Tech-empowered shoppers drive Saudi consumer behavior: PwC
Riyadh, Saudi Arabia -- Saudi Arabian consumers are navigating the market with heightened awareness, becoming better-informed buyers, according to the...
Business
Abha Valley has potential to be a tourist destination
ABHA, SAUDI ARABIA - Extending over 34 kilometers, the Abha Valley Basin enjoys a variety of wildlife aspects, civilizational features...
Business
UAE, France team up for research and development in nuclear energy
Exploring the product of green hydrogen powered by carbon-free nuclear energy part of the deal French company EDF owns the...
Saudi Arabia mulls industrial zone in Oman
Saudi Arabia has launched a plan to wean the economy off oil Oman said it will start granting residence visas...
Aries Group to make dowry-takers leave, face legal action
The group had announced anti-dowry policy on International Women’s Day The clause incorporated in the employment contract Any employee of...
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...
Tech-empowered shoppers drive Saudi consumer behavior: PwC
Riyadh, Saudi Arabia -- Saudi Arabian consumers are navigating the market with heightened awareness, becoming better-informed buyers, according to the...
Business
Company News
SABIC AN profit slumps 71% in H1
Business
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QGIRC net profit down
Business
Tech’s carbon footprint: can AI revolutionize responsibly?
The planet's 8,000 or so data centers are the foundation of our online existence, and will grow ever further with...
Business
Estithmar opens new subsidiary in Jordan
The subsidiary was set up in partnership with a Jordanian company.
Business
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Business
SABIC-Sinopec China plant opens
The plant is located in their jointly owned petrochemical firm.
- Sinopec SABIC Tianjin Petrochemical Company, established in 2009, consisting of nine manufacturing units.
- The production capacity of the new polycarbonate factory is 260,000 tons per year.
Business
Saudi Arabia’s consumer spending hits $27bn in July: Central Bank
Riyadh, Saudi Arabia -- Consumer spending in Saudi Arabia increased 2 percent to SAR 104.6 billion ($27.88 billion) in July 2023, from...
- Data showed 745.9 million transactions were processed through 1.64 million POS devices in July.
- POS transactions represent what consumers spend using their ATM and credit cards in shopping malls, retail stores, pharmacies, etc.
Geostrategy
Constructive Saudi pledges made for Lebanon assistance: Iran FM
Tehran, Iran -- Iranian Foreign Minister Hossein Amirabdollahian said Thursday that discussions with Saudi authorities have resulted in constructive statements...
- Iran wants nothing but good, stability, peace, and development for Lebanon, Hossein Amirabdollahian told reporters in Beirut.
- "We expect all regional and international countries to contribute to improving Lebanon's economic situation," he said.