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Saudi Awwal Bank named “Best Bank in Saudi Arabia for 2025” for the 6th year in a row

Saudi Awwal Bank (SAB) has been recognized as the “Best Bank in Saudi Arabia for 2025” by Global Finance magazine. This prestigious accolade highlights SAB’s leadership in the Saudi banking sector and reaffirms its ongoing commitment to delivering innovative financial services that meet the evolving needs of its customers while supporting the ambitious goals of Vision 2030.This recognition is a testament to the confidence the financial sector places in SAB. Over the past years, the bank has solidified its position as a high-performing financial institution through continuous growth in assets and profitability, expanding its customer base, and adopting cutting-edge financial technologies that enhance the customer experience.SAB was selected for this award by a panel of international...

May 11, 2025

Saudi Awwal Bank named “Best Bank in Saudi Arabia for 2025” for the 6th year in a row

Nestlé Academy hosts an exceptional alumni gathering in Jeddah

Nestlé Academy held a remarkable event in Jeddah on Thursday that brought together its alumni from various professional tracks — including Supply Chain, Sales, and Nutrition — alongside Nestlé employees and key partners from both the public and private sectors.The evening welcomed over 200 distinguished guests, including officials, executives, and advocates of national talent development.The event celebrated the accomplishments of Nestlé Academy in 2023 and 2024 and marked the beginning of 2025 by spotlighting future directions and the roadmap for the remainder of the year and beyond.This aligns with the Academy’s mission to strengthen connections among its graduates, foster knowledge exchange, and cultivate professional networks that contribute to advancing the Saudi labor market...

May 09, 2025

Nestlé Academy hosts an exceptional alumni gathering in Jeddah

Disney unveils its most advanced resort yet with a record-breaking spectacle on Yas Island

The biggest celebration of its kind lit up Yas Island, Abu Dhabi, on Wednesday night as The Walt Disney Company announced plans for its most advanced theme park resort to date, marking a historic milestone with a dazzling global spectacle.In a breathtaking display of scale and ambition, more than 9,000 choreographed drones, a sweeping fireworks show, and a star-studded lineup transformed the Yas Island waterfront into a theatrical stage, unveiling what will be Disney’s seventh theme park destination worldwide—and its first in the Middle East. The announcement event, co-hosted by Disney and Miral, Abu Dhabi’s leading creator of immersive destinations, redefined grandeur and is already being hailed as one of the most spectacular shows the region has ever seen.The celebration...

May 08, 2025

Disney unveils its most advanced resort yet with a record-breaking spectacle on Yas Island

Meena Health launches Riyadh’s first Specialized Occupational Health Center

Meena Health has officially opened the Meena Occupational Health Center in Riyadh — the first dedicated facility in the capital to provide specialized healthcare services focused exclusively on occupational health and safety. The launch marks a major milestone in advancing preventive care for Saudi Arabia's workforce and aligns with broader national efforts to foster healthier and safer work environments.Coinciding with the center’s inauguration, Meena Health also signed a series of strategic agreements and Memoranda of Understanding (MoUs), reinforcing its leadership position in the field and its growing role within Saudi Arabia’s evolving healthcare landscape.Comprehensive services for high-risk sectors and beyondThe Meena Occupational Health Center offers an integrated suite...

May 07, 2025

Meena Health launches Riyadh’s first Specialized Occupational Health Center

UK Business Secretary Jonathan Reynolds and India's Minister of Commerce and Industry Piyush Goyal met in London last week to finalise the deal

UK and India agree trade deal after three years of talks

LONDON — The UK and India have agreed on a trade deal that will make it easier for UK firms to export beverages, cars and other products to India, and cut taxes on India's clothing and footwear exports.The British government said the "landmark" agreement, which took three years to reach, did not include any change in immigration policy, including towards Indian students studying in the UK.Prime Minister Sir Keir Starmer said the deal would boost the economy and "deliver for British people and business".Last year, trade between the UK and India totalled £42.6bn and was already forecast to grow, but the government said the deal would boost that trade by an additional £25.5bn a year by 2040.India's prime minister, Narendra Modi, described the agreement as a...

May 07, 2025

UK and India agree trade deal after three years of talks

Nissan Formula E Team's stellar performance at Monaco E-Prix, securing a win, a second place and a pole position

Nissan Formula E Team delivered a stellar performance at the Monaco E-Prix, securing a podium finish in a race filled with high-intensity action and strategic manoeuvres.Oliver Rowland dominated the Monaco E-Prix weekend, winning Saturday’s race and securing pole before finishing second on Sunday. After starting P2 in Sunday’s race, he took the lead before halftime, maximized his Attack Mode boosts, and executed crucial late overtakes to seal his third victory during this season.Meanwhile, teammate Norman Nato progressed from 18th to 14th, showing a steady pace in challenging conditions. These results strengthened Rowland’s championship position and Nissan’s standing in the teams’ battle.Earlier in the weekend, Rowland had excelled in wet conditions, earning his first pole of the...

May 06, 2025

Nissan Formula E Team's stellar performance at Monaco E-Prix, securing a win, a second place and a pole position

Bruno Wehbe: Westfield partnership will transform Cenomi malls into world-class lifestyle destinations

Cenomi Centers, the leading developer and operator of lifestyle centers in Saudi Arabia, has entered into a landmark exclusive strategic partnership with Unibail-Rodamco-Westfield (URW), a global retail real estate leader. Signed on May 4, 2025, the 10-year agreement grants Cenomi Centers the exclusive rights to operate under the Westfield brand in Saudi Arabia, with an option to extend the partnership for an additional 10 years.In this exclusive conversation, Bruno Wehbe, President – Flagship Assets & New Ventures, Cenomi Centers, discusses the significance and long-term impact of the partnership.Why this partnership, and who is Unibail-Rodamco-Westfield?This exclusive partnership with URW marks a pivotal moment for Cenomi Centers. Unibail-Rodamco-Westfield is a globally renowned owner,...

May 06, 2025

Bruno Wehbe: Westfield partnership will transform Cenomi malls into world-class lifestyle destinations

Arcapita expands US private equity portfolio with the acquisition of Trustpoint

Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, announced today that it has successfully completed the acquisition of a majority stake in Trustpoint.One (“Trustpoint” or the “Company”), a leading provider of tech-enabled legal services to law firms and corporate clients in the United States, headquartered in Atlanta, Georgia.Valued at over $400 billion, the US legal services market is highly fragmented and experiencing growing demand for alternative legal service providers (ALSPs) due to rising litigation volumes and the need for technology-driven solutions.Historically, litigation has not been linked to GDP growth and is generally insulated from macroeconomic trends. ALSPs are an integral part of the modern litigation landscape due to...

May 06, 2025

Arcapita expands US private equity portfolio with the acquisition of Trustpoint

Farabi and Richful to build first full-scale lubricant additive complex in Saudi Arabia

Under the patronage of the Ministry of Energy (MoE), Farabi Downstream Petrochemical Company (a FARABI Investment group company) signed a MoU on Feb. 26, 2025 with Xinxiang Richful Lube Additive Co., Ltd (one of the largest Lube components and package manufacturer in China), to establish a Joint Venture (JV) for manufacturing of Lubricant additive components and Packages in the Kingdom.The JV will be coming up with an Integrated State-of-the-art Lubricant Additive Plant in Yanbu, Saudi Arabia for manufacturing Lube additive components & Packages, complying global standards.Richful’s market place and extensive R&D expertise in the lube additives sector, along with Farabi’s state of the art manufacturing footprint within Saudi Arabia and the region makes this strategic partnership a...

May 06, 2025

Farabi and Richful to build first full-scale lubricant additive complex in Saudi Arabia

The IPO will consist of 51.26 million ordinary shares, representing 30% of the company’s post-offering share capital.

Flynas announces IPO plans with 30% stake to be listed on Saudi Exchange

Saudi Gazette reportRIYADH — Saudi low-cost carrier flynas announced on Monday its intention to proceed with an initial public offering (IPO) and list its shares on the Main Market of the Saudi Exchange (Tadawul), following approval by the Capital Market Authority (CMA) on March 26.The IPO will consist of 51.26 million ordinary shares, representing 30% of the company’s post-offering share capital. This includes 33.83 million existing shares to be sold by current shareholders, 8.32 million treasury shares, and 17.43 million newly issued shares.The offering will be open to both institutional and individual investors, with the final offer price to be determined through a book-building process.The subscription period for individual investors will begin on Wednesday, May 28, 2025, and close...

May 05, 2025

Flynas announces IPO plans with 30% stake to be listed on Saudi Exchange

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