Najran extends MoU with Ayan for Commerce & Industry
Jeddah, Saudi Arabia - Saudi Arabia's Najran Cement Company has announced the extension of its non-binding memorandum of understanding (MoU)...Business
Saudi insurance sector shows 14.6 percent growth in Q3 of 2023
RIYADH, SAUDI ARABIA- The Insurance Authority (IA) has issued its first report on the performance of the sector in the...Business Banking & Finance
Saudi philanthropist Alwaleed to continue as chairman of Kingdom Holding
The company posted a net profit of $24.2 million for the quarter ending March 31, 2021 Its portfolio includes CitiGroup,...Nobles Properties in deal to acquire Jordan real-estate project
Nobles Properties said one of its subsidiaries will acquire a residential development from Jordan-based Manaseer Investment Group Nobles’ subsidiary Shahd...Ship that blocked Suez to be released
The 200,000-tonne MV Ever Given got stuck diagonally across the canal during a sandstorm on March 23 Egypt retained the...Seera, Kaden to launch hotels across Saudi Arabia
The result of the deal is a joint venture that will manage and set up hotels in various projects by...Jassim Transport set for Boursa Kuwait listing
JTC is one step closer to being listed on Boursa Kuwait, the country’s stock market It said it was in...World’s first Warner Bros. themed hotel nearly complete
The $112m hotel set to open this year in Yas Island It will be operated and managed by Hilton under...69 percent firms operating in Business Bay commercial: Report
Number of businesses operating in Business Bay reach 17,893 General trade tops the list of licenses activities The number...8 lakh millionaires in Middle East have $3.2 trillion wealth
Across the region, the population and wealth of HNWIs witnessed a growth of 13.2% and 17.2% The number of millionaires...Bezos to exit as CEO of Amazon
Bezos, 57, was set to hand over the job of Amazon chief executive on Monday to Andy Jassy He will...Saudi Aramco finance chief who steered listing steps down
Ziad al-Murshed named as the chief financial officer The IPO was a key part of the plans to open up...