Riyadh, Saudi Arabia-- Foreign direct investment (FDI) into Saudi Arabia amounted to $32.52 billion in 2022, revised upwards from $8 billion figure that had been published previously. According to SPA, the updated figure is a result of a new framework methodology for publishing FDI data in the kingdom which was...
Abu Dhabi International Airport records 29.3% jump in Q3 passenger traffic
Abu Dhabi, UAE--Abu Dhabi International Airport has posted a 29.3 percent jump in passenger traffic for the third quarter of 2023 to a healthy figure of 5,951,025. The passenger traffic recorded the increase at Abu Dhabi International Airport between 1st July and 30th September, an increase of 29.3%, compared to...
Egyptian President Sisi pardons jailed activist Ahmed Douma
Egyptian activist Ahmed Douma, a leading figure of the country's 2011 uprising who has spent the last decade behind bars, has been granted a presidential pardon, lawyers said. "President Abdel Fattah al-Sisi... has used his constitutional powers" to pardon several prisoners including Douma, said Tarek Elawady, a member of the...
Bupa Arabia H1 2023 net profit $149m
Rise was driven by a jump in insurance revenue.
Volvo Cars posts Q3 net profit of US$61m
Retail sales declined in its main markets Europe and the US.
Top Algeria opposition figure arrested: rights groups
One of Algeria's leading opposition figures, Karim Tabbou, has been arrested again, rights groups have said. Tabbou was one of the most-recognizable faces during unprecedented mass rallies, led by the Hirak pro-democracy movement, that began in February 2019. They demanded a sweeping overhaul of the ruling system in place since...
