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Category: Business

By David SmithIn Business, NewsPosted April 7, 2025

British Airways Resumes Tel Aviv Route, Signaling Easing Travel Risk to Israel

After an 18-month suspension triggered by regional instability, British Airways has resumed its direct flights to Tel Aviv, marking a significant moment for Israel’s international...

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By Ava WilliamsIn Business, NewsPosted December 13, 2024

Saudi Arabia’s Pharmaceutical Market Poised for Robust Growth by 2031

Saudi Arabia's pharmaceutical sector is on a promising trajectory, with estimates valuing the market at US$ 12.60 billion in 2024. Projections indicate a steady CAGR...

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By Rian LordIn Business, NewsPosted December 13, 2024

Egypt and EU Forge Strong Ties in Apple Export Sector

Egypt and the European Union are ramping up their cooperation in the apple export sector, signaling promising prospects for both regions. During a conference held...

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By David SmithIn Business, NewsPosted December 13, 2024

Transport of Vital Oil and Gas Equipment from Saudi Arabia to Singapore

Total Movements Pvt. Ltd made headlines this week by successfully moving a massive 1500 cubic meters of essential oil and gas equipment from Saudi Arabia...

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By Emma JohnsonIn Business, News, TravelPosted December 12, 2024

Hilton to Triple Its Footprint in Egypt with Plans for 25 New Hotels

Global hospitality giant Hilton has announced ambitious plans to significantly expand its presence in Egypt by opening 25 new hotels across the country. This move,...

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By David SmithIn Business, NewsPosted December 9, 2024

UK-Saudi Partnership to Inject £250M into Greater Manchester, Creating Over 1,000 Jobs

The UK Government has unveiled an ambitious project aimed at injecting £250 million into a research and innovation hub in Greater Manchester. This landmark partnership...

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By Noah MillerIn Business, NewsPosted December 9, 2024

Syrian Businesses Celebrate in Western Cairo Following Assad’s Fall

People pass a Syrian restaurant in western Cairo, where Syrian businesses have clustered, and the air buzzed with celebration after the fall of Bashar al-Assad...

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By Emma JohnsonIn Business, NewsPosted December 5, 2024

Egypt’s Mid Takseet Rebrands as MOGO, Increases Capital to $4.51 Million

Egypt's Mid Takseet consumer finance company has officially rebranded as MOGO (Money on the GO) and significantly increased its capital to EGP 225 million (approximately...

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By Rian LordIn Business, NewsPosted December 5, 2024

MSMEDA Allocates $5.31 Million to Support Furniture Projects in Damietta

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has allocated EGP 265 million (approximately $5.31 million) over the past decade to support furniture manufacturing...

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By Noah MillerIn Business, NewsPosted November 29, 2024

Saudia A330-300 Business Class: A Superb Flight Experience

Flying in business class is always an exciting treat, but when everything from the service to the food is top-notch, it becomes an experience worth...

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By David SmithIn Business, NewsPosted November 28, 2024

InvestHK Launches Cairo Office to Strengthen Links with MENA Region

InvestHK has unveiled its new Cairo office, aiming to draw businesses from the Middle East and North Africa (MENA) to Hong Kong. This move is...

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By Ava WilliamsIn Business, NewsPosted November 27, 2024

Banan: Riyadh’s Vibrant Celebration of Global Handicrafts Kicks Off

Riyadh is buzzing with creativity as the second edition of Saudi International Handicrafts Week, known as Banan, commences today at Roshn Front. Running until November...

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By David SmithIn Business, NewsPosted November 25, 2024

Nice One to Launch IPO on Saudi Exchange, Bolstering E-Commerce Growth

Saudi Arabia’s leading beauty-focused e-commerce platform, Nice One Beauty Digital Marketing Company, has announced its plans to undertake an initial public offering (IPO) on the...

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By Noah MillerIn Business, NewsPosted November 25, 2024

Mideast Stocks Surge on Oil Rally as Egypt Faces Decline

Gulf stock markets rallied on Sunday driven by rising oil prices, while Egypt's index slipped amid economic concerns. Oil Prices Propel Gulf Markets Higher Oil...

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By Ava WilliamsIn Business, NewsPosted November 22, 2024

Egypt’s Red Sea Wind Energy Secures $51M Loan from JBIC to Expand Wind Farm Capacity

Egypt's renewable energy sector takes a significant leap forward as Red Sea Wind Energy signs a $51 million loan deal with Japan Bank for International...

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By Rian LordIn Business, NewsPosted November 21, 2024

Saudi: Qassim Cement to Pay $19.06 Million Dividends for Q3-24 Following 800% Profit Surge

Qassim Cement Company has declared a substantial cash dividend of SAR 71.34 million ($19.06 million) for the third quarter (Q3) of 2024, as disclosed in...

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