Dubai's Non-Oil Sector Grows Near 5-Year High In February
Dubai's non-oil sector rose to a five-year high in February, the highest level since May 2019, amid a significant surge in new order volumes, supported by healthy market conditions coupled with stronger sales efforts, a business survey showed Monday.
Saudi First Mills Logs Over 5% Growth In Full-Year Revenue
First Mills reported a 5.5% growth in revenues to $257.1 million (SAR 964.3 million) in 2023, primarily due to increased sales of flour
ADPIC Unveils Projects Worth $18B Across Abu Dhabi
The Abu Dhabi Projects and Infrastructure Centre (ADPIC) announces the launch of 144 projects worth AED66 billion ($17.97 billion) across the emirate.
Diversification strategies paying off for GCC economies
‘Business hubs such as Abu Dhabi Global Market have now been operating for a while and are on the radar screen of every entrepreneur as a potential destination where businesses can be established.’ (Reuters)
Saudi startup ecosystem takes a giant LEAP
Several new venture capital funds were set to launch, it was announced during LEAP 2024, Kingdom’s highly attended startup and technology event. (Supplied)
At Leap 2024, Hong Kong start-ups and investors lay groundwork to tap future Saudi Arabia growth
Start-ups and investors say attending the Leap tech conference is about building relationships for a market seen as ‘like China in the late 90s’ Saudi Arabia is seen by some as a growth market where sanctioned companies like Huawei and DJI can compete...
Security chief announces Makkah crowd control plan for Ramadan
Lt. Gen. Mohammed Al-Bassami, the director of Saudi Public Security, has stated the Umrah security plan for Ramadan 2024 includes a well-organized system to manage crowds, especially during prayer times, with specific attention given to Tarawih and TaHajj...
To silence critics for good, Saudi crown prince MBS has converted the futuristic Line city project into the world’s
The newest update video published by Saudi Arabian state project delivery body Neom reveals rapid progress on the ambitious The Line city project, with millions of cubic meters of earth and water being moved ‘around the clock.’
Instagram influencer ‘paid more than £2m’ in Saudi Newcastle takeover
An Instagram influences who had become close to the head of Saudi Arabia’s £500bn sovereign wealth fund received a multi million-pound fee from the takeover of Newcastle United despite not playing “any substantive role”, it has been alleged...
KSrelief launches Ramadan food project in Yemen, Indonesia.
KSrelief has also launched a food basket project in Jakarta in collaboration with the National Board of Zakat of Indonesia. (Supplied)
Saudi Aramco launches first marine fuel station for vessels in Saudi Arabia
Saudi Aramco launched Aramco Marina on Saturday — the first station in the Kingdom to supply fuel to yachts and boats in the Kingdom — at the Jeddah Yacht Club on the Red Sea coast. (File)
China playing long game for vital resources and military advantage in Antarctica, say analysts
Perched on the bleak southern coast of Inexpressible Island, China’s new crucifix-shaped scientific research station in Antarctica has triggered alarm bells about Beijing’s ambitions in the world’s southernmost continent. The Qinling base, occupyin...
Saudi Arabia is on a remarkable journey — I’ve seen it with my own eyes
In the past 18 months, Saudi Arabia has won the bid to host the World Expo 2030 (in a landslide vote); secured the 2029 Asian Winter Games and 2034 World Cup; attracted some of the world’s best football talent; shaken up the golf world with LIV Golf; con...
Veteran Saudi diplomat warns of consequences of Israel’s Gaza war, regional spillover risk
Ambassador Ali Awadh Asseri says ongoing brutality “will not make any human being happy, especially in the Muslim world”
Saudi Aramco introduces world’s first industrial AI model
Aramco plans to create a version with 1 trillion parameters by the end of this year.
