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Boeing supports Saudi aerospace ecosystem

RIYADH — Boeing, the National Industrial Development and Logistics Program of the Kingdom of Saudi Arabia (NIDLP), Saudi Arabian Industrial Investments Company (Dussur), and the Saudi Arabian Mining Company (Ma’aden), signed a Memorandum of Understanding last Monday that will further the development of the aerospace industry of Saudi Arabia.

“Boeing congratulates NIDLP, Ma’aden"...

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Moody’s assigns first-time ratings to Saudi Arabia’s
February 17, 2019

Moody’s assigns first-time ratings to Saudi Arabia’s

Dairy conglomerate Almarai, the Middle East’s leading food beverage manufacturer and distributor, has been given an issuer rating of Baa3 with a stable outlook, Moody’s Investor Service announced on Thursday.

A bond is considered investment grade if its credit rating is Baa3 or higher.

“Almarai's"...

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Reforms and changing demographics bringing new dynamism in Saudi Arabianindustry
February 17, 2019

Reforms and changing demographics bringing new dynamism in Saudi Arabianindustry

RIYADH — Most of the executives interviewed for the 2019 edition of the Business Barometer: KSA CEO Survey carried out by Oxford Business Group (OBG) were upbeat about the country’s long-term economic prospects, although they also acknowledged the severity of the current challenging global conditions.

As part of its survey on the economy, the global research and consultancy firm asked"...

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Three Saudi universities sign MoU with Merck Pharma
February 17, 2019

Three Saudi universities sign MoU with Merck Pharma

THREE Saudi universities — King Saud University, Princess Noura Bint Abdul Rahman University, and Qassim University — have taken a qualitative step toward achieving Vision 2030 goals by signing a Memorandum of Understanding with Merck German Pharmaceuticals in a ceremony held in Riyadh in the presence of the President of the Food and Drug Authority Dr. Hisham Al-Jedaie.

The agreements"...

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AECOM’s 2019 Future of Infrastructure Report Shows Riyadh Citizens Want Better Engagement and More Private Sector Involvement in the Development of Their Infrastructure
February 17, 2019

AECOM’s 2019 Future of Infrastructure Report Shows Riyadh Citizens Want Better Engagement and More Private Sector Involvement in the Development of Their Infrastructure

(AETOS Wire) -- The global research, surveyed more than 10,000 people across 10 major international cities for their views on city infrastructure, priorities for improvement and ambitions for future infrastructure.

Riyadh stood out in four areas: eagerness for private sector involvement"...

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Moody’s assigns first-time ratings to Saudi Arabia’s
February 17, 2019

Dairy conglomerate Almarai, the Middle East’s leading food beverage manufacturer and distributor, has been given an issuer rating of Baa3 with a stable outlook, Moody’s Investor Service announced on Thursday.

A bond is considered investment grade if its credit rating is Baa3 or higher.

“Almarai's"...

Continue Reading

Reforms and changing demographics bringing new dynamism in Saudi Arabianindustry
February 17, 2019

RIYADH — Most of the executives interviewed for the 2019 edition of the Business Barometer: KSA CEO Survey carried out by Oxford Business Group (OBG) were upbeat about the country’s long-term economic prospects, although they also acknowledged the severity of the current challenging global conditions.

As part of its survey on the economy, the global research and consultancy firm asked"...

Continue Reading


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