Saudi Arabia Archives - Page 4 of 33

Saudi Aramco’s Lumi sets price range for IPO, eyes USD 290 million target

IFM CorrespondentSeptember 26, 2023

by IFM CorrespondentSeptember 26, 2023

According to a statement released by Lumi, the price range was established between 62 and 66 riyals per share, which would give the firm a worth of up to 3.63 billion riyals...

Business Leaders Featured

Business Leader of the Week: Meet Shayne Nelson, Emirates NBD CEO

WebAdminSeptember 22, 2023September 22, 2023

by WebAdminSeptember 22, 2023September 22, 2023

According to Forbes Middle East, as of January 2023, Shayne Nelson's net worth is around 190 Billion...

Featured Healthcare

Al-Qassim National Hospital leads the way in revolutionary medical solutions

IFM CorrespondentSeptember 19, 2023

by IFM CorrespondentSeptember 19, 2023

Al-Qassim National Hospital has obtained the accreditation of the Association for the Advancement of Blood & Biotherapies after passing a comprehensive and integrated assessment procedure...

Featured Oil & Gas

Hollywood film ‘Sands of Fortune’ to spotlight Saudi’s lucrative oil industry

IFM CorrespondentSeptember 5, 2023September 4, 2023

by IFM CorrespondentSeptember 5, 2023September 4, 2023

Saudi Arabia discovered oil at 1,440 meters in the Dammam oilfield in March 1938...

Aviation Featured

Saudi Arabia introduces visitor visas for eight new countries

IFM CorrespondentAugust 17, 2023

by IFM CorrespondentAugust 17, 2023

Nationals are allowed a single entry and a six-month stay in Saudi Arabia with the e-visa waiver...

Energy Featured

Saudi Arabia climbs 24 places in Energy Transition Index, leads Middle East with green initiatives

IFM CorrespondentAugust 10, 2023August 9, 2023

by IFM CorrespondentAugust 10, 2023August 9, 2023

The outcomes are consistent with Saudi Arabia's Vision 2030, a plan to diversify the economy and make it more sustainable...

Business Leaders Featured

Business Leader of the Week: Meet Mohamed Alabbar, driving force behind Dubai’s growth

IFM CorrespondentAugust 4, 2023October 10, 2023

by IFM CorrespondentAugust 4, 2023October 10, 2023

In 1997, Mohamed Alabbar founded Emaar Properties, holding 24.3% of shareholders of the company and the rest owned by the Dubai government...

Featured Real Estate

Apartment-linked mortgages surge by 8% in Saudi Arabia as buyers seek affordable housing options

IFM CorrespondentAugust 4, 2023

by IFM CorrespondentAugust 4, 2023

Although having a villa continues to be Saudi Arabia's top aspiration, apartments are quickly becoming a more practical alternative from an affordability viewpoint...

Featured Ports and Shipping

Shipping success: Saudi Arabia climbs 8 places in Lloyd’s List global ranking

IFM CorrespondentAugust 3, 2023

by IFM CorrespondentAugust 3, 2023

According to Lloyd's List, processing more than 10.43 million containers at its ports in 2022 will contribute to Saudi Arabia's increase in international ranking...