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...
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...
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...
Egypt’s Construction Sector to Witness 8% CAGR Until 2029: JLL
Egypt’s construction sector is poised for significant growth, with a projected compound annual growth rate (CAGR) of over 8% until 2029, according to the latest...
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...
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...
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...
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...
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...
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...
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...
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...