The company’s 2023 annual revenue rises to US$1.2 billion.
On Wall Street, the Dow and the S&P 500 both finished 1.0 percent lower, while the tech-rich Nasdaq composite ended...
The Saudi firm earned $8m in profit in the last three months.The Alkhobar-based real estate firm confirmed its profit from the exit process will be calculated in the company’s financial statements for the second quarter of 2022
The exit will also enhance its direction in implementing targeted profitability and growth plans, CEO Essam Bukhamseen said
Two years of drastic restrictions on the number of pilgrims emptied shops and hotels across the Saudi Arabian city of...Two years of drastic restrictions on the number of pilgrims emptied shops and hotels across the Saudi Arabian city of Mecca
Haj and Umrah generate about $12 billion (11.5 billion euros) annually, keeping the economy humming in Mecca
The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading...The region's gaming industry is estimated to be worth $5bn by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar
Although a spike in gaming consumption was driven by the pandemic, sustained growth is expected owing to a combination of factors, says market players
Europe's stocks recovered somewhat Monday as investors tentatively regained some optimism following the heavy losses in the financial markets last...London stocks won 1.1 percent at midday, while Frankfurt and Paris gained 0.5 percent and 1.0 percent respectively.
Markets have suffered sharp losses in recent weeks on fears that global rate hikes -- aimed at fighting soaring inflation.
An IMF team said in March that the country faced "major structural challenges", with low growth and investment, along with...Tunisian central bank's press office told AFP that the two-week visit would involve officials from the bank and the finance ministry.
The North African country, the birthplace of the 2011 Arab Spring uprisings, has been suffering under a grinding economic crisis.
The comprehensive economic partnership agreements (CEPA) signed by the UAE with India, Israel and Indonesia this year will help the...Comprehensive economic partnership agreements to help UAE's economy's growth by 2.6 percent by 2030
The UAE is holding talks with several other countries for signing similar agreements
- Turkish Airlines has announced that flights to Saudi Arabia have resumed to pre-pandemic conditions and Saudi citizens will now be...
Turkish Airlines announces that flights to Saudi Arabia have resumed to pre-pandemic levels
The airlines said that from June 20, 2022 the restrictions set by Türkiye due to COVID-19 has been lifted
Iran and Turkey share a land border, while Russia shares a maritime border with Iran and Turkey across the Black...The proposed cooperation on automobile constriction between the three nations could progress rapidly.
Numerous car makers have stopped sales of their cars or parts to Russia since it sent military to Ukraine.
Dubai Supreme Council of Energy on Monday discussed establishing a permanent committee to monitor petroleum product trading in Dubai and...At its 71st meeting, the Council said that in 2021, savings were equivalent to 6.4 terawatts of electricity, approximately 12.5 percent of business as usual.
Since 2011, demand-side programs have contributed to avoiding 14.1 million tons of carbon dioxide emissions, saving nearly AED9 billion.
The Sea Customs Centres Management, one of Dubai Customs’ departments, carried out 61,852 inspections and 120 seizures in the first...The Sea Customs Centres Management, one of Dubai Customs’ departments, carried out 61,852 inspections and 120 seizures in the first quarter of 2022.
The smart scanning systems developed by Dubai Customs has increased the rate of identifying suspicious shipments.
