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Category: Business

By Rian LordIn Business, NewsPosted September 12, 2024

Hyatt International Hotels Board Meets in Saudi Arabia to Discuss Expansion Plans

In a landmark meeting held in Riyadh, Saudi Arabia, the board of Hyatt International Hotels convened to discuss the company’s ambitious expansion plans in the...

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By Noah MillerIn Business, NewsPosted September 12, 2024

Saudi Arabia Encourages Increased Investment from China

In a recent high-level meeting, Saudi Arabia has called for increased investment from Chinese enterprises, highlighting the mutual benefits of deeper economic cooperation. The discussions,...

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By Rian LordIn Business, NewsPosted September 12, 2024

Maccabi Tel Aviv to Host Europa League Matches in Belgrade

In a strategic move, Maccabi Tel Aviv has announced that it will host its Europa League matches in Belgrade, Serbia. This decision comes as part...

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By Emma JohnsonIn Business, NewsPosted September 11, 2024

Egypt Plans $320 Million PPP Projects in El-Dekheila Port

Egypt is set to launch two significant Public-Private Partnership (PPP) projects worth $320 million at El-Dekheila Port in Alexandria. The projects include a multipurpose terminal...

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By Noah MillerIn Business, NewsPosted September 11, 2024

Egypt and Australia Explore Enhanced Cooperation in Mining Sector

Egypt and Australia are exploring ways to enhance cooperation in the mining sector, with a focus on attracting Australian investments and leveraging advanced technologies. Egyptian...

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By Ava WilliamsIn Business, NewsPosted September 10, 2024

King Salman to Patronize 8th Future Investment Initiative in Riyadh

Under the patronage of King Salman bin Abdulaziz Al Saud, the 8th edition of the Future Investment Initiative (FII) will be held from October 29...

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By Emma JohnsonIn Business, NewsPosted September 10, 2024

Saudi Arabia Leads GCC as Global Sukuk Issuances Set to Surpass 2023: Moody’s

Saudi Arabia is spearheading the Gulf Cooperation Council (GCC) in global sukuk issuances, with volumes expected to surpass those of 2023, according to a recent...

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By Ava WilliamsIn Business, NewsPosted September 10, 2024

Saudi Arabia’s Folk Maritime Launches New Liner Service Connecting Jeddah to Major Indian Ports

In a significant development for maritime trade, Saudi Arabia’s Folk Maritime Services Company has announced the launch of a new liner service connecting Jeddah Islamic...

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By David SmithIn Business, NewsPosted September 10, 2024

Martin Sorrell’s Monks to Relocate HQ from Dubai to Saudi Arabia

In a strategic move, British advertising tycoon Martin Sorrell’s Monks, part of S4 Capital, is relocating its Middle East headquarters from Dubai to Saudi Arabia....

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By Rian LordIn Business, NewsPosted September 7, 2024

Wardwizard Innovations & Mobility to Form Joint Venture with Saudi Prince

Wardwizard Innovations & Mobility Limited has announced a significant joint venture with Prince Abdulaziz Bin Turki Bin Talal Bin Abdulaziz Al Saud of Saudi Arabia....

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By Ava WilliamsIn Business, NewsPosted September 5, 2024

Egypt Airshow: EgyptAir Group Signs Deals with Airbus

At the Egypt Airshow, EgyptAir Group has announced significant deals with Airbus aimed at enhancing efficiency and safety in the commercial aviation sector. The agreements...

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By Noah MillerIn Business, NewsPosted September 5, 2024

Lendo Aims to Bridge Financing Gap for SMEs in Saudi Arabia

Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, is making significant strides in bridging the financing gap for small and medium-sized enterprises (SMEs) in the kingdom....

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By Rian LordIn Business, NewsPosted September 5, 2024

Gold Rates in Saudi Arabia Today – 05 September 2024

The gold rates in Saudi Arabia have seen a notable increase today, 05 September 2024. The price of 24-karat gold per tola has risen to...

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By Emma JohnsonIn Business, NewsPosted September 5, 2024

Tamkeen Human Resource to List 30% on Saudi Stock Exchange

Tamkeen Human Resource Company, a leading provider of human resources services in Saudi Arabia, has announced plans to list 30% of its shares on the...

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By David SmithIn Business, NewsPosted September 3, 2024

New Job Creation in Saudi Arabia Growing at Fastest Pace Since Early 2015

Saudi Arabia is witnessing a significant surge in job creation, with employment growth reaching its highest rate since early 2015. According to the latest data...

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By Noah MillerIn Business, NewsPosted September 3, 2024

Saudi Arabia’s Non-Oil Sector Marks Growth in August, But Still Below 2022 Average

Saudi Arabia’s non-oil sector experienced growth in August, with the Purchasing Managers’ Index (PMI) rising to 54.8, up from 54.4 in July. This improvement, driven...

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