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Numbers of a site specialized in following up the deepest of the Saudi stock market trading with an in -depth coverage of petrochemical companies and prices

News

Title: Riyadh Air Partners with Saudi Sats for Cargo Services

by Chief editor of world-today-news.com August 19, 2025
written by Chief editor of world-today-news.com

Riyadh Air and Saudi Sats ‍forge Strategic Partnership for air ‌Cargo Operations

Table of Contents

  • Riyadh Air and Saudi Sats ‍forge Strategic Partnership for air ‌Cargo Operations
    • elevating Air cargo Capabilities
      • leveraging ‌Global Networks and ‍Advanced Technology
    • Supporting Saudi Vision 2030
      • Key Partnership⁤ Details
      • Frequently Asked​ Questions

RIYADH – Riyadh Air, Saudi Arabia‘s⁤ newest national airline,‍ has announced a landmark five-year strategic partnership with Saudi Sats, a subsidiary of SATS Group Ltd.,to revolutionize integrated shipping services across the Kingdom’s key airports.This collaboration aims to establish Riyadh as​ a pivotal global air logistics‍ hub, directly‌ supporting Saudi⁣ Vision 2030.

elevating Air cargo Capabilities

Under⁣ the ⁢agreement, saudi Sats will manage all shipment handling operations⁤ at Riyadh Air’s ‍dedicated airport operations center at King Khalid⁣ International Airport (RUH) in Riyadh. The partnership extends to provide support for shipping operations at King Fahd⁤ International ‌Airport (DMM) in ‍Dammam and King Abdulaziz International Airport (JED) in Jeddah. This expansion signifies ‍a commitment to seamless cargo movement ‌throughout Saudi Arabia.

Saudi Sats will operate‍ a state-of-the-art, 60,000-square-metre shipping facility at King ⁣Khalid International Airport.This facility will feature specialized handling capabilities for sensitive cargo,including pharmaceuticals,e-commerce goods,high-value items,dangerous materials,and live animals. ‍

Did you know? ‍

The ‌global air cargo industry is projected to reach $219.7 billion by 2027, according to a⁤ report by Mordor⁢ Intelligence, highlighting the ​strategic importance of this partnership.

leveraging ‌Global Networks and ‍Advanced Technology

This partnership grants Riyadh Air access to‌ the SATS Global Network, encompassing‌ 225 stations and a network⁣ of over 250​ airline and​ shipping agent partners. This expansive network ​will facilitate streamlined cargo⁤ connections worldwide. The operations​ will be overseen⁣ by an integrated control and security center, leveraging SATS’ extensive experience in global center management.

To optimize efficiency,⁤ Saudi Sats will ‌implement the ​COSYS+ advanced shipping management system. This ⁢system enables real-time tracking,data-driven ⁢decision-making,and utilizes smart‌ digitization technologies for paperless truck management. The infrastructure is ‌designed for scalability, accommodating Riyadh Air’s long-term growth‌ aspirations in the air cargo sector.

Pro⁤ Tip:

‌Utilizing advanced shipping management systems like COSYS+ can reduce cargo handling times⁣ by up to⁢ 20%, improving overall supply chain efficiency.

Supporting Saudi Vision 2030

The collaboration is projected to⁤ facilitate the handling‌ of 4.5 million tons of air cargo annually, directly contributing to the goals of Saudi Vision ‌2030.This initiative aims to diversify the Saudi economy and position⁤ the Kingdom as a leading global logistics hub. The partnership underscores Riyadh⁤ Air’s dedication to enhancing its competitive ‌edge and delivering world-class⁣ shipping services.

Key Partnership⁤ Details

Partner Role Duration Key Airports
Riyadh Air National Carrier of Saudi Arabia 5 Years King Khalid International Airport (RUH)
Saudi Sats Integrated Shipping Services Provider 5 Years King Khalid, King⁣ Fahd, King Abdulaziz Airports

According to industry analysis, efficient air cargo infrastructure is ⁤crucial for‍ economic growth, facilitating trade ‌and supporting various industries [[1]]. This partnership is a strategic move to capitalize ⁢on the growing​ demand for air ⁢cargo services in the region.

What impact do you‍ foresee this partnership having on the growth of e-commerce in Saudi Arabia? How will this ​initiative contribute to the Kingdom’s broader economic diversification goals?

The air cargo industry is undergoing a meaningful transformation, ⁣driven ⁤by factors such as ⁢the growth of⁢ e-commerce, ⁢increasing demand for temperature-controlled transportation, and the need for greater supply chain visibility.saudi Arabia is strategically⁣ positioned to capitalize on these trends, given its geographic location and enterprising economic growth plans.Investments in infrastructure, technology, and partnerships like the one ‌between ‍riyadh Air and Saudi Sats are ⁤essential ‌for realizing the ⁢Kingdom’s vision of becoming a global⁣ logistics hub.

Frequently Asked​ Questions

  • What is the primary goal of the Riyadh Air ‍and⁤ Saudi Sats partnership? to establish riyadh as a global air cargo hub and⁣ support ⁢Saudi Vision​ 2030.
  • Which airports will be covered by this​ partnership? King⁣ Khalid ⁢International​ Airport, King Fahd International Airport, and King Abdulaziz International Airport.
  • What technologies will be used ‍to enhance shipping efficiency? The COSYS+ advanced shipping ⁣management ‌system will be implemented.
  • How large is the new shipping facility at King Khalid International ‌Airport? ​ The facility spans‌ 60,000 square meters.
  • What⁤ types of cargo will be handled at the specialized facility? Pharmaceuticals, e-commerce goods, ⁤high-value items, dangerous materials, and live animals.

We⁤ invite you to share your thoughts on this exciting development in the comments below. Don’t forget to subscribe to our newsletter for the ‍latest updates on global ​logistics and aviation news!

August 19, 2025 0 comments
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News

Title: Damascus Stock Exchange: Saudi Arabia Prepares for Investment Study

by Chief editor of world-today-news.com August 18, 2025
written by Chief editor of world-today-news.com

Saudi Arabia ⁤to Study Damascus Securities Market as‌ Investment Ties⁣ with Syria ⁣Strengthen

Table of Contents

  • Saudi Arabia ⁤to Study Damascus Securities Market as‌ Investment Ties⁣ with Syria ⁣Strengthen
    • Strengthening‍ Economic Bonds
    • real ⁣Estate and Investment Funds
      • Key Agreements⁢ and Initiatives
    • Context and Implications
      • Frequently Asked Questions

Riyadh – Saudi Arabia is actively ⁤preparing for a comprehensive assessment of establishing ⁢and operating the Damascus Securities Exchange,‌ signaling a⁢ significant step toward bolstering economic cooperation‌ with Syria. This progress coincides with an impending agreement to encourage and protect mutual investments, slated for signing ⁤in⁣ Riyadh today.

Strengthening‍ Economic Bonds

Khaled Al-Falih, Saudi Arabia’s‍ Minister of⁤ Investment, announced the⁢ feasibility⁢ study during the opening of the Saudi-Syrian roundtable ⁣discussions. he emphasized ‍the remarkable progress made ⁣in recent agreements,‍ highlighting the Ministry of Investment’s commitment to overcoming economic challenges in Syria.

Pro Tip: Understanding the geopolitical context ⁣is crucial when analyzing investment decisions in regions undergoing reconstruction.

Al-Falih further stated that the Ministry of Investment is supporting ​a private sector-led study to establish a saudi Investment funds Fund in Syria. This ⁤fund aims to provide a ⁢systematic framework ‍for investment, aligning with the shared objectives of both nations and accelerating growth and sustainability. The ⁣initiative​ seeks to generate substantial investment volumes to meet Syria’s ‍evolving needs.

real ⁣Estate and Investment Funds

Progress is already evident in ⁣the real estate sector, with projects​ agreed upon ​during the Saudi-Syrian Forum now operational. Officials anticipate tangible results in the near future. This collaborative effort underscores a strategic shift‌ towards ​rebuilding and⁤ revitalizing Syria’s economy.

Key Agreements⁢ and Initiatives

Initiative Details Status
Damascus Securities Exchange Study Feasibility assessment for⁣ establishment and operation. Planning underway
Mutual Investment Agreement Agreement to encourage and protect investments. Scheduled for signing in ⁢Riyadh
Saudi Investment Funds Fund Private sector-led study for fund establishment. Supported by the Ministry of Investment
Real Estate Projects Projects from the saudi-Syrian Forum. Operational

Did You Know? Syria’s ‌economic landscape has been substantially impacted by years of ⁢conflict, creating both ‍challenges and opportunities for foreign investment.

Context and Implications

This renewed focus​ on‍ economic collaboration between⁣ Saudi Arabia and Syria reflects⁢ a broader regional trend toward normalization⁢ and reconstruction. ​​ The move ⁤aligns with Saudi Arabia’s⁣ broader investment strategy, which seeks⁤ to diversify its portfolio and capitalize on emerging market opportunities. According ⁤to the World Bank, foreign direct⁢ investment is critical for post-conflict reconstruction and‌ sustainable economic ​growth (World ⁢Bank, Fragility,⁣ Conflict, and Violence).

What impact will this ⁣investment ⁤have on Syria’s long-term economic stability? How ⁢will these initiatives address the humanitarian needs⁤ of the ​Syrian people alongside economic development?

The relationship between Saudi Arabia and Syria has ⁣historically been complex, marked by periods of cooperation and tension.Recent diplomatic shifts have paved the way for increased​ engagement, driven ‍by shared​ interests in regional stability ⁢and economic ​growth. The reconstruction ⁤of Syria presents a massive⁣ undertaking,requiring significant investment in infrastructure,healthcare,and education. Successful implementation of these ⁢initiatives will⁤ depend on addressing security concerns and fostering a conducive investment climate.

Frequently Asked Questions

  • What is the primary goal of the Saudi ‍investment in⁢ Syria? To​ foster ‌economic growth and ⁤stability through strategic investments ​in key sectors.
  • What is the status of the agreement to protect mutual‍ investments? The agreement is scheduled to be signed today ⁣in Riyadh.
  • What role⁤ will the private sector play⁣ in these initiatives? The private sector is leading the study for the Saudi Investment funds Fund.
  • What specific projects are ⁣included in the real estate sector collaboration? Details of specific projects were not disclosed,⁣ but they are reportedly already operational.
  • How does this align with Saudi​ Arabia’s broader investment strategy? It diversifies the portfolio and capitalizes on emerging ⁣market opportunities.

We invite you to share your thoughts on this developing⁢ story ​in the comments below. Don’t forget to subscribe to our newsletter for the latest updates ​on‌ global economic trends and investment opportunities.

August 18, 2025 0 comments
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Business

Analysts explain to the numbers of the reasons for the decline in the Saudi market and their expectations for the coming period

by Priya Shah – Business Editor August 18, 2025
written by Priya Shah – Business Editor

Here’s a breakdown of ⁣teh facts provided, ‌focusing on⁢ key data and insights:

1. ‍Financial Data Table:

The table presents a​ comparison of ‌financial figures, ‌likely for two periods⁣ (though ⁢the periods aren’t ​explicitly stated, it’s‌ implied to be a comparison, possibly year-over-year or ‌quarter-over-quarter).

Row 1:‍ Net Profits:
Current Period:⁢ 41.71
‍
Previous Period: 38.29
Change: -8% (indicated ​in red)
Row 2: Collected Profits (Except‍ for exceptional Items):
‍ Current‌ Period: 40.84
⁤
⁣ Previous Period: 43.95
⁤ ⁢
Change: +8% (indicated​ in green)

2.Key Quotes &⁤ Analysis from Abdel-Latif Al-Saif (Seventy Investment Company CEO):

Market ‌Reaction: The​ Saudi financial market didn’t react positively to the second-quarter results. Reasons for ‌Negative Reaction:
Lower‍ Overall Profits: Market profits​ were down ‍compared to the‌ previous year, particularly in energy and petrochemicals.
‌ ⁣ ‍
Disappointing New Listings: Newly listed companies didn’t meet growth expectations.
‌
External factors: ​ Trade tensions and oil price fluctuations negatively impacted the market.
‍
Low Trading Volume: Reflects weak‌ investor ‍confidence. Competing Investments: Debt instruments and murabaha (Islamic financing) offer attractive returns, reducing the ‍appeal of⁢ stocks.
⁢
Capital Outflow: Some investors are shifting funds to external​ markets, specifically the US ​market.

3. Image⁢ Captions:

Image 1: ​Abdul Latif Al-Saif, ⁢Founder and CEO of‍ Seventy Investment Company.
‌ Image ‌2: Tariq‍ Fadlallah, CEO of Nomura⁣ Asset Management – Middle East. (No information is provided about his views ​in this excerpt.)

in summary: ⁤The⁢ excerpt ​details a somewhat pessimistic outlook⁢ on the Saudi financial market. While collected profits⁢ (excluding exceptional ​items) increased by 8%, net profits decreased by 8%. ‌Al-Saif attributes this to a⁣ combination of internal and ​external factors,including lower ⁤sector performance,disappointing new listings,global economic concerns,and competition from choice investments.

August 18, 2025 0 comments
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Health

National Medical Care Expands Al-Rawabi Hospital Capacity to 360 Beds

by Dr. Michael Lee – Health Editor August 11, 2025
written by Dr. Michael Lee – Health Editor

Riyadh, Saudi Arabia – Rawabi Care Hospital announced today a significant expansion of its capacity following a triumphant hospital renewal project. The move aims to address growing healthcare demands in the region and enhance service offerings.

The expansion builds upon improvements made during the recent hospital renewal, which focused on optimizing the use of existing space to boost operational efficiency. This optimization directly enabled the increase in the hospital’s bed capacity. Prior to the expansion, Rawabi Care Hospital operated with 325 beds.


Expected outcomes of the expansion, as outlined in a statement to the Tadawul stock exchange, include:


– Increased revenue generation through an expanded ability to serve a larger patient base.


– Improved access to high-quality healthcare services, addressing the evolving needs of the community.


– Enhanced market competitiveness through elevated service standards and increased patient capacity.


Hospital leadership emphasized a commitment to patient-centric, high-quality care, responsible resource management, and a forward-looking vision for lasting growth.Rawabi Care Hospital is a key provider within the growing private healthcare sector in Saudi Arabia, contributing to the Kingdom’s Vision 2030 goals of improving healthcare access and quality for its citizens.

August 11, 2025 0 comments
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Business

The largest country of the world is the possession of gold .. Saudi Arabia is the first in the Arab world

by Priya Shah – Business Editor August 10, 2025
written by Priya Shah – Business Editor

Gold Market Update: Q2 2025 Sees Supply Rise Amidst Demand Dip

London, UK – July 29, 2025 – The global gold market experienced a dynamic second quarter, with supply increasing while demand softened, according to recent data released by the World Gold Council. Total global gold supply reached 1249 tons, marking a 6% increase quarter-over-quarter and a 3% rise year-over-year. This growth was primarily fueled by a surge in mining production, which climbed to 908.6 tons – a 9% increase compared to the previous quarter and a 1% increase annually.key mining regions contributing to this increase include Australia, Canada, and Ghana.

Supply Breakdown

The increase in mining production reflects ongoing investments in exploration and operational improvements by major gold producers like Newmont Corporation and Barrick Gold. Recycling also contributed to the overall supply, though to a lesser extent. The World Gold Council noted that increased geopolitical tensions and economic uncertainty initially supported gold prices,but this effect was offset by the demand slowdown.

Demand Slowdown

despite an annual increase of 10%, global gold demand decreased to 1079 tons in the quarter ending June, representing a 17% decline quarter-over-quarter. This decrease was primarily driven by reduced demand in two key sectors: jewelry and industrial applications.Demand for gold jewelry experienced a significant downturn in India and china, traditionally the largest gold-consuming nations, due to factors including fluctuating currency exchange rates and seasonal buying patterns.Industrial demand also saw a decline, impacted by a slowdown in the electronics sector. Notably, central bank purchases, which have been a significant driver of gold demand in recent years, slowed considerably during the quarter. The People’s Bank of China, a major gold buyer, reduced its acquisitions, contributing to the overall decrease.

Looking Ahead

Analysts predict that the gold market will remain sensitive to macroeconomic factors, including inflation, interest rate policies of the US Federal Reserve and the European Central Bank, and geopolitical developments. The World Gold Council anticipates continued volatility in the short term, with potential for demand to recover in the second half of 2025 if economic conditions improve and central bank buying resumes. The price of gold currently hovers around $2300 per ounce as of july 29, 2025.

Source: World Gold Council

August 10, 2025 0 comments
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News

Saudi Tadawul Market Rule Amendments: Expanding Investor Qualifications

by Chief editor of world-today-news.com August 7, 2025
written by Chief editor of world-today-news.com

Riyadh, Saudi Arabia – July 28, 2024 – The Saudi Tadawul Group is proposing new regulations requiring specific personnel within companies listed on the parallel market too hold an internationally recognized professional certificate in securities business. This move,announced today,aims to enhance corporate governance and investor protection within the Kingdom’s capital markets.

The proposed amendments, currently in a public consultation phase, mandate certification for members of the Board of Directors and those serving on specialized committees reporting directly to the Board within parallel market-listed companies. The Saudi Exchange (Tadawul) also reserves the right to extend this requirement to other individuals as deemed necessary by the commission.

Currently,the parallel market,known as Nomu,caters to smaller and emerging companies seeking to list with less stringent requirements than the main Tadawul market.This proposed change signals a move towards aligning standards across both markets and bolstering confidence in the Nomu platform. The specific certificates considered “internationally recognized” have not yet been defined, leaving room for industry input during the consultation period.

The Saudi Tadawul Group is soliciting feedback from interested parties and stakeholders until August 19, 2025. All submissions should be directed to pubic.consultation@tadawulgroup.sa.

Tadawul officials have stated that all received opinions and observations will be carefully reviewed and considered in the finalization of the regulatory framework. This public consultation process is a standard practice for the Saudi Exchange when introducing meaningful changes to market regulations.

Draft Modifications Document

August 7, 2025 0 comments
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