PAIPORTA, Valencia — At least 158 people have died in Spain’s worst flooding disaster in generations as rescuers battle odds to find survivors. On Thursday more than 1,200 workers, aided by drones, were deployed to the rescue mission as rains continued to threaten parts of the country. “Right now the …
Read More »Saudi Arabia’s CMA readies 50 new stock offerings and expands market access for Gulf residents
Saudi Gazette report RIYADH — Mohammed Al-Quwaiz, chairman of the Board of the Saudi Capital Market Authority (CMA), said that the authority has 50 new files for offering in the Saudi stock market (Tadawul). The authority has concluded as many as 100 agreements with financial consultants for the purpose of …
Read More »Saleh Al Shehri strike seals Al Ittihad’s Sea Derby win over Al Ahli
Saudi Gazette report JEDDAH — Saleh Al Shehri’s first-half goal led Al Ittihad to a 1-0 victory over Al Ahli in the Sea Derby, keeping the pressure on Roshn Saudi League leaders Al Hilal. The match, held in front of 52,546 fans at King Abdullah Sports City Stadium on Thursday, …
Read More »CMA Chief: There are 50 requests for listing in Saudi stock market and 100 agreements clinched in preparation for the offering
Saudi Gazette report RIYADH — Mohammed Al-Quwaiz, chairman of the Board of the Saudi Capital Market Authority (CMA), said that the authority has 50 new files for offering in the Saudi stock market (Tadawul). The authority has concluded as many as 100 agreements with financial consultants for the purpose of …
Read More »Private sector hires 294,000 Saudis during last 9 months
Saudi Gazette report RIYADH — Saudi Arabia’s private sector has hired a total of about 294,000 Saudis during the first 9 months of this year, thanks to the support of the Human Resources Development Fund (HADAF). A total of 1.7 million Saudi citizens have so far benefited from the HADAF’s …
Read More »Saudi Arabia condemns terrorist attack targeting military base in Lake Chad
Saudi Gazette report RIYADH — Saudi Arabia condemned on Thursday the terrorist attack that targeted a military base in the Lake Chad region. In a statement, the Ministry of Foreign Affairs expressed the Kingdom’s condemnation of the terrorist attack targeting a military base in the Lake Chad region, the Saudi …
Read More »Saudi Arabia: A global investment magnet
Driven by its visionary Vision 2030 project, strategic location, and attempts to diversify its economy beyond of oil reliance, Saudi Arabia is rising as a top destination for international investment. The Kingdom is actively promoting itself as a worldwide investment center with major reforms meant to open industries including …
Read More »HONOR unveils pre-order of the stunning HONOR MagicBook Art 14
Global technology brand HONOR on Thursday announced the launch of the HONOR MagicBook Art 14a cutting-edge laptop designed to elevate user experience. Incredibly thin at just 1cm thick(1)the HONOR MagicBook Art 14 comes with a 14.6-inch 3.1K OLED HONOR Eye Comfort Display, a detachable Magnetic Camera, AI Cross-OS WorkStation and …
Read More »Prince Faisal: Saudi Arabia is working to diversify international partnerships
Saudi Gazette report RIYADH — Foreign Minister Prince Faisal bin Farhan said that Saudi Arabia is working to diversify its international partnerships. Speaking at a dialogue session in the 8th Future Investment Initiative (FII8) conference in Riyadh on Thursday, he said that the Iranians are moving towards de-escalation with Israel. …
Read More »PIF signs $51 billion MoUs with major Japanese financial institutions
RIYADH — The Public Investment Fund (PIF) announced Thursday the signing of five memorandums of understanding (MoUs) valued at up to $51 billion with prominent Japanese financial institutions. The MoUs were signed with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation (JBIC), and Nippon Export …
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