BUSINESS NEWS
PIF and stc Group Sign Definitive Agreements to Form Region’s Largest Telecom Tower Company
Riyadh: The Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) announced today the signing of definitive agreements whereby PIF will acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL) from stc Group. TAW…
Largest Telecommunications Towers Company is a Reality, Alwetaid Said
Riyadh: stc Group CEO Olayan Mohammed Alwetaid said that the largest telecommunications towers company in the region became a reality following PIF’s signing of definitive agreements to acquire a majority stake in Tawal.
Alwetaid, in a statement to t…
JEDCO CEO: Operational Figures at King Abdulaziz Airport Demonstrate Successful Umrah Season Plans
Jeddah: CEO of Jeddah Airports Company (JEDCO) Mazen Johar, has highlighted the implemented measures to facilitate passengers’ procedures during the peak season of Umrah, spanning from Ramadan until the 9th of Shawwal.
Johar highlighted that these me…
King Abdullah City for Atomic and Renewable Energy Takes Part in the 26th World Energy Congress in Rotterdam
Riyadh: King Abdullah City for Atomic and Renewable Energy (KACARE) is participating in the World Energy Congress, which is taking place in Rotterdam, the Netherlands, from April 22 to 25.
By taking part in the event, KACARE aims to show the
Industry and Mineral Resources Minister Inaugurates ‘Saudi Made’ Pavilion in Hannover Messe 2024
Hannover, The Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Saudi Export Development Authority (Saudi Exports), Bandar bin Ibrahim Al-Khorayef, inaugurated the “Saudi Made” pavilion today at the Hannover Mess…
CBB Treasury Bills oversubscribed by 221%
Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 221%.
The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom
Jeddah’s King Abdulaziz International Airport’s Operational Figures Proof of Successful Umrah Season Plans
Jeddah: Jeddah Airports Company (JEDCO) issued a recent press release detailing the operational performance of King Abdulaziz International Airport (KAIA), in Jeddah, during the peak Umrah season.
The season, coinciding with the holy month of Ramadan…