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...
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...
Dubai Retailer Spinneys Opens Its First Store in Saudi Arabia
Dubai-based grocery chain Spinneys has marked a significant milestone by opening its first store in Saudi Arabia. This expansion is part of Spinneys’ strategic growth...
Housing Takes Up Biggest Share of Saudi Arabia’s Construction Contracts and Could Hit $60 Billion
Saudi Arabia’s construction sector is experiencing a significant boom, with housing projects taking the lead. The residential sector has become the dominant force in the...
Revolutionizing Restaurant Logistics: Egypt’s OneOrder Pioneers Supply Chain Solutions
In the bustling heart of Egypt’s gastronomic scene, a new player, OneOrder, is redefining the rules of supply chain management for the HoReCa (hotels, restaurants,...
Saudi Arabia’s Strategic Move into the Electric Vehicle Arena through Chilean Lithium
In a strategic pivot towards the burgeoning electric vehicle (EV) market, Saudi Arabia has set its sights on Chile’s rich lithium reserves. This move underscores...
Egyptian Startup Mal Bazaar Acquires Licensed Brokerage to Expand Insurtech Platform
In a significant move to enhance its market position, Egyptian insurtech startup Mal Bazaar has acquired a licensed insurance brokerage. This acquisition, approved by the...
Riyadh Air and Egyptair Forge Strategic Partnership to Enhance Connectivity
In a significant move to bolster connectivity and enhance passenger services, Riyadh Air and Egyptair have signed a memorandum of understanding (MoU). This strategic partnership...
Oil Rebounds Amid Escalating Middle East Tensions
Introduction Oil prices have staged a remarkable recovery after last week’s selloff, driven by escalating geopolitical tensions in the Middle East. As a Greek-managed bulk...
Egypt’s Engineering Exports Surge to Historic High in 4M 2024
In a remarkable achievement, Egypt’s engineering exports have witnessed an unprecedented surge, reaching a historic high of $1.673 billion during the first four months of...
Imdaad-Misr to Provide Comprehensive FM Services for Nine Cairo Projects
In a strategic collaboration, Imdaad-Misr, a regional subsidiary of the Dubai-based group of integrated Facilities Management (FM) companies, has signed a service agreement with Gates...
Navigating Complex Ties: Turkey’s Oil Exports to Israel Amid Gaza Tensions
Turkey’s stance on the Gaza conflict is under scrutiny as it continues to supply oil to Israel, despite publicly condemning the nation’s actions in the...
Golden Town’s Strategic Expansion: A Saudi-Egyptian Real Estate Venture
Golden Town Development, a Cairo-based real estate firm, has embarked on a strategic expansion by establishing a new venture with Saudi businessman Ahmed bin Abed...
Pakistan’s Strategic Economic Expansion: Welcoming Saudi Investment
In a significant stride towards economic revitalization, Pakistan has opened its doors to a delegation of Saudi investors, signaling a new era of business opportunities...
OpsGuru: A Beacon of Innovation Awarded Google Cloud Partner of the Year
OpsGuru, a trailblazing consulting firm, has been recognized as the Google Cloud Partner of the Year for Services in Israel, a testament to their unparalleled...
South Korean Consortium Secures Monumental $7.2 Billion Gas Plant Expansion in Saudi Arabia
In a landmark deal, South Korean firms Samsung E&A Co. and GS Engineering & Construction Corp. (GS E&C) have clinched a massive $7.2 billion contract...