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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.
  • Restoration project for Jeddah district’s old buildings completed

    JEDDAH, SAUDI ARABIA – The Ministry of Culture, represented by the Jeddah Historic District Program, has announced the completion of work in the project to restore ramshackle buildings in the district under the generous donation of US$13 million (SAR50 million) from the Kingdom's Crown Prince Mohammed bin Salman. The project...