Its third-quarter net profit jumped to US$7 billion.
Jeddah, Saudi Arabia - The Jeddah Central Development Company, a company owned by the Public Investment Fund (PIF), signed four...
The robots being used in the restaurant are imported but the installation, applications and their servers are managed by the...Guests in a restaurant in Mosul order their meal digitally, through the 15 touch-screen built into the dining table
Electronic workers or robots are already being used in Japan, Dubai and other European countries
The fund invests in early stage FinTech and SaaS companies.The $50 million VentureSouq fund invests in early-stage FinTech and SaaS companies and focuses on key subsectors including payments infrastructure
Established in 2016, VentureSouq has operations in the UAE, Egypt and Saudi Arabia and has invested in over 200 companies worldwide
The Saudi Authority for Industrial Cities and Technology Zone (MODON), has teamed up with Mohammed Bin Laden Co. to develop...The city located in Bahrah, a town in Makkah province, is a step to empower the industry and increase the local economic activity in GDP terms by 65 percent
MODON was established in 2001 to develop industrial lands with integrated services
The second richest man in Egypt, Sawaris has said that the Egyptian government should act only as a regulator of...Sawiris built his fortune in telecommunications by investing in mobile networks in countries such as Bangladesh, Iraq and Pakistan.
The military's economic reach has grown under President Sisi's leadership, partnering up with firms such as the Sawiris family's Orascom.
Indian police have charged executives from Amazon's local arm over claims the US retail behemoth's online portal was used to...Two men were arrested last week with 21 kilograms (46 pounds) of the drug in central Madhya Pradesh state and told officers they were using Amazon's India platform
They admitted to shipping their crop by falsely marketing it as stevia leaves, a natural sweetener, according to a police report
More than 55,000 new business licenses were issued during the first ten months of 2021 by the Business Registration and...According to a report by the Business Registration and Licensing sector, 59% of the new business licenses issued were professional, and 41% were commercial
Among the legal forms of the new licenses issued, the report showed that Sole Establishment companies topped the list with 38%
- Mohsen Saqer Hussain will serve as an advisor to the Board.
The Board said Muwaffaq Mansour Jamal will be the delegated CEO of the company from 17 Dec.
Hussain quit due to family circumstances that require his presence outside the kingdom.
Tadawul is looking to raise up to $1 billion from its initial public offering (IPO), after setting the price range...Tadawul appointed SNB Capital as the lead manager, financial advisor, book-runner, Global Coordinator and underwriter for the initial public offering
while J.P. Morgan Saudi Arabia, and Citigroup Saudi Arabia were appointed as financial advisors on the offering of 36 million shares of Saudi Tadawul Group Holding Co
Development of drainage stations, water treatment plants, pumping, and rainwater drainage networks in several parts of Doha.Qatar expects 1.5 million visitors for the World Cup
Flooded roads due to rain is a problem which confronts people in Doha
- There had been 'extraordinary' progress, including the introduction of a minimum wage and improvements to working conditions and accommodation, says...
There has been 'extraordinary' progress, including the introduction of a minimum wage and improvements to working conditions and accommodation, says Khater
Qatar will hold the first World Cup in the Middle East a year from now, in eight stadiums in and around the capital Doha
