INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Saudi ministry signs hospitality, catering MoUs with 3 firms

Three MoUs were signed at Expo Hajj 2023. (SPA)
  • The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company.
  • The investment ministry is keen to attract investments and enhance their flow into the national economy in various sectors, SPA reported.

Riyadh, UAE—Saudi Arabia’s Ministry of Investment has signed MoUs with three companies to develop and market investments in hospitality, tourism, catering services and entertainment activities besides cooperation in operating residential and commercial complexes.

The MoUs were signed with Kadana Company, Lifestyle Development Company and Jusoor Al-Khaleej Company at the Hajj and Umrah Services Conference and Exhibition “Expo Hajj 2023”, which is being held by the Ministry of Hajj and Umrah from Jan 9 – 12 in Jeddah.

The investment ministry is keen to attract investments and enhance their flow into the national economy in various sectors, SPA reported.

The ministry also provides investors the opportunity to learn about the promising opportunities for sectors and the advantages and incentives offered by it.