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Category: Business

By Ava WilliamsIn Business, NewsPosted July 17, 2024

South Korea Takes Administrative Steps Against Saudi Airline Over Flight Suspension

South Korea’s Ministry of Land, Infrastructure and Transport has initiated administrative measures against Saudi Arabian airline Saudia for suspending its direct flights to South Korea...

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By Ava WilliamsIn Business, NewsPosted July 17, 2024

Saudia Airlines Confident in Timely Airbus Jet Deliveries

Saudia Airlines has announced that it expects no delays in the delivery of its recently ordered Airbus jets, despite ongoing production challenges faced by the...

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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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