Riyadh, Saudi Arabia - The Riyadh Season has announced the commencement of registration for the SEVEN Concours 2024 exhibition, the...
Its sales in China slumped 35% from April to December.
The new airline, Fly Aqaba, was set up with $20 million in private sector investment, said Nayef Bakhit, president of...Flights will connect Aqaba to Amman as well as European and other Arab cities "at competitive prices"
The Covid-19 pandemic has badly dented Jordan's tourism industry, which represented 14 percent of its GDP
There will be ample job opportunities in artificial intelligence, robotics, automation, advanced manufacturing, virtual reality, augmented reality and big data...There will be ample job opportunities in artificial intelligence, robotics, automation, advanced manufacturing, virtual reality, augmented reality, and big data
Administrative and secretarial jobs, data entry, accounting, accounting records management and payroll services will become extinct, says a World Economic Forum report
Qatar Islamic Bank has said that its net profit for the first nine months of 2021 has jumped 14 percent...The Islamic lender made impairment provisions of 1.19 billion riyals for the period ended 30 September 2021
Total income for the period was 6.12 billion riyals compared with 5.96 billion riyals for the same period in 2020
Arabian Centres Company (ACC), the Saudi mall operator, is expecting an improvement in the business in the wake of the...“ACC will continue to operate in accordance with the updated government guidelines"
The company has 21 commercial centers and complexes in its portfolio
Dubai’s consumer confidence index rose to its highest level in a decade during the third quarter of 2021, the Dubai...The positive sentiment has been fueled by increased economic activity
Most consumers in Dubai are now feeling positive about current and job prospects
Savola Group of Saudi Arabia has bought out the Emirati snack maker Bayara Holding for $260 million.The transaction, paid in cash according to a stock exchange filing, was part of a five-year strategy to expand Savola’s regional operations
Bayara is a major manufacturer and distributor of branded snacks in the UAE and the Kingdom
- The plants are located in Serbia, Romania and Bulgaria.
The new plants have a capacity of 500,000 tonnes per annum of clover and more than 15 types of feed and concentrated grains.
The firm recently added some 11,000 hectares of clover to its existing plants in Romania.
For the first time in nearly seven years, the stock of Saudi Basic Industries Corporation (SABIC) has touched its highest...The stock is currently trading up just under 1 percent, with trading exceeding 500,000 shares so far
Today’s rise has pushed the stock up a staggering 120 percent since March 2020
The work on a $6.5 billion green hydrogen plant in Saudi Arabia's planned futuristic city NEOM is likely to begin...ACWA Power expects to finalize financing in Q1 2022. The project is a joint venture with NEOM Co. and American industrial gas company Air Products.
The plant will need around 4.3 GW of clean energy to power it and ACWA plans to use solar in the day and wind in the night.
- The bank said it continued hedging policy despite corona recovery.
Operating profits increased by 29.3 percent to reach AED 652.9 million.
The bank's board has approved a proposal to allow foreign investors to trade in 40 percent of the bank’s shares.
