Thursday May 22, 2025 / 24 , Dhu al-Qaadah , 1446

Leading The Way

SG

Saudi Arabia

Opinion

Discover Saudi

World

Sports

Business

Life

Advertisements

Home
BUSINESS

1 - 10 from 16503 . In "BUSINESS"

HONOR Reveals HONOR 400 Series with Groundbreaking 200 MP AI Camera and AI Creative Editor

At the immersive “HONOR AI Wonderverse” event, guests explored futuristic AI features through creative, interactive experiences.HONOR, a global leading AI device ecosystem company, has officially launched the all-new HONOR 400 Series including HONOR 400 Pro and HONOR 400 in the Middle East & Africa Region a premium event held in Dubai. The event, themed “HONOR AI Wonderverse,” combined Arabic aesthetics and futuristic design, symbolizing the perfect fusion of heritage and innovation. Guests enjoyed a unique experience with different interactive zones, where they could explore the new AI Creative Editor features in an engaging way.The launch event was innovative and engaging, featuring different experience zones that allowed guests to explore the new AI Creative Editor features in a...

May 22, 2025

HONOR Reveals HONOR 400 Series with Groundbreaking 200 MP AI Camera and AI Creative Editor

GIB Capital closes deals in Q1 2025 with a total value exceeding several billion dollars

GIB Capital, the investment arm of Gulf International Bank, continues to strengthen its position in the investment services sector by achieving a number of accomplishments during the first quarter of 2025.Among these achievements, the company acted as financial advisor, institutional bookrunner, and joint underwriter for the IPO of Umm Al-Qura, with a total offering size of SR2 billion, which was oversubscribed 241 times.The company also served as joint lead manager and joint bookrunner in the $1.25 billion sukuk issuance for the Saudi Arabian Mining Company (Ma’aden), which was 8 times oversubscribed, receiving strong demand from international investors.As part of its expansion into global debt markets, GIB Capital managed a $1.75 billion sukuk issuance for the Islamic Development Bank...

May 22, 2025

GIB Capital closes deals in Q1 2025 with a total value exceeding several billion dollars

Redington inaugurates new office in Riyadh

Redington, a leading technology aggregator and innovation powerhouse across emerging markets, today announced the inauguration of its new office in Riyadh, Kingdom of Saudi Arabia.This milestone marks a significant step in Redington’s commitment to deepening its presence in the region and supporting the Kingdom’s ambitious digital transformation goals under Vision 2030.Strategically located in the heart of Riyadh’s thriving technology district in Al Olaya, just steps away from the iconic Kingdom Tower, the new head office is designed to be a central hub for collaboration and innovation. It will support partner growth and help deliver tailored, cutting-edge technology solutions that meet the evolving needs of the Saudi market.“Our presence in Saudi Arabia is not new—but this new...

May 22, 2025

Redington inaugurates new office in Riyadh

Nissan Formula E Team secures podium at Tokyo E-Prix with support from Petromin & Electromin

Nissan Formula E Team delivered an electrifying performance at its home race in Tokyo, with Oliver Rowland securing both a victory in Round 9 and a second-place finish in Round 8. Rowland's weekend showcased his championship pedigree, a masterful drive in Round 18 saw him climb from sixth to first with a daring last-minute pass on reigning champion Pascal Wehrlein (Porsche), marking his fourth win during this season. This followed a strong P2 finish in Round 8, where he battled in rain-affected conditions after qualifying was cancelled. Teammate Norman Nato showed strong pace in practice and qualifying both days but faced challenges during the races to finish 15th in both rounds. The results see Rowland extend his lead in the Drivers’ Championship to an impressive 77 points,...

May 21, 2025

Nissan Formula E Team secures podium at Tokyo E-Prix with support from Petromin & Electromin

Saudi Awwal Bank wins Euromoney Best Bank for ESG award for third consecutive year

Saudi Awwal Bank (SAB) has once again been named “Best Bank for ESG” in Saudi Arabia by Euromoney for the third consecutive year, reaffirming the bank’s leadership in driving sustainable finance and advancing ESG principles across the Kingdom’s banking sector.This prestigious recognition reflects SAB’s continued commitment to embedding environmental, social, and governance (ESG) values into its operations, reporting, and stakeholder engagement.The bank’s sustainability strategy focuses on creating long-term value while supporting Saudi Arabia’s Vision 2030 goals and the global sustainable development agenda.Tony Cripps, Managing Director & CEO of SAB, stated: “Receiving this award for the third consecutive year is a powerful validation of our journey toward responsible...

May 21, 2025

Saudi Awwal Bank wins Euromoney Best Bank for ESG award for third consecutive year

Jimmy launches in Saudi Arabia with Amit Trading Co. as exclusive distributor

JIMMY, a global innovator in household appliances, officially launched in the KSA following a successful event with exclusive distribution partner Amit Trading Co.The leading global brand, known for creating innovative technology for a smart lifestyle, has announced its official entry into the Kingdom of Saudi Arabia market.JIMMY focuses on developing cutting-edge floorcare appliances, boasting over 2200 patents and a team of 800 experienced R&D engineers. The brand's commitment to excellence is reflected in its numerous design awards, including the German Design Award and the Red Dot Award.JIMMY has entered the UAE and KSA markets with a range of modern and advanced home and personal care products, including a line of cordless, wet and dry, and anti-mite vacuum cleaners. This...

May 21, 2025

Jimmy launches in Saudi Arabia with Amit Trading Co. as exclusive distributor

AWJ Investment secures 40% stake in Oud Real Estate, launching ambitious investments exceeding SR8 billion

AWJ Investment, a subsidiary of AWJ Holding, announced the acquisition of a 40% stake in Oud Real Estate. This strategic partnership is set to drive the development of branded residential, commercial, and hospitality projects, with projected investments exceeding SR8 billion over the next five years.This collaboration combines AWJ's financial expertise with Oud's innovative approach to creating lifestyle destinations that celebrate Saudi heritage. Since its establishment in 2016, Oud Real Estate has earned acclaim for its culturally infused, design-forward developments that reflect the evolving urban landscape of Saudi Arabia.Abdulaziz Al-Mousa, CEO of AWJ Holding, remarked on the significance of this partnership in relation to the Kingdom's Vision 2030:"Saudi Arabia is...

May 21, 2025

AWJ Investment secures 40% stake in Oud Real Estate, launching ambitious investments exceeding SR8 billion

Saudi Awwal Bank and HSBC secure strategic mandate to power Riyadh Air’s expansion across Middle East and Asia

Saudi Awwal Bank (SAB), one of the leading banks in the Kingdom of Saudi Arabia and HSBC, the global banking and financial services organisation, have together been awarded the Middle East and Asia Cash Management Mandate for Riyadh Air, Saudi Arabia’s digital native carrier, as it prepares to commence operations in 2025.For over 70 years, HSBC and SAB’s banking partnership has enabled clients in the Kingdom to grow domestically and expand internationally.Together, SAB and HSBC will work closely with Riyadh Air to provide an integrated and seamless cash management program to manage all payment and liquidity needs across the two regions.As domestic house bank, SAB will oversee operations within Riyadh Air’s home market of Saudi Arabia when it begins operations, including facilitating...

May 20, 2025

Saudi Awwal Bank and HSBC secure strategic mandate to power Riyadh Air’s expansion across Middle East and Asia

MAGRABi Retail Group acquires leading Kuwaiti retailer Kefan Optics

MAGRABi Retail Group, the Middle East’s leading eyewear retailer, announces the proposed acquisition of 100% of the issued share capital of Kefan Optics Company KSCC, one of the largest eyewear retailers in Kuwait.Following the acquisition, the MAGRABi customer-centric ethos will be seamlessly integrated into the existing Kefan stores, whilst maintaining the Kefan brand, bringing a premium MAGRABi experience to elevate the overall customer journey.The acquisition paves the way for a new era in eye care throughout Kuwait and the refreshed stores will raise the bar for superior service and quality nationwide.MAGRABi Retail Group’s ongoing focus on innovation and omnichannel excellence will create a cohesive experience between stores and digital channels across the MENA region, enriching...

May 19, 2025

MAGRABi Retail Group acquires leading Kuwaiti retailer Kefan Optics

US loses final triple-A credit rating as Moody’s cites rising debt and deficits

WASHINGTON — The United States has lost its last remaining perfect credit rating after Moody’s downgraded the country’s status from 'AAA' to 'Aa1', citing mounting concerns over debt sustainability and growing interest costs.The downgrade, announced Friday, marks the first time since 1917 that Moody’s has assigned anything less than a top-tier rating to U.S. government bonds.The move follows earlier downgrades by S&P Global Ratings in 2011 and Fitch Ratings in 2023, making this the final blow to the U.S.'s decades-long status as a triple-A borrower.Moody’s said the decision reflects a significant and sustained increase in the federal debt burden and interest payment ratios, now well above levels of similarly rated economies.The agency projected that U.S. debt...

May 17, 2025

US loses final triple-A credit rating as Moody’s cites rising debt and deficits

Next >

COPYRIGHT © 2025 WWW.SAUDIGAZETTE.COM.SA - ALL RIGHTS RESERVED

Powered by NewsPress

NEWS CATEGORY

saudi arabia world opinion business sports esports life

COMPANY

advertisements about us Epaper contact us Archive privacy policy