Jordanian ambassador, Council of Saudi Chambers hold economic relations talks

Secretary General of the Council of Saudi Chambers Omar Bahlaiwa recently met with Jordanian Ambassador to Saudi Arabia Jamal Al Shamayleh to discuss new approaches for improving the economic cooperation between the two countries. Al Shamalyeh emphasized that there have been positive outcomes from the discussions between King Abdullah II and King Salman. Read More »

Sustainable science and technology focus of Saudi minister trip to King Abdulaziz City for Science and Technology

Saudi Arabia Minister of Energy, Industry and Mineral Resources Khalid Al-Falih met recently with King Abdulaziz City for Science and Technology (KACST) President Turki bin Saud bin Mohammed Al Saud at KACST headquarters in Riyadh. Al Saud and several of KACST’s top ranking officials and researchers met with Al-Falih to review some of the most important research projects by KACST. Read More »

Dubai's Pegasus Agriculture issued Shariah compliant certificate

The Shariah Supervisory Board (SSB) issued a certificate to Dubai-based hydroponic experts Pegasus Agriculture non June 3.The certificate allows Pegasus Agriculture to promote their Hydroponic Investment Product as Shariah compliant. The SSB reviewed all of Pegasus Agriculture's contracts, literature, and associated processes before making the official announcement of the certificate. Read More »

Leaders discuss importance of Italy, Saudi Arabia business exchanges

The Italian Ambassador to Saudi Arabia, Luca Ferrari, met with the Chairperson of the Council of Saudi Chambers (CSC) Dr. Abdulrahman Al Zamil at Zamil’s office to discuss different ways the two countries can work together to strengthen their economic and trade partnerships. Acting Secretary General of CSC Eng. Omar Bahlaiwa also attended the meeting. Read More »

Council of Saudi Chambers, Senegal commerce minister discuss economic alliance

Council of Saudi Chambers of Commerce and Industry (CSC) Chairman Abdulrahman Al Zamil recently met with Alioune Sar, who serves as Senegal’s commerce minister, to consider economic relations between the two nations. Sar said that Senegal’s newly-approved social and economic development plan encompasses potential private sector growth in Saudi Arabia and Senegal. Read More »

Saudi Telecom extends Intelsat partnership to expand broadband services

Riyadh-based Saudi Telecom Company (STC) has extended its partnership with Intelsat S.A. with a contract to deliver satellite services on Intelsat 15, situated at 85.15 degrees east. The agreement enables STC to expand services and develop networks in banking, government and energy sectors throughout Saudi Arabia and furthers its existing business relationship with Intelsat. Read More »

Bangladesh minister of commerce explores bilateral trade options with Saudi Arabia

Bangladesh Minister of Commerce Tufail Ahmed met recently in Riyadh with Council of Saudi Chambers (CSC) Chairperson Abdulrahman Al Zamil and other chamber personnel in order to develop avenues of commercial trade between the two nations. Al Zamil conveyed the CSC’s willingness to further develop existing ties, stating that Saudi investors have a strong interest in Bangladesh. Read More »

Saudi Hollandi Bank honored for customer, retail services

Saudi Hollandi Bank (SHB) recently earned accolades from the Middle East’s foremost authority on strategic business intelligence, The Asian Banker, for its loyalty rewards program, updated CRM system and high level of retail service. SHB won Best Retail Bank for the Kingdom of Saudi Arabia and Best Customer Relationship Management (CRM) in the Middle East for 2016. Read More »

Islamic Corporation for the Development of the Private Sector adds to sukuk listings

Islamic Corporation for the Development of the Private Sector (ICD) CEO Khaled Al Aboodi marked the listing of a $300 million sukuk on the Nasdaq Dubai by ringing the opening bell for the market on April 25. ICD functions as the private branch for Islamic Development Bank (IDB) Group, which currently holds seven additional sukuk worth approximately $8.05 billion. Read More »

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