Business

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Innovating nonstop for faster digitalization

Innovating nonstop for faster digitalization

RIYADH — HUAWEI DAY KSA 2021 was held in Riyadh on the 30th of November, bringing together industry thought leaders,…
ROSHN joins Saudi Arabia’s first F1 Grand Prix as a Founding Partner

ROSHN joins Saudi Arabia’s first F1 Grand Prix as a Founding Partner

JEDDAH — ROSHN is delighted to welcome visitors at this weekend’s inaugural F1 stc Saudi Arabian Grand Prix in Jeddah,…
Dubai’s DP World pulls out of Haifa port privatization bid

Dubai’s DP World pulls out of Haifa port privatization bid

Dubai’s DP World has pulled out of a joint bid with an Israeli company to privatize Israel’s Haifa port, Israel’s…
Musk exercises more options, sells Tesla shares worth $1.01 bln

Musk exercises more options, sells Tesla shares worth $1.01 bln

Tesla Inc Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to…
IMF says chief economist taking top leadership role

IMF says chief economist taking top leadership role

The IMF’s high-profile chief economist Gita Gopinath next month will become the number two official at the Washington-based crisis lender,…
Saudi Industrial Development Fund participates in Inlet Europe forum in Italy

Saudi Industrial Development Fund participates in Inlet Europe forum in Italy

RIYADH — Saudi Industrial Development Fund (SIDF), under the umbrella of “Invest in Saudi Arabia”, has participated in the…
Danube hosts ‘Racing Kitchen’ event with F1 Champion

Danube hosts ‘Racing Kitchen’ event with F1 Champion

JEDDAH — Danube supermarket and hypermarket chain in Saudi Arabia has hosted a ‘Racing Kitchen’ event at its Red Sea…
LuLu anchors amazing seafood festival

LuLu anchors amazing seafood festival

RIYADH — Ahoy there! LuLu Group’s flagship Hypermarkets have just anchored in with the most delicious and healthgiving marine bounty…
Dubai utility DEWA hires Citi, HSBC for top roles in upcoming IPO: Sources

Dubai utility DEWA hires Citi, HSBC for top roles in upcoming IPO: Sources

Dubai Electricity & Water Authority (DEWA) has hired Citigroup and HSBC in top roles for its upcoming initial public offering…
ADNOC’s national reserves rise 4 bln stock tank barrels

ADNOC’s national reserves rise 4 bln stock tank barrels

Abu Dhabi National Oil Company (ADNOC) announced on Wednesday an increase in national reserves of 4 billion stock tank barrels…