INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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.