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Category: Business

By David SmithIn Business, NewsPosted November 5, 2024

Albilad Capital Acquires Mövenpick Hotel & Residences in Riyadh’s Al-Ghadir for SAR 1 Billion

Albilad Capital marks a strategic move into Riyadh's booming hospitality sector with the acquisition of Mövenpick Hotel & Residences. In a significant development for Saudi...

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By Emma JohnsonIn Business, NewsPosted October 28, 2024

Otsuka Group Bolsters Middle East Presence with $40 Million Investment in Egypt

Japan’s Otsuka Group is set to make a significant leap in the Middle Eastern market with a new $40 million manufacturing plant in Egypt. The...

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By Emma JohnsonIn Business, NewsPosted October 28, 2024

ITV Exposure Unveils Harrowing Realities Behind Saudi Arabia’s Mega Projects

In a groundbreaking episode, ITV Exposure dives deep into the heart of Saudi Arabia’s most ambitious development, revealing shocking truths about the working conditions under...

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By David SmithIn Business, NewsPosted October 28, 2024

Saudi Arabia’s Workforce Revolution: Women Driving Factory Success

In recent years, Saudi Arabia has witnessed a remarkable transformation in its industrial sector. Women are increasingly taking the helm in factories across the kingdom,...

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By David SmithIn Business, NewsPosted October 26, 2024

Saudi EXIM Bank Signs Three MoUs to Boost Non-Oil Exports Globally

The Saudi Export-Import Bank (Saudi EXIM) has taken a significant step towards diversifying Saudi Arabia’s economy by signing three memoranda of understanding (MoUs) with major...

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By Rian LordIn Business, Food, NewsPosted October 19, 2024

Egypt Achieves USD 4.04 Billion in Agricultural Exports Within First 10 Months of 2024

Egypt has reported a remarkable surge in its agricultural exports, surpassing 6.9 million tons between January 1 and October 16, 2024. This impressive performance has...

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By David SmithIn Business, NewsPosted October 14, 2024

Saudi Arabia Sets Sights on Global Logistics Leadership by 2030

RIYADH — Saudi Arabia is gearing up to transform itself into a premier global logistics hub by 2030, according to Abdulaziz Al-Duailej, president of the...

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By Emma JohnsonIn Business, NewsPosted October 9, 2024

BPKH Limited Partners with Sidra Capital to Manage Saudi Hotels

BPKH Limited, a subsidiary of Indonesia's Hajj Financial Management Agency (BPKH), has announced a strategic partnership with Sidra Capital to manage hotel assets as part...

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By David SmithIn Business, NewsPosted October 8, 2024

Pizza Hut Launches Inclusive ‘Opportunity4All’ Restaurants in Saudi Arabia

Pizza Hut is taking a significant step towards inclusivity by launching its first ‘Opportunity4All’ restaurant in Saudi Arabia. In collaboration with Americana Restaurants, the global...

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By Noah MillerIn Business, NewsPosted October 3, 2024

AVIAREPS Opens Office in Saudi Arabia

AVIAREPS, a leading international representation company for aviation, tourism, and hospitality, has expanded its global footprint by opening a new office in Riyadh, Saudi Arabia....

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By Rian LordIn Business, NewsPosted October 3, 2024

The Global Logistics Forum 2024: Leading Minds to Shape the Future in Riyadh

The Global Logistics Forum (GLF) 2024 is set to take place in Riyadh from October 12-14, bringing together a powerhouse lineup of industry leaders, innovators,...

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By David SmithIn Business, NewsPosted October 3, 2024

Harvard Square Welcomes Egyptian-Influenced Luxor Cafe

Harvard Square has recently welcomed a new addition to its vibrant community with the opening of Luxor Cafe, an Egyptian-influenced cafe-deli. Located on Mt. Auburn...

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By Ava WilliamsIn Business, NewsPosted October 3, 2024

Fujifilm Opens New Office in New Cairo

Fujifilm Middle East and Africa has officially inaugurated a new office in New Cairo, marking a significant milestone in its expansion strategy. This new office...

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By Emma JohnsonIn Business, NewsPosted October 2, 2024

Saudi Arabia Sees Mining Dealmaking in Canada

Saudi Arabia is making significant strides in the mining sector by forging new partnerships and deals in Canada. This strategic move is part of the...

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By Emma JohnsonIn Business, NewsPosted September 30, 2024

Saudi: Fourth Milling’s IPO Registers $27.25 Billion Order Book; Final Offer Price Unveiled

In a landmark financial event, Saudi Arabia’s Fourth Milling Company has successfully completed its initial public offering (IPO), generating an impressive order book of $27.25...

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By Ava WilliamsIn Business, Construction, NewsPosted September 28, 2024

Riyadh to Host Cityscape Global in November with 400+ Real Estate Giants Showcasing Visionary Projects

Riyadh is set to host the second edition of Cityscape Global, the largest real estate event in the Middle East, from November 11th to 14th,...

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