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The Olayan Group is a Saudi group of companies founded by Suleiman Al-Olayan in 1947. It started as a road transport company working in the field of building tape lines in Saudi Arabia. It expanded its activity with the oil boom to include restaurants, the food industry, the paper industry,…
The Saudi Olayan family owns a great history that entails its establishment and appearance, and a futuristic present that paves the way to an unprecedented boom in its activities across the World. The group started in the spice trade, about a hundred years ago, then turned to foodstuffs. Over…
Saudi Arabia won the right to host the Exceptional Posts Conference 2023 in a recent meeting of the General Committee of the Universal Postal Union’s Board of Directors. At this conference, postal sector actors from 192 countries discussed the union’s opening to them. The victory demonstrates the Kingdom’s…
Russian President Vladimir Putin said Thursday that HRH Saudi Crown Prince Mohammed bin Salman is a “firm young leader who deserves respect.” This came in light of the United States accusing Saudi Arabia of siding with Russia, following the decision of “OPEC Plus” to reduce oil production. “(The Crown Prince)…
The “Horror Weekend” event, one of the activities of the Riyadh season in Riyadh City Boulevard, witnessed a heavy presence to witness the atmosphere of Hollywood horror films. The participants wore terrifying costumes during the event, amplified by the sound effects and decorations that formed the area. The costumes worn…
Saudi Arabia has recently held the Future Investment Initiative (FII) conference, which has become an annual event in which leaders of political and business thought and innovators gather. They all come together to promote the business environment’s attractiveness after successive capital inflows in the first edition of this global event.…
The Saudi Minister of Finance confirmed that Saudi Arabia is mobilizing development institutions to ensure support for the countries of the affected regions. During his participation in the Future Investment Initiative (FII), Wednesday in Riyadh, Muhammad Al-Jadaan said that many countries are exposed to debt and inflation crises and we…
Pakistani Prime Minister Muhammad Shahbaz Sharif described the meeting with Saudi Crown, HRH Prince Mohammed bin Salman as fruitful to raise the level of relations and take them to new horizons according to the changing requirements of the world. Sharif said: “A fruitful meeting brought me together with His Royal…
The third and final day of the Future Investment Initiative (FII) in Riyadh, currently held at the King Abdulaziz Conference Center in Riyadh, kicked off its first session entitled “Transforming Banking and Investment Businesses for a Resilient Economy,” during which the CEO of the Export-Import Bank, Eng. Saad bin Abdulaziz…
HRH, Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, and Prime Minister announced that the Saudi Public Investment Fund (PIF) will establish 5 regional investment companies in Jordan, Bahrain, Sudan, Iraq, and the Sultanate of Oman. This came after the launch of the Saudi Egyptian Investment Company, where…
