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In "BUSINESS"
October 12, 2023
Dr. Soliman Fakeeh hospital in Jeddah successfully utilizes Da Vinci robotic system for heart surgery
TEESSIDE — Alfanar Global Development, a part of Alfanar Projects - a leading global project developer, engineering construction and technology solutions provider - recently hosted Eng. Khalid Al Falih, the Minister of Investment, Saudi Arabia, at their sustainable aviation fuel (SAF) facility - Lighthouse Green Fuels - in Teesside, United Kingdom. The minister and his accompanying delegates were received by Alfanar Projects’ executive team members including Amer Al Ajmi, Executive Vice President, Mishal Al Mutlaq, Chief Investment Officer, and Noaman Al Adhami, Country Head UK.This visit marks a significant milestone in Alfanar’s commitment to position Saudi Arabia as a worldwide leader in renewable energy and green fuels, and in advancing global clean energy initiatives.During the...
October 12, 2023
Khalid Al Falih visits Alfanar Global Development’s UK site to highlight Saudi Arabia's clean energy initiatives
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division successfully completed advisory on the landmark SR4.572 billion ($1.219 billion) initial public offering (IPO) of ADES Holding Company (ADES), a leading oil and gas drilling and production services provider in MENA, on the Saudi Exchange. EFG Hermes acted as Joint Financial Advisor, Global Coordinator, Bookrunner, and Underwriter on the transaction.ADES Holding Company offered a total of 30% of its total issued share capital through the sale of a mix of existing shares and newly issued shares, equivalent to 338,718,754 shares at SR13.5 per share – implying a market capitalization of SR15.2 billion ($4.1 billion). The existing shares represent 9%...
October 11, 2023
EFG Hermes completes advisory on landmark SR4.572 billion IPO of ADES on the Saudi Exchange
October 08, 2023
L’azurde showcases at TFWA in Cannes 'Travel Retail-Ready' gold and diamond jewelry collections
On September 27, the OMODA C5 media test ride and drive event was grandly held at the Digital City in Riyadh, Saudi Arabia. The event, themed "Connect with Future through OMODA," saw over 40 Saudi automotive media houses and KOLs take the OMODA C5 for a spin, experiencing a journey of speed and passion amidst the futuristic ambience of Digital City, and getting an immersive feel of the new product’s power, emblematic of a 2D crossover SUV.In the OMODA brand family, OMODA C5 stands out as the inaugural CROSS-styled SUV, a star product crafted around the ethos of futuristic technology. Its design, exuding a sense of future fashion, embodies the "Art in Motion" body design, floating roof, and integrated sports seats. Each element tantalizes the visual senses of the new...
October 06, 2023
Saudi media welcomes first OMODA C5 test ride and drive
October 05, 2023
'Theeb Rent A Car' receives first fleet of Lucid cars assembled in Saudi Arabia
October 02, 2023
KPMG: Saudi non-profit sector expanding and fostering community engagement
September 30, 2023
BD reaffirms its commitment to advancing patient safety on World Patient Safety Day
September 28, 2023
Level Shoes exclusive New Balance pre-launch pop-up ignites sneaker frenzy in Riyadh
Xiaomi unveiled its latest Xiaomi 13T Series smartphones in a global launch in Berlin, Germany, on September 26th. These phones are designed for global customers looking to unleash their visual creativity, featuring professional Leica optical lenses for Authentic Leica Imagery. With advanced performance, long-lasting battery life, and a crystal-clear display, the Xiaomi 13T Series promises exceptional smartphone experiences for photography, video watching, and daily use.Simultaneously, the highly anticipated release was revealed in Riyadh at an exclusive media launch event held at the Ritz Carlton. Over 50 attendees, including content creators, tech editors, media, and authorized dealers, witnessed the unveiling of two exciting devices: Xiaomi 13T Pro and Xiaomi 13T.An experience zone...
September 28, 2023
Xiaomi announces global launch of Xiaomi 13T Series