JABEEN signs contracts with Retal, Abyatna
The firms will build primary and secondary infrastructure works.
Business
International migration flows to OECD countries at record highs in 2022
Paris, UAE -- Permanent migration to OECD countries reached 6.1 million in 2022, a 26 percent increase compared with 2021,...
Geostrategy
Unemployment in Saudi Arabia drops, more women enter workforce
Labor force participation rate for women rose to 33.6% in Q1 2021 94 percent of the unemployed open to taking...
Saudi Arabia to build foot-and-mouth disease vaccine manufacturing plant
MAS Company has signed $60m deal with an Argentinian company Country’s pharmaceutical drugs market estimated to be worth $10.19b in...
Fitness Time to unveil a women-only gym facility in Riyadh
The low-cost gym will not have a swimming pool The country has eased restrictions for women over the past few...
Qatar’s Ahli Bank looks to raise up to $500 million via bonds
The bank is bucking the trend of Additional Tier 1 bond issued There have been relatively few senior bond sales...
Iran rights council member: executing child offenders not a rights violation
Authorities say they try to convince victims' families to pardon death row offenders UN rights chief Michelle Bachelet had said...
Etihad to continue with ‘Verified To Fly’ travel platform
Abu Dhabi – Etihad Airways will continue to use the 'Verified To Fly' platform, which allows travelers to validate their Covid-19...
Saudi Arabia is 2nd in Global Cybersecurity Index
The kingdom also ranked first in the Arab world, Middle East, Asia Cybersecurity authority said it would continue efforts to...
Saudi Arabia plans new national airline
New carrier would push SA into the 5th rank globally in terms of air transit traffic The move is part...
Palestinian Authority silencing dissent: Activist
Rights activist Nizar Banat's death sparked days of protests in the West Bank In 2018, HRW charged that the PA...
Lebanon raises fuel prices to shore up forex reserves
Price 20 litres of 95-octane petrol shot up from $10.6 to $40.6 Lebanese officials blame smuggling to Syria, stockpiling for...
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
JABEEN signs contracts with Retal, Abyatna
The firms will build primary and secondary infrastructure works.
Business
Company News
Latest News
Saudi Arabia’s oil exports down 33.4 percent in second quarter
Riyadh, Saudi Arabia -- Saudi Arabia's oil exports fell by 33.4 percent to SAR 227.7 billion ($60.70 billion), from SAR...
Business
EGA H1 net profit $533 million
The firm expects growth in primary production and recycling business.
Business
Most Read
Business
UAE first half non-oil foreign trade hits all-time high of $337 billion
The results are buoyed by record non-oil exports, which reached AED 205 billion in H1 2023, an 11.9 percent growth...
- Imports increased to AED 693 billion, up 17.5 percent compared to the first half of 2022 and 2.6 percent more than the second half of 2022.
- China has retained its position as the UAE’s leading global trading partner, followed by India, the US and Saudi Arabia.
Business
Saudi Arabia’s imports from GCC countries fall by 19% in June
Riyadh, Saudi Arabia -- Saudi Arabia’s imports from Gulf Cooperation Council (GCC) countries fell 19 percent year-on-year (YoY) to SAR...
- UAE accounted for 65.6 percent, or SAR 3.61 billion, of the total Saudi imports, down 13 percent YoY, Argaam reported.
- The Kingdom's imports from Qatar only registered a growth (of 49 percent) to SAR 48 million, from 32 million a year ago.
Business
Hotel revenues in Oman grow 27.8% to $318 million in July
Muscat, Oman -- The revenues of 3-5-star hotels in Oman reached RO 122.5 million ($318 million) at the end of...
- The total number of hotel guests grew by 25.8 percent to 1.09 million by the end of July 2023.
- Hotel occupancy posted a growth of 10.3 percent. The number of Omani guests reached 411,551.