Tag Archives: Riyadh

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

Riyadh Air, the formidable new startup airline wholly owned by  the PIF (Public Funding Fund), Saudi Arabia’s sovereign wealth fund, introduced the profitable closing of its inaugural self-arranged Islamic Revolving Credit score Facility  amounting to SAR 3.0 billion. The ability additionally features a dedicated accordion possibility for an  extra SAR 2.0 billion. The one-year, unsecured […]

Riyadh Air introduces Kingdom of Saudi Arabia’s first 47 seat electric coach in commitment to sustainability

Riyadh Air introduces Kingdom of Saudi Arabia’s first 47 seat electric coach in commitment to sustainability

  Riyadh Air, Saudi Arabia’s new digitally native airline is totally dedicated to sustainable aviation practices and at present launched the primary in a fleet of electrical coaches for worker transport. These efforts replicate the service’s agency dedication to undertake all 17 of the United Nations Sustainable Improvement objectives having signed as much as the […]

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