McDonald's cited war in the Middle East as a drag.
Five listings, mainly in the energy and logistics sectors, contributed 58 percent towards the total IPO proceeds raised, said the...
Saudi Arabia’s efforts to redesign the future of tourism accelerated this week with a string of major initiatives in Riyadh...Saudi Arabia’s efforts to redesign the future of tourism accelerated this week with a string of major initiatives in Riyadh this week
Saudi puts tourism on the global stage for the first time at FII 2021, launching the Principles for Redesigning Tourism
The Business Bay came on top in terms of volume and value, recording 155 transactions worth AED170 million ($46.29 million).A total of 174 plots were sold for AED920.4 million ($250.51 million) this week
The week also saw 1,080 apartments and villas sold for AED2.18 billion ($590.60 million)
The company said its sales climbed to $110.8 billionThe e-commerce colossus said its sales climbed to $110.8 billion, but its profit was about half of its net income from the same quarter last year
Microsoft, Google parent Alphabet and scandal-hit Facebook have posted whopping profits this week
The IPO comes at a time when demand for semiconductors and microchips is red hot due to the ongoing global...Earning a valuation of $26 billion, the GlobalFoundries IPO is one of the biggest stock market debuts of the year in the US
The chipmaker had earlier announced the pricing of its initial public offering of 55,000,000 ordinary shares
- The new handle comes as the social media giant tries to fend off one of its worst crises yet and...
The new handle comes as the social media giant tries to fend off one of its worst crises yet and pivot to its ambitions for the "metaverse" virtual reality version of the internet
Facebook has just announced plans to hire 10,000 people in the European Union to build the "metaverse," with Zuckerberg emerging as a leading promoter of the concept
Saudi Arabia and the United Kingdom signed a Memorandum of Understanding, which is aimed at the promotion of direct investment...British and Saudi companies will be established and expanded in both countries.
Exchange of visits and expertise as well as sharing of rules and regulations in direct investment opportunities part of the MoU
- A forum organized by the Sharjah Chamber of Commerce and Industry (SCCI) brought together more than 100 businesspersons from the...
More than 100 businesspersons from the two countries attended the forum organized by the Sharjah Chamber.
Sau Paulo state accounts for 30 percent of the entire Brazilian economy and has the largest manufacturers of sugar, juices, coffee, and fruits.
- The IHC subsidiary has entered commercial shipping segment.
Founded in 2002, Al Seer Marine's total assets are AED3.98 billion as of the end of June 2021.
After a fall of 3.4 percent in 2020, world seaborne trade rose 4 percent in 2021.
The Saudi British Bank (SABB) has posted a 157 percent increase in net profit to $750 million for the first...“We are investing considerably across the business front-to-back, to ensure that we remain relevant and can create a sustainable banking organization”
The chairman reiterated the bank’s efforts to support Saudi’s Vision 2030 plan and unlock the opportunities brought by the economic transformation plans
- The Abu Dhabi National Exhibitions Company (ADNEC) has announced plans to expand its facilities and infrastructure in Abu Dhabi and...
Building the largest exhibition hall in the Middle East and North Africa region is part of the expansion plans.
The company said the expansion plans boost its competitiveness and ability to attract and hold major international events.
