Hosts Qatar embrace ‘positive pressure’ of Asian Cup title defense
Doha, Qatar -- Qatar coach Tintin Marquez said Friday they relish the "positive pressure" of trying to retain their Asian Cup...Arts & Culture Business
Pakistan’s Fatima Group inks $1billion deals at Expo with Chinese, Saudi firms
Fatima Group, a Pakistani industrial conglomerate, has signed two MoUs of over $1 billion with two key global agriculture stakeholders...Fatima Group is known as Pakistan’s fastest-growing industrial conglomerate with investments in fertilizers, textiles, sugar and cement.
The collaboration is expected to boost agriculture in Pakistani, which has 20 percent of the country’s GDP tied to it.
Saudi stocks post gains in early trading as oil prices decline
Saudi stocks posted gains in the early hours of trading on Sunday due to a dip in the prices of...Arabian Mining Co, known as Ma'aden, gained 6.92 percent to top the gainers in early trading after posting a profit of SR5.23 billion ($1.4 billion) in 2021
Aramco, the largest player in the Saudi oil market, gained 0.97 percent.
‘Pick a side’: Ukraine invasion dilemma for US Big Tech
US Senator Mark Warner wrote to Meta, Reddit, Telegram, TikTok, Twitter and other tech giants to stop Russian disinformation spreading...Facebook and YouTube have curbed Russian media's ability to earn money on their platforms following Ukraine's request
Experts have urged US companies to pick sides in geopolitical conflicts such as the one ongoing in Ukraine
Adnoc arm inks storage deal
AG&P will use an Adnoc L&S vessel as a floating storage.The agreement is valid for 11 years, with the option of extension by 4 years
The two parties have a 2021 agreement to provide another FSU in India
Sanctions seek to cripple Russian economy as Ukraine invasion continues
The sanctions came as the Russian military stepped up its bloody, multi-pronged assault against Kyiv and other Ukrainian cities.The measures were backed by the United States, Canada, the European Commission, Britain, France, Germany and Italy
In a symbolic gesture likely to resonate in Moscow and the Kremlin, the stunning news was first delivered from Europe
GCC beauty sector puts best face forward
Consumers are spending more on beauty products and fragrances despite inflation, says Salem Kaissi, Vice-President of multi-brand luxury beauty concept...Brands have had to strategize and react quickly to continue resonating with consumers in the market
According to Euromonitor International, the sector is estimated to be worth $58.3 billion by 2025
Saudi Arabia and UAE drive real estate growth in the region
Saudi Arabia and the UAE are driving the real estate market in the Middle East region with the backing of...Kingdom’s residential real estate prices increased by 1.7 percent on an annual basis in the fourth quarter of 2021
Apartment values in Riyadh and Jeddah accelerated by 17 percent and 12 percent, respectively, in the last 12 months
Cryptocurrencies shine in shadow of Ukraine conflict
Having evacuated part of his team from Kyiv, Mike Chobanian, boss of cryptocurrency exchange Kuna, is watching the effects of..."Business is running, but we're in survival mode over here," the 37-year-old boss said during a video call from his current refuge after leaving the Ukraine capital
The Ukrainian government on Friday imposed sanctions against the rouble, forcing Chobanian to halt cryptocurrency swaps with the Russian currency
Arab world may suffer shortage of bread
Russia's invasion of Ukraine could mean less bread on the table in Egypt, Lebanon, Yemen and elsewhere in the Arab...The region is heavily dependent on wheat supplies from the two countries which are now at war
Bread is already a luxury for millions in Yemen, where a seven-year war has pushed the country to the brink of famine
DP World acquires 100% stake in Imperial
The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access...The acquisition is expected to also add significant strategic value to DP World given Imperial’s footprint and strong market access and logistics solutions capability
DP World and its subsidiaries employ over 71,000 people across its worldwide operations
