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Business

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Apple to open outlet in Riyadh

Customers shop at The Apple Store at the Towson Town Center mall, Maryland. (AFP)
By TRENDS Desk
August 9, 2022 10:19 am
  • The Saudi investment minister Khalid Al-Falih told media that said several international companies, including Google, Alibaba, Microsoft and IBM, intend to invest in the kingdom
  • The minister said that investments will be coupled with the development of human resources through partnership of these companies with academies, universities and training centers

Apple will open a center for the sale of its products and spare parts in the logistics zone at King Khalid International Airport in Riyadh.

Speaking to the media, the Saudi investment minister Khalid Al-Falih said several international companies, including Google, Alibaba, Microsoft and IBM, have invested or intend to invest in the Kingdom.

These investments will be coupled with the development of human resources through partnership of these companies with academies, universities and training centers, he added.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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