Saudi Aramco, the global energy titan, announced a significant 15% year-on-year decline in its third-quarter profits, attributing the downturn to sustained low oil prices. In...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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....
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,...
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...
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...
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...
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...