INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Saudi Arabia among five countries bidding for World Expo 2030

Other four countries in the fray, according to Fahd Al-Rasheed, CEO of the Royal Commission for Riyadh City are South Korea, Italy, Ukraine and Russia.
  • King Mohammad bin Salman bin Abdulaziz recently announced that the kingdom would bid for the expo
  • The other four countries competing to hold the event are South Korea; Italy; Ukraine and Russia

Saudi Arabia is among the five countries which are competing to organize World Expo 2030.

Other four countries in the fray, according to Fahd Al-Rasheed, CEO of the Royal Commission for Riyadh City are  South Korea, Italy, Ukraine and Russia.

The kingdom bid for the event following the announcement to this effect in October by Crown Prince Mohammad bin Salman bin Abdulaziz. 

The Kingdom submitted its file to host the World Expo 2030 during its participation in the virtual meeting of the Bureau of International Exhibitions (BIE) General Assembly, which was held on December 14 in the French capital, Paris. This has set in motion the five-stage selection process which will end in 2023.

This global event continues for six months and enables the host and participating countries to showcase the latest developments in science and technology, their respective cultures and heritage in addition to the progress made in the environment, social and economic sectors.