Stay updated with breaking news from Olayan Financing Co. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
SAO PAULO: Brazil sent its biggest ever delegation to the Middle East’s largest food and beverage trade fair this year. From Feb. 19-23, 117 Brazilian companies conducted business with buyers from all over the world at the 29th edition of Gulfood in Dubai. Andre Muller, agribusiness manager at the Brazilian Trade and Investment Promotion Agency, told Arab News: “This year...
RIYADH: International travel in the Gulf region is set to boost as Saudi Arabia and Oman have initiated discussions on initiatives for developing joint tourism programs. In a virtual committee meeting for activating the Saudi-Omani partnership in the field of tourism, officials from both countries expressed a strong commitment to enhancing cooperation in the sector. According to the Saudi Press...
RIYADH: Saudia, formerly Saudi Airlines, is among the dozen firms bidding for 2 million tons of carbon credits at an auction in Nairobi on Wednesday, billed as the world’s largest sale of its kind. The auction in the Kenyan capital was organized by the Regional Voluntary Carbon Market Co., founded by the Public Investment Fund and Saudi Tadawul Group. RVCMC CEO Riham ElGizy
RIYADH: The International Islamic Trade Finance Corp. has successfully bid for the Saudi Public Investment Fund’s Voluntary Carbon Market Initiative Auction that resulted in 1.4 tons of carbon credit during the 6th edition of the Future Investment Initiative in Riyadh last week. A member of the Islamic Development Bank Group, ITFC was among 15 other Saudi and regional entities
RIYADH: Saudi Arabia’s Public Investment Fund auctioned off 1.4 million tons of carbon credits during the 6th edition of the Future Investment Initiative conference in Riyadh. As many as 15 Saudi, as well as regional, firms participated in what has been labeled as the biggest ever carbon credit sale, according to a statement. Carbon credits allow companies to emit a specific