King Fahd International Airport Records 250k Passengers In 7 Days
RIYADH: King Fahd International Airport witnessed an 11 percent rise in passenger numbers throughout the seven days of t... Read more
Saudi Venture Studio VMS Acquires Stakes In Egypts Cash Cows
RIYADH: The startup ecosystem in the Middle East and North Africa region is poised to get a boost as Saudi Arabia-based ... Read more
Saudi Cement Firms In Central Region May Slash Prices Amid Robust Competition
RIYADH: A price war between cement producers is likely to break out in Saudi Arabia’s central region on the back of th... Read more
UAE In-Focus: IMF Expects Emirates GDP To Grow By 3.6% In 2023
RIYADH: The UAE is poised for positive economic growth as it is projected to achieve a 3.6 percent increase in its gross... Read more
Saudi Agricultural Development Fund Approves $400m To Improve Farm Productivity
RIYADH: Farmers in Saudi Arabia attained SR1.5 billion ($400 million) worth of funding after the Kingdom’s Agricultura... Read more
Oil Updates — Crude Prices Slip; China Imports From Russia Hits 2.29m Bpd In May
Oil prices slipped on Tuesday after China cut its benchmark lending rates, sowing further concern over the demand outloo... Read more
Saudi Project Management Firm Jasara Ties Up With SAP To Accelerate Digital transformation
RIYADH: Saudi Arabia’s digital transformation journey is set to get a fillip as Jasara, a project management firm in... Read more
UAE In-Focus — Islamic Banks Assets Rise To $177bn In Q1
RIYADH: Reflecting the growing popularity of Islamic financing, gross assets of the Shariah-compliant banks operating in... Read more
Saudi Arabia Climbs 7 Places On World Competitiveness Index
RIYADH: The ongoing economic reforms in Saudi Arabia have elevated the Kingdom’s ranking to 17th position in the World... Read more
Qatar Strikes Second Big LNG Supply Deal With China
DOHA: Qatar on Tuesday secured its second large gas supply deal with a Chinese state-controlled company in less than a y... Read more
Saudi Arabia Eyes Defense Deals At Paris Show
RIYADH: Saudi Arabia is seeking to explore partnerships and investment opportunities at the Paris Air Show 2023, which b... Read more
Saudi Budget Airline Flynas Signs $3.7bn Deal With Airbus To Buy 30 Aircraft
RIYADH: Saudi Arabia’s budget airline flynas has signed a $3.73 billion agreement with Airbus to buy 30 aircraft, Saud... Read more
AI To Boost Global Enterprise Software Market To $14tn By 2030
RIYADH: Generative artificial intelligence is set to expand the global enterprise software market from $1 trillion curre... Read more
Saudi Arabia, France Should Intensify Joint Work To Achieve 2030 Goals, French Treasury Official Says
RIYADH: Saudi Arabia and France need to intensify joint work and develop new projects as both countries have a lot of ... Read more
The French Connection: Paris Event Is Gulf Business Showcase
PARIS: A landmark two-day business event showcasing opportunities for commercial partnerships between France and the Gul... Read more