Business - TRENDS MENA

The alliance will take on China's dominant EV makers.

While biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates...
Adoption of advanced technologies for border control management have their share of risks. Also, the integrity of data sets can be corrupted through targeted attacks.
The biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates to identify passengers at faster rate
A workshop held by the JCC and working meetings with a number of ministers and representatives of official entities, universities...
The joint cooperation is to support economic cooperation, scientific research and joint business development
The delegation met King Abdullah, and was briefed on trade and investment opportunities in the Kingdom
The Jeddah-based pharma retailer plans to float 30 percent of its capital.
The Jeddah-based pharma retailer made revenues of SR8.6 billion ($2.3billion) during the year
Nahdi currently operates over 1,150 pharmacies across the Kingdom and a rising number in the UAE
Digital economy has driven the startup investment upsurge in the MENA region in 2021.
In 2021, more than 50 per cent of the world’s private investment funding went to startups in the United States.
The other four top countries with the most private funds invested are China, the UK, India and Germany.
Thousands of Iranian teachers have protested in more than 100 cities against delays in salary and pension reforms, a local...
The teachers have for months demanded that the government speed up the implementation of reforms that would see their salaries better reflect their experience
The demonstrators have also demanded that their pensions be aligned with those of other public sector employees
Total revenue nearly doubles to reach $99.5m in 2021.
Revenues from fees and commissions increased by 34.3 percent compared to 2020 to reach KWD20.2m.
The company said it raised over $1.1 billion for several products and transactions, distributed around $235mn to clients.
Dr. Sulaiman Al Habib Group, a private health service provider in Saudi Arabia, has posted a 30 percent increase in...
The company's sales soared to SR7.25 billion, jumping 23 percent year-on-year in response to a growth in the hospital segment and higher patient occupancy
its board recommended the distribution of SR245 million in cash dividends to 350 million eligible shares at SR0.7 per share for the fourth quarter of the fiscal year 2021
Arriyadh Development Co. posts a forty percent jump in net profit to $85 million for 2021.
Results were derived from the associate company's business, as well as the increase in operating and rental revenues
The company will distribute cash dividends of SR88.8 million to the shareholders for the second half of 2021
Al Rajhi Bank has recommended a sixty percent increase in the bank’s capital to $10.7 billion.
The capital will be increased by granting SR15 billion in bonus shares to the bank’s shareholders
The eligibility to get bonus shares will be given to shareholders owning the stocks by the end of the trading day of the bank’s Extraordinary General Assembly meeting date
The initiative will provide affordable medicines to uninsured and low-income expat patients or those whose insurance does not cover the...
The MoU was signed by the Ministry of Health and Prevention of the United Arab Emirates (UAE)
It was inked with Janssen Pharmaceutical Companies of Johnson & Johnson, and healthcare consulting firm Axios