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Tag: JEDDAH

Companies

PwC Seeks to Restore Relationships with PIF After Advisory Suspension

March 4, 2025March 4, 2025 - by Marcus Chen - Leave a Comment

PwC has been temporarily banned by Saudi Arabia’s Public Investment Fund (PIF) from securing advisory contracts until February 2026 due to compliance and governance concerns. The ban affects various consulting …

PwC Seeks to Restore Relationships with PIF After Advisory Suspension Read More
Global news

Saudi Arabia Condemns Unlawful Actions in Sudan and Calls for National Unity

February 28, 2025February 28, 2025 - by Carmen Mendez - Leave a Comment

Saudi Arabia has condemned unlawful actions in Sudan, rejecting initiatives outside formal institutions that threaten national unity. The Kingdom urges Sudanese parties to prioritize the nation’s interests and emphasizes its …

Saudi Arabia Condemns Unlawful Actions in Sudan and Calls for National Unity Read More
Global news

Saudi Arabia Condemns Unlawful Actions in Sudan and Supports National Unity

February 28, 2025February 28, 2025 - by Sofia Nawab - Leave a Comment

Saudi Arabia has condemned unlawful actions in Sudan that threaten national unity and does not support calls for a parallel government. The ministry has urged Sudanese factions to focus on …

Saudi Arabia Condemns Unlawful Actions in Sudan and Supports National Unity Read More
Business / Technology

Saudi PIF Temporarily Bans PwC from Advisory Services

February 28, 2025February 28, 2025 - by Sofia Nawab - Leave a Comment

The Saudi Public Investment Fund has suspended PwC from advisory roles for a year without clear explanation. This follows PwC’s establishment of significant operations in the kingdom, where it has …

Saudi PIF Temporarily Bans PwC from Advisory Services Read More
Technology

Saudi Businesses Innovate for Ramadan Demand with New Offerings

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

As Ramadan approaches, Saudi businesses are experiencing increased demand, launching new products and marketing campaigns. Amazon introduced “Ramadan Boxes,” while local retailers report significant sales boosts. Online shopping has surged, …

Saudi Businesses Innovate for Ramadan Demand with New Offerings Read More
Technology

Businesses Prepare for Increased Demand During Ramadan in Saudi Arabia

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Businesses across Saudi Arabia are preparing for Ramadan with new products and increased marketing efforts. There is heightened demand for essential items, especially in e-commerce and retail. Hotels are enhancing …

Businesses Prepare for Increased Demand During Ramadan in Saudi Arabia Read More
economics

Egypt Announces Significant Wage Hike and Social Support Package

February 27, 2025February 27, 2025 - by Marcus Chen - Leave a Comment

Egypt plans to raise the minimum wage to EGP7,000 ($139) for public sector employees beginning July 2024. This increase is part of a larger EGP200 billion social support package aimed …

Egypt Announces Significant Wage Hike and Social Support Package Read More
Global news

Human Rights Concerns Surround Extradition of Egyptian Citizen from Saudi Arabia

February 25, 2025February 25, 2025 - by Liam Nguyen - Leave a Comment

Ahmed Kamel, an Egyptian citizen, is at risk of extradition from Saudi Arabia to Egypt, where he faces potential torture and arbitrary detention. He was detained in Saudi Arabia following …

Human Rights Concerns Surround Extradition of Egyptian Citizen from Saudi Arabia Read More
Global news

Trump Proposes Saudi Arabia as Venue for Talks with Putin on Ukraine

February 13, 2025February 13, 2025 - by Marcus Chen - Leave a Comment

Donald Trump announced the possibility of a meeting with Vladimir Putin in Saudi Arabia to discuss the Ukraine war. This venue was chosen due to the leaders’ relationships with Crown …

Trump Proposes Saudi Arabia as Venue for Talks with Putin on Ukraine Read More
Business / economics

Saudi Arabia Enhances Real Estate and Infrastructure for Tourism and Residents

January 28, 2025January 28, 2025 - by Allegra Nguyen - Leave a Comment

Saudi Arabia is accelerating real estate and infrastructure efforts to meet growing demands in Asir and Makkah, aiming to enhance quality of life and attract investments as part of Vision …

Saudi Arabia Enhances Real Estate and Infrastructure for Tourism and Residents Read More

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