- Saudi Non-Oil Exports Rose by 13.1% in 2024
- Mawani and Alissa Universal Motors sign agreement worth SR300 million to establish Logistics Zone at King Abdulaziz Port in Dammam
- Saudi market shows resilience in Q1 2025 despite global volatility: Report
- UAE and Egypt could benefit most from global trade shift
- Industrial investments in Qatar reach $13.8m in Q1
- India is the GCC investor’s safe haven by design and default
- Riyadh Real Estate Awaits Impact of Measures to Curb Price Surge
- The start of Lebanon’s economic recovery may be in sight
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Rotana, a premier hotel management firm operating across the MENAT region with a portfolio of more than 100 properties, including those in the Middle East, Africa, Eastern Europe, and Türkiye, reveals the soft launch of Dar Rayhaan by Rotana, Al Khobar, in the Kingdom of Saudi Arabia (KSA). Philip Barnes, Rotana’s CEO, shared his thoughts on the announcement, highlighting, “The Kingdom’s emphasis on diversifying its economy and welcoming tourism has generated extensive opportunities for growth and development. The inauguration of Dar Rayhaan by Rotana in Al Khobar marks a significant milestone and holds a crucial role in supporting the…
Diriyah Company is thrilled to announce an exciting partnership with the renowned Italian fashion brand Dolce&Gabbana, alongside Saudi Arabia’s Almalki Group. This collaboration marks the debut of a premier luxury retail store at Bujairi Terrace, set to become the largest branch in Saudi Arabia, opening later this year. This new Dolce&Gabbana venue will provide a unique experience for both fashion fans and food lovers, attracting visitors not only from Saudi Arabia but also from around the world. Since the mid-1980s, this famous brand has been around and will have a big impact on Diriyah’s culture. Alongside the stunning…
Madrid will be hosting a special event on April 24th and 25th, the ‘NEXT IN’ forum, organized by ACCIONA Cultura and the event focuses on discussing what the future holds for art. The gathering will bring together delegates from well known museums worldwide, including Museo Nacional del Prado, Musées d’Orsay et de l’Orangerie – Valéry Giscard d’Estaing, Victoria and Albert Museum, and Louvre Abu Dhabi, among many others. Additionally, cultural organizations like Qatar Museums, Diriyah Gate Development Authority (DGDA), Royal Commission for Riyadh City, Royal Commission for AlUla, and MiSK Art Institute will be there. Also taking part…
Genesis, a leader in luxury automotive design, revealed its revamped GV80 and GV80 Coupe models at an exclusive event in Seoul on April 22, 2024. This unveiling marks a significant leap forward for the brand, showcasing its blend of tradition and innovation and a strong commitment to cutting-edge design, technology, and exceptional customer experience. The event, held at the esteemed Seoul Wave Art Center, was attended by regional representatives and correspondents, signifying Genesis’ strategic move to connect Korean automotive excellence with the Middle East market. The launch wasn’t just a showcase but an immersive experience, highlighting Korean hospitality (‘Son-nim’)…
ACCIONA, known for sustainable projects worldwide, introduced its “Water Care” campaign in Saudi Arabia on World Water Day 2024. Focused on sustainability, ACCIONA aimed to teach around 350 12-year-old children about conserving water, empowering them to protect this important resource. In line with ACCIONA’s focus on sustainability, the campaign began in schools across Al Khobar, Medina, Riyadh, and Tabuk on March 20th and 21st, just before World Water Day. The goal was to stress the importance of conserving water resources. “We believe that educating the younger generation about water conservation is pivotal to securing a sustainable future,” says the…
barq achieves new heights in financial services through a strategic collaboration with Western Union
barq has announced a strategic partnership with Western Union, a global leader in international money transfers.This collaboration aims to redefine remittance services in the Kingdom, enabling millions of users to send and receive money through the barq app with unmatched ease and security.By combining Western Union’s extensive global payment network with barq’s advanced financial technology, users can now enjoy immediate access to international money transfer services directly within the barq app.This partnership aligns seamlessly with the goals of Saudi Vision 2030, which focuses on accelerating digital transformation and fostering financial inclusion across the Kingdom.Through this integration, barq users will benefit…
In Saudi Arabia’s modernizing society, English proficiency is crucial for young people, granting them access to international education, cultural experiences, and various personal growth opportunities. Research by Pearson underscores how English empowers Saudi youth to confidently navigate a globally interconnected world. English serves as a gateway for Saudi youth to connect with the global community, offering opportunities to learn about different cultures and engage in meaningful conversations. This language fluency helps them understand and respect diverse lifestyles, promoting inclusivity and open-mindedness. With a large portion of the world speaking English, mastering it allows young Saudis to be global citizens,…
Alamy via Reuters Following high-level meetings with President Donald Trump and Vice President JD Vance, a $1.4 trillion, 10-year US investment agreement was reached 10-year plan Increased US investment Adnoc adds support The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, a White House official said on Friday. The new framework will “substantially increase the UAE’s existing investments in the US economy” in AI infrastructure, semiconductors, energy and American manufacturing, the official told Reuters. The official said that the agreement resulted from a meeting…
Cigalah Healthcare, a major name in Saudi healthcare for medicines and medical tools, has made a significant deal with Abdi Ibrahim, a top pharmaceutical company in Turkey. This partnership aims to bring in high-quality medicines to Saudi Arabia. This partnership marks a significant step forward for both companies in the region, aiming to raise healthcare standards across the board. It reflects a broader trend of collaboration within the pharmaceutical industry to improve regional healthcare offerings. The partnership involves importing products directly into the country and also manufacturing them locally, creating numerous job opportunities for Saudi nationals and improving the…
Alamy A shopper studies a display in the gold souk in Dubai. Investors are turning to gold in the face of economic uncertainty Imports Switzerland to UAE double 3,456kg imported in February Dubai emerging as gold trading centre Imports of physical gold from Switzerland to the UAE almost doubled month on month in February as investors turned to so-called safe haven assets against the backdrop of US President Donald Trump’s tariff war and diverging global interest rate policies. According to Swiss customs data 3,465kg of the precious metal was imported to the UAE in February, up 80 percent on January.…