 bn housing contract in Jubail. PLUS: Chinese tourism bookings, Foster + Partners, blueberries, and more
REAL ESTATE- Retal signs SAR 1.2 bn contract for housing units in the Eastern Province’s Jubail:RetalUrban Development Co. signed a contract worth SAR 1.2 bn to develop primary and secondary infrastructure development and 897 residential units in Jubail Industrial City under a partnership with Jubail and Yanbu Industrial Cities Services Company (Jabeen), it said in […]
Posted inPLANET FINANCE
Foreigners are still bullish on the Tadawul, but Saudis cashed out some gains last week
Foreigners remain bullish on Tadawul: Foreigners were net buyers of Saudi equities in the week ending 23 November, with net purchases worth SAR 1.7 bn. GCC nationals were net sellers, with net sales worth SAR 264.5 mn, while Saudis made net sales worth SAR 1.4 bn, according to Tadawul figures. Foreigners are holding their positions: […]
Posted inDIPLOMACY
KSA, Italy plan investments in mining, oil and gas. PLUS: Diplomatic ties with Armenia, FM in Spain
The countries are set to develop a regulatory framework to accelerate the critical raw materials sector
Posted inCALENDAR
NOVEMBER 26-28 November (Sunday-Wednesday): Reliability & Maintainability Conference & Exhibition 2023, Grand Hyatt Hotel, Al Khobar. 26-28 November (Sunday-Tuesday): NCT Middle East, Riyadh. 27 November (Monday): Saudi Data Forum, JW Marriot, Riyadh. 27-29 November (Monday-Wednesday): Saudi HORECA, Riyadh International Convention & Exhibition Center, Riyadh. 30 November (Thursday): Start of Noor Riyadh show, King Abdullah Financial […]