• Truck Delivery App Trukker wins Saudi Funds

    • A digital marketplace for land freight based in the UAE, Trukker has raised one of the largest initial rounds of capital for a startup in the region. MAGNiTT reported that the capital raise would be the fourth largest Series A…

    • November 12, 2019
    • Saudi Arabia Issues First Permanent Residencies to Foreigners

    • Saudi Arabia has granted first batch of “premium” residence visas on Monday, for investors, doctors, engineers or financiers who wish to live in the kingdom. Saudi Arabia’s Premium Residency Centre said that it had received thousands of applications through online…

    • Air Arabia Reports 57% Increase in Net Profit

    • Sharjah based Budget carrier Air Arabia reported 57% increase in net profits for the third quarter of 2019. There was an increase in customers and cost control measures. Profit for the three months ending September 30 climbed to Dh471 million,…

    • November 11, 2019
    • Saudi Arabia Hosts First Global Logistics Roadshow in UAE

    • The Saudi Logistics Hub an initiative by government hosts its first global roadshow in the UAE in collaboration with the National Association of Freight and Logistics. Many business leaders from the logistics sector were present in the event at Dubai…

    • November 8, 2019
    • Saudi Arabia to Introduce New Airport Tax

    • Saudi Arabia all set to impose Airport tax on passengers travelling on domestic routes in Saudi Arabia to improve airport facilities. Domestic travellers in Saudi Arabia will have to pay an airport tax of 10 Saudi riyals (Dh9.8) every time…

    • November 6, 2019
    • Saudi Arabia to Introduce New Airport Tax

    • Saudi Arabia all set to impose Airport tax on passengers travelling on domestic routes in Saudi Arabia to improve airport facilities. Domestic travellers in Saudi Arabia will have to pay an airport tax of 10 Saudi riyals (Dh9.8) every time…

    • November 4, 2019
    • The Red Sea Development Company Awards for Airport Plan.

    • The developer behind one of the world’s most ambitious tourism development projects The Red Sea Development Company (TRSDC) in Saudi Arabia has awarded the design contract for the destination’s international airport. “Awarding the contract for the design of our airport…

    • November 1, 2019
    • Third Annual Future Investment Initiative Opens in Riyadh

    • Future Investment Initiative (FII), third edition opened in Riyadh on Tuesday under the patronage of King Salman bin Abdulaziz and chairmanship of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense. The three-day event will be attended…

    • October 31, 2019