Nomu sees 167 negotiated deals worth SAR 416.6M in H1 2025
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Arab News
36 minutes ago
- Arab News
St. Regis Riyadh's GM wins Hotelier Middle East award
The St. Regis Riyadh has announced that their General Manager Marina Krasnobrizhaya has been awarded GM of the Year — Luxury Properties, Middle East by Hotelier Middle East, marking a defining moment in the hotel's remarkable journey of excellence and recognition. Since its grand opening, The St. Regis Riyadh has reimagined luxury hospitality in the Kingdom — seamlessly blending the storied legacy of the St. Regis brand with the cultural richness of Saudi Arabia. From its bespoke guest rituals to its refined design and exceptional dining venues, the hotel has become a symbol of elegance, sophistication, and modern prestige. Under Krasnobrizhaya's dynamic leadership, the hotel has emerged as one of the most celebrated properties in the region, earning multiple prestigious industry accolades, including: Best Luxury Hotel in Riyadh, Best New Business Hotel, Best Lounge in Riyadh for the iconic Stella Sky Lounge, and Best Afternoon Tea in the City, a tribute to The St. Regis signature ritual, elegantly reinterpreted in Riyadh. 'Each award reflects the hotel's deep commitment to curating unforgettable experiences, blending international standards with local artistry and spirit,' a press statement said. 'Whether it's an elevated business stay, a sunset at Stella Sky Lounge, or the celebrated afternoon tea in The Drawing Room, every detail is thoughtfully designed to honor the brand's heritage while resonating with today's sophisticated traveler.' 'Krasnobrizhaya's recognition by Hotelier Middle East is a testament to her visionary leadership and relentless drive to foster a culture of excellence. Her role has been instrumental in positioning The St. Regis Riyadh as a flagship of luxury in the Middle East and a benchmark for service innovation in Saudi Arabia's hospitality landscape,' the hotel said. 'As The St. Regis Riyadh continues to shape the capital's luxury narrative, this award marks not only an individual achievement but a collective triumph for the entire team that brings the brand's legendary legacy to life each day.' Located in the heart of the capital, the hotel is a landmark of modern elegance and Arabian grandeur. With its signature butler service, immersive rituals, and a dedication to exceptional service, the hotel is redefining luxury for the Kingdom's new era.
Argaam
37 minutes ago
- Argaam
Morgan Stanley Saudi Arabia to act as market maker for 38 Nomu stocks
The Saudi Exchange (Tadawul) approved today, July 2, Morgan Stanley Saudi Arabia's request to conduct market-making activities on 38 companies listed on the Nomu-Parallel Market, starting July 3. Tadawul noted that Morgan Stanley Saudi Arabia will adhere to the existing market-making rules and procedures. The Tadawul-listed companies are Bank AlJazira, BSF, Arab National Bank (ANB), Saudi Steel Pipe, Seera Group Holding, Al Mawarid Manpower, SABIC Agri-Nutrients, Marafiq, Saudi Arabian Amiantit, Tanmiah Food, United Electronics, United International Holding, Red Sea International, CATRION, National Agricultural Development, Allied Cooperative Insurance Group, Anaam International Holding Group, Al-Rajhi Company for Cooperative Insurance, and CHUBB Arabia Cooperative Insurance. In Nomu, the companies under coverage are Arabian United Float Glass, Arabian Plastic Industrial, Al-Razi Medical, Sama Healthy Water Factory, Qomel, Sure Global Tech, Academy of Learning, Watani Iron Steel, Ghida Alsultan for Fast Food, Tam Development, Yaqeen Capital, Lana Medical, Al-Modawat Specialized Medical, Enma AlRawabi, Mohammed Hasan AlNaqool Sons, Balady Poultry, Alfakhera for Mens Tailoring, and Arabica Star .
Argaam
38 minutes ago
- Argaam
Al-Jasser breaks ground on Jeddah logistics corridor project
Minister of Transport and Logistics Services and Chairman of the Saudi Ports Authority (MAWANI) Saleh Al-Jasser broke ground today, July 2, on the Jeddah logistics corridor project, linking Jeddah Islamic Port and Al-Khumra Logistics Zone. The project, signed by MAWANI at a value exceeding SAR 689 million, aims to implement a direct link between Jeddah Islamic Port and Al-Khumra Logistics Zone, via a 17-km route dedicated for trucks, according to a statement by the authority. The corridor features two lanes in each direction and 12 suspension bridges. This should help reduce traffic congestion across the region, eliminating the need for using intercity transportation. This initiative is bound to boost Jeddah Islamic Port's operational capacity by 10%. Supporting supply chain operations, developing infrastructure, facilitating the movement of goods and containers, and bolstering operational efficiency are also among the key upsides. In addition, it will contribute to the introduction of new investment opportunities in the region, said Al-Jasser. According to data available with Argaam, MAWANI signed, in 2023, an agreement with Jeddah Chamber to establish an integrated logistics zone in Khumrah, southern Jeddah, at an investment value of nearly SAR 1 billion. Khumrah Logistics Zone, spanning 10 million square meters, is slated to be one of the biggest logistics zones along the Red Sea coast.
