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Category: Business

By Rian LordIn Business, NewsPosted June 24, 2024

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...

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By Noah MillerIn Business, NewsPosted June 24, 2024

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...

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By Emma JohnsonIn Business, News, TechnologyPosted June 17, 2024

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,...

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By Ava WilliamsIn Business, Economy, NewsPosted June 15, 2024

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...

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By Ava WilliamsIn Business, NewsPosted June 10, 2024

Egyptian Startup Mal Bazaar Acquires Licensed Brokerage to Expand Insurtech Platform

In a significant move to enhance its market position, Egyptian insurtech startup Mal Bazaar has acquired a licensed insurance brokerage. This acquisition, approved by the...

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By David SmithIn Business, NewsPosted June 10, 2024

Riyadh Air and Egyptair Forge Strategic Partnership to Enhance Connectivity

In a significant move to bolster connectivity and enhance passenger services, Riyadh Air and Egyptair have signed a memorandum of understanding (MoU). This strategic partnership...

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By David SmithIn Business, NewsPosted May 29, 2024

Oil Rebounds Amid Escalating Middle East Tensions

Introduction Oil prices have staged a remarkable recovery after last week’s selloff, driven by escalating geopolitical tensions in the Middle East. As a Greek-managed bulk...

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By Noah MillerIn Business, NewsPosted May 28, 2024

Egypt’s Engineering Exports Surge to Historic High in 4M 2024

In a remarkable achievement, Egypt’s engineering exports have witnessed an unprecedented surge, reaching a historic high of $1.673 billion during the first four months of...

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By Rian LordIn Business, NewsPosted May 28, 2024

Imdaad-Misr to Provide Comprehensive FM Services for Nine Cairo Projects

In a strategic collaboration, Imdaad-Misr, a regional subsidiary of the Dubai-based group of integrated Facilities Management (FM) companies, has signed a service agreement with Gates...

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By Rian LordIn Business, NewsPosted May 15, 2024

Navigating Complex Ties: Turkey’s Oil Exports to Israel Amid Gaza Tensions

Turkey’s stance on the Gaza conflict is under scrutiny as it continues to supply oil to Israel, despite publicly condemning the nation’s actions in the...

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By Ava WilliamsIn Business, NewsPosted May 14, 2024

Golden Town’s Strategic Expansion: A Saudi-Egyptian Real Estate Venture

Golden Town Development, a Cairo-based real estate firm, has embarked on a strategic expansion by establishing a new venture with Saudi businessman Ahmed bin Abed...

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By David SmithIn Business, NewsPosted May 6, 2024

Pakistan’s Strategic Economic Expansion: Welcoming Saudi Investment

In a significant stride towards economic revitalization, Pakistan has opened its doors to a delegation of Saudi investors, signaling a new era of business opportunities...

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By Rian LordIn Business, News, TechnologyPosted April 9, 2024

OpsGuru: A Beacon of Innovation Awarded Google Cloud Partner of the Year

OpsGuru, a trailblazing consulting firm, has been recognized as the Google Cloud Partner of the Year for Services in Israel, a testament to their unparalleled...

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By David SmithIn Business, NewsPosted April 3, 2024

South Korean Consortium Secures Monumental $7.2 Billion Gas Plant Expansion in Saudi Arabia

In a landmark deal, South Korean firms Samsung E&A Co. and GS Engineering & Construction Corp. (GS E&C) have clinched a massive $7.2 billion contract...

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By David SmithIn Business, NewsPosted March 19, 2024

A Reassessment of Energy Transition: Perspectives from Saudi Aramco’s CEO

In a world striving for sustainable energy solutions, Amin Nasser, CEO of Saudi Aramco, presents a contrarian view on the global energy transition. His recent...

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By Noah MillerIn Business, News, SportsPosted March 13, 2024

Saudi Arabia’s Grand Slam: A $2 Billion Bid for Professional Tennis

In a bold move that could reshape the landscape of professional sports, Saudi Arabia’s Public Investment Fund (PIF) has reportedly put forth a staggering $2...

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