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Saudia, the flag carrier of Saudi Arabia, announced the creation of flyadeal on 17 April 2016. [1] [2] [3] The venture is part of Saudia Group's SV2020 Transformation Strategy, which aims to elevate the group's units into world-class status by 2020. flyadeal targeted domestic travellers, Hajj and Umrah pilgrims and the rising number of tourists, among other groups. [4]
WWE, an American professional wrestling promotion based in Stamford, Connecticut, has been promoting events in Saudi Arabia since 2014. After initially holding non-televised house shows, WWE announced a 10-year strategic partnership with the Ministry of Sport in 2018, which would see the hosting of pay-per-views (PPV, now premium live events [PLEs]) in Saudi Arabia.
By March 2017, Souq.com had localized operations in Saudi Arabia, United Arab Emirates, and Egypt, [7] which as of 2014 equated to semi-automated modern fulfillment centers in the United Arab Emirates, Saudi Arabia, Kuwait, and Egypt, measuring a total of 35,000 square meters. At the time the company had employed around 2,500 employees in ...
On May 20, 2017, U.S. President Donald Trump signed a US$350 billion arms deal with the Kingdom of Saudi Arabia. [8] [9] The arms deal was the largest in world history. [10] [8] [11] The transaction included tanks, combat ships missile defence systems, as well as radar, communications and cybersecurity technology. The transfer was widely seen ...
sela.sa. Sela (Arabic: صلة) is a company specializing in experiences, events, and destinations in Saudi Arabia. In 1997, Sela paved the way in the sports industry within Saudi Arabia and over the years it has grown to encompass the entertainment and culture industries. Today, Sela is a key player in the recreational sectors in the region.
Saudi Exchange (Arabic: تداول السعودية ) or Tadāwul (Arabic: تداول ) is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market. It continued as such ...
In July 2021 OPEC meetings, Saudi Arabia and the United Arab Emirates had disputed over oil price as Saudi Arabia-led deal to raise production beyond the cap set for early next year was blocked by the UAE. [28] Saudi Arabia and the UAE later settled the difference with a compromise to unlock more oil supplies. [29]
Jarir was established in Riyadh in 1974 as a small bookshop, which dealt in used books and art sold by expats living in Riyadh, Saudi Arabia. In the 80s, Jarir opened a second branch in Riyadh followed by one in the 90s. In 2003, the company had undergone an initial public offering and a third of its shares is currently traded on Tadawul the ...
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