Saudi Arabia-based IsDB opens first regional headquarters in Egypt

Jeddah-based Islamic Development Bank (IsDB) has opened its first regional headquarter in Cairo, Egypt, Arab Finance reports. The bank made the announcement in an email press release seen by the media, following the 2022 Annual Meetings, which was held in Read more

Saudi Arabia picks Lionel Messi as country’s tourism ambassador

Saudi Arabia unveiled Monday Paris Saint Germain (PSG) and Argentina football superstar as its new tourism ambassador. The 34-year old icon arrived at King Abdulaziz International Airport in Jeddah accompanied by a group of friends in his new role for Read more

AG Café to open new 110 stores of Tim Hortons in Saudi Arabia by 2024

AG Café has announced plans to open 110 more branches of Tim Hortons in Saudi Arabia by 2024, taking the total number of stores across the country to 200, Zawya reports. The company runs 190 stores, in total across the Read more

Riyadh-based Dallah Healthcare Co acquires 8.2 per cent of International Medical Co.

Riyadh-based Dallah Healthcare Co has acquired an 8.2 percent stake in International Medical Co. in line with plans to expand cross the kingdom, Zawya reports. The acquisition, published on the kingdom’s stock market Tadawul, cost Dallah Healthcare SAR 289 million Read more