- The Emirate of Ras Al Khaima has given out 1,749 business licenses in 2021, a thirty-six percent jump over the...
Commercial sector licenses increased by 921, accounting for 53 percent of the total issued licenses, an annual growth of 30 percent compared to 2020
It was followed by industrial and professional licenses at annual growth rates of about 47 percent and 46 percent respectively
- The transfer was part of Saudi Arabia’s long-term strategy to support the restructuring of its economy, in line with Vision...
The shares are expected to bolster the PIF’s strong financial position and high credit ratings in the medium term
The transfer will support the PIF’s plans to grow its Assets under Management to around SAR4 trillion (around $1.07 trillion) by 2025
- The Saudi Stock Exchange’s main index TASI started and ended the week with a 0.5 percent rise despite the fluctuation.
Al-Rajhi Bank and Riyad Bank led the Saudi index higher on Sunday as both saw their shares rise by 0.5 percent
TASI continued to fall on Wednesday, as it offset losses in the financial sector with increases in the telecommunications industry
- Armenia will be the official guest of honor this year due to its rich and diverse cultural stock, while Indonesia...
The Sharjah Institute for Heritage (SIH) announced that the festival’s slogan will be "The Heritage and the Future"
A total of 33 countries would participate in the event including Saudi Arabia, Oman, Kuwait and Qatar from GCC
- Turkish President Recep Tayyip Erdogan on Saturday slashed sales tax on dairy products, fruit, vegetables and other basic food items...
The rising cost of living has become a major source of public discontent in Turkey, where it is expected to feature prominently in next year's presidential election
Inflation hit 48.69 percent in January, the highest level since Erdogan's Islamic-rooted party stormed to power two decades ago
- Radisson Blu has been hired to manage and operate a new four-star resort with retail stores in Al-Ahsa governorate.
The property will be developed by the Saudi Tourism Development Fund and the Abdul Latif Al Abdul Latif Hotel Group
The project's annual gross domestic product is expected to be as much as SR42 million ($11.2 million)





















