Over 12m people visit Riyadh Season in 60 days
RIYADH, SAUDI ARABIA - Two months after their launch, on October 11, 2023, Riyadh Season events had already attracted 12...Arts & Culture Business Tourism
Card transactions drive 8 percent Saudi spending growth in Nov
Riyadh, Saudi Arabia --Consumer spending in Saudi Arabia grew by 8 percent to SAR 111.5 billion ($29.73 billion) in November...Business
Jingle Pay first money service business with Shariah certification
The product has Shariyah Review Bureau certification Customers can opt for a fee-free Islamic account or a conventional one ...HSBC Saudi Arabia lead manager in ACWA power’s maiden Sukuk issuance
Final pricing lowest ever senior unsecured Sukuk pricing achieved by a corporate or bank issuer since 2017 HSBC Saudi Arabia...Fertiglobe to join first-of-its-kind blue ammonia project in Ruwais
Final investment decision expected in 2022, and the start-up is targeted for 2025 The TA'ZIZ facility’s capacity will be up...Arkan Board approves $1.11b deal to acquire Emirates Steel Industries
The deal is valued at AED4.07 billion ($1.11 billion), as it will give Arkan 5.1 billion ordinary shares at a...UAE retail e-commerce market grew 53% to hit record $3.9 billion in 2020
This was a 53% year-over-year increase, driven by the digital shift accelerated by the Covid-19 pandemic E-commerce accounted for 8%...Rising application in pharma sector to drive sodium bicarbonate market: FMI study
*China to be one of the dominant markets globally due to the presence of various end-use industries *US accounts for...Salla and Spotii partner to enable Buy Now, Pay Later service for Saudi consumers
*About 10,000 merchants likely to benefit from the service *Buy Now, Pay Later affords consumers a flexible installment payment option...Tunisia ‘trailblazer’ in Mediterranean seaweed farming
Red seaweed or algae is used for gelling, thickening and texturing agents FAO aquaculture expert Hamza said seaweed farming presented...Cruises set to return to Abu Dhabi
In 2019, around 500,000 cruise visitors had arrived in the Emirate’s ports, marking a 46 percent increase compared to 2018...POSist sees growth rebounding in the Gulf in 2021
Pent-up demand may lead to vigorous recovery in Gulf travel, tourism, hospitality sectors in the second half of 2021...