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Category: Business

By David SmithIn Business, Economy, NewsPosted July 16, 2024

E& Egypt to Boost Investments in Egypt by 40% in 2024

E& Egypt has announced plans to significantly increase its investments in the Egyptian market by 40% in 2024. This ambitious move is part of the...

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By David SmithIn Business, Economy, NewsPosted July 16, 2024

Saudi Arabia Corporate Training Market Set to Achieve a Valuation of US$ 17.6+ Billion by 2030

The corporate training market in Saudi Arabia is on a remarkable growth trajectory, projected to reach a valuation of over US$ 17.6 billion by 2030....

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By Noah MillerIn Business, Economy, NewsPosted July 12, 2024

Saudi Foreign Minister Receives French President’s Advisor for Middle East and North Africa

In a significant diplomatic engagement, Saudi Arabia’s Foreign Minister, Prince Faisal bin Farhan bin Abdullah, welcomed Anne-Claire Legendre, the Advisor to the President of the...

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By Noah MillerIn Business, NewsPosted July 11, 2024

Delta and Riyadh Air Forge Strategic Partnership

In a significant move to enhance global connectivity, Delta Air Lines and Riyadh Air have announced a new strategic partnership. This collaboration aims to expand...

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By Emma JohnsonIn Automobile, Business, NewsPosted July 11, 2024

Thailand Courts Saudi Investors with Electric Vehicle Sector Opportunities

In a bid to strengthen economic ties and attract foreign investment, Thailand is actively courting Saudi Arabian investors to explore opportunities in its burgeoning electric...

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By Emma JohnsonIn Business, NewsPosted July 11, 2024

Saudi Investors Encouraged to Explore Thailand’s S-Curve Sectors

In a strategic move to bolster economic ties, Thai authorities are actively encouraging Saudi Arabian entrepreneurs to invest in Thailand’s burgeoning S-curve industries. This initiative...

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By Emma JohnsonIn Business, NewsPosted July 10, 2024

Saudi-Iraqi Business Development Discussions Highlight Investment Opportunities

In a significant move to strengthen economic ties, the Chairman of the Federation of Saudi Chambers, Hassan Al-Huwaizi, recently met with Sheikh Shaalan Al-Karim, Chairman...

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By David SmithIn Business, NewsPosted July 10, 2024

Egyptian and Emirati Companies Sign $500 Million Real Estate Deal in Egypt

In a landmark agreement, Egypt’s Safwat Kaliouby Group (SKG) and the Emirati KSH Investment Company have signed a $500 million deal to develop a major...

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By Rian LordIn Business, NewsPosted July 5, 2024

Egypt’s Construction Industry Set for 8% Annual Growth Until 2029

Egypt’s construction industry is poised for significant growth, with projections indicating an annual expansion rate of 8% until 2029. This robust growth is driven by...

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By Ava WilliamsIn Business, NewsPosted July 5, 2024

Saudi Arabia Emerges as a Hub for Major F&B Brands

Saudi Arabia is rapidly becoming a hotspot for major food and beverage (F&B) brands from around the world. With a focus on cities like Riyadh...

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By Rian LordIn Business, Economy, NewsPosted July 4, 2024

Petrochemical Profits: Saudi Sector’s Earnings Soar and Dip in a Year of Flux

The Saudi petrochemical sector is poised for a dramatic 95% quarter-on-quarter increase in earnings, yet faces a 31% year-on-year decline, reflecting a volatile period of...

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By Rian LordIn Business, NewsPosted July 4, 2024

A Leap Forward: European Lithium and Saudi Partner Set to Revolutionize Lithium Hydroxide Production

European Lithium, a key player in the lithium market, is poised to make significant strides in its production capabilities. The company has confirmed the completion...

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By Noah MillerIn Business, Environment, NewsPosted July 1, 2024

Saudi Aramco Signs $12.4 Billion Deals for Shale Gas Field Development

Saudi Aramco has announced the signing of 16 contracts worth $12.4 billion for the phase-two development of the Jafurah shale gas field, the largest unconventional...

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By Noah MillerIn Business, NewsPosted July 1, 2024

Former Egyptian Tourism Minister Hisham Zaazou Joins Board of Arabian Kuwaiti Group

In a significant move, former Egyptian Tourism Minister Hisham Zaazou has joined the board of directors of the Arabian Kuwaiti Group. This announcement was made...

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By David SmithIn Business, NewsPosted June 26, 2024

Saudi Arabia’s Post-Eid Tourism Growth: WINGIE Predicts Up to 60% Expansion

DUBAI, United Arab Emirates and RIYADH, Saudi Arabia, June 26, 2024 (GLOBE NEWSWIRE) — Following a busy Eid al-Adha and pilgrimage season, Saudi Arabia is...

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By David SmithIn Business, NewsPosted June 26, 2024

Saudi Arabia’s Mining Exploration Licensing Round: Six Qualified Bidders Announced

In a significant development, Saudi Arabia’s Ministry of Industry and Mineral Resources has unveiled the six qualified bidders for the Fifth Round of Exploration Licensing...

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