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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

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Saudia to acquire 20 wide-body aircraft

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Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Kuwait’s shopping mall, the Avenues, to open in Saudi Arabia

  • It will launch the outlets in Riyadh and Alkhobar
  • The design for Riyadh is now complete and the contract is expected to be awarded soon

The largest shopping mall brand in Kuwait, the Avenues, is all set to venture into Saudi Arabia with the opening of two outlets in the kingdom in the next four years.

It will launch the outlets in Riyadh and Alkhobar, said Khalid Al-Shariaan, CEO of Al-Mabanee, the company that operates the mall.

The design for Riyadh is now complete and the contract is expected to be awarded soon while work on Alkhobar project has already begun, Al-Shariaan told the media.