It plans to hike investments in the country to US$5 billion.
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...
The request for proposal has come from the Bahrain Airport Company, with the deadline for submitting the bids being September...The work includes the construction, testing, and commissioning of Phase 1-A of the Cargo Express Village
Bids will be open to only Grade A and Grade AA building contractors registered with the Bahrain’s Ministry of Works
Trader License enables freelancers and start-ups to conduct businesses online and across social networking accounts.Trader License enables freelancers and start-ups to conduct businesses online and across social networking accounts.
Males account for 63 percent of the licenses issued and IT tops the list of activities.
Higher oil prices and a recovery in demand, easing of COVID-19 curbs, vaccination campaigns, stimulus measures, and accelerating activity in...The company announces a dividend of $18.8 billion.
Higher oil prices and a recovery in worldwide demand, easing of travel restrictions drive the rise in income.
The electric car is capable of travelling for 335km NEDC on a single battery chargeStylish, compact SUV is first pure electric model from MG in the Middle East
The electric car is capable of travelling for 335km NEDC on a single battery charge
Arabica coffee on the ICE Futures US exchange has doubled in price over the last 12 monthsThe Covid-19 which caused shipping logjams has also contributed to cost escalation by pushing the freight costs to record levels
Arabica coffee on the ICE Futures US exchange has doubled in price over the last 12 months
Aramco is expected to post a bumper profit for the second quarter of this fiscal on the back of high...Bank of America predicts a net profit of $24 billion in the second quarter, up 16 percent from the previous three months
JPMorgan estimates $23.7 billion, while Alrajhi Capital is expecting Aramco to report $25.3 billion
Saudi Venture Capital Company (SVC) has funded nearly 75 startups since its birth in 2018, providing them with about $250...SVC has $750 million to invest and has deployed around $250 million thus far: CEO Nabeel Koshak
The company is currently focusing on sectors that lack funding, such as the health and industrial sector: Koshak
Saudi Arabia has received warm praise about its improved rankings on a number of global lists from the US State...It highlights the great progress made by the kingdom in its ‘investment and business climate’ over the past two years
Efforts to provide more jobs for Saudis and diversify the economy raised some concerns in the annual Investment Climate Statements
Saudi Basic Industries Corp. (SABIC) has reported a big jump in second-quarter profit as it sold more chemicals at higher...Net profit jumped 57 percent to $2.04 billion in Q2
Selling prices increased 10 percent, sales volumes rose 3 percent
Airlines across the world took a heavy beating from the Covid pandemic lockdown, posting on the whole net losses to...IATA said passenger numbers were down 60 percent year-on-year
The Middle East was the worst impacted, with a 67.6 percent fall in passenger numbers compared to Asia-Pacific, the least impacted with a decrease of 53.4 percent
