Business & Money | Thursday 20 June, 2024 5:48 am

Saudi merchandise imports rise to SAR 201.1B in Q1 2024

Saudi Arabia’s merchandise imports grew by 6% year-on-year (YoY) to almost SAR 201.1 billion in Q1 2024, according to data issued by the General Authority for Statistics (GASTAT).On a quarterly basis, merchandise imports fell by 0.3%, or nearly SAR 650.2 million. The following table...

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Business & Money | Thursday 20 June, 2024 5:13 am

Azizi Developments extends partnership with Xylem for Riviera, Vista and Beach Oasis

Azizi Developments, a leading private developer in the UAE, has extended its collaboration with Xylem, the leading manufacturer of pumps, valves, heat exchangers and accessories for plumbing, wastewater, and HVAC. Xylem will now also supply Azizi’s fourth phase in Riviera, situated in MBR City,...

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Business & Money | Thursday 20 June, 2024 5:12 am

Marketing, Healthcare, and Finance Emerged as Top Industries Hiring MENA Fresh Graduates in 2024

The 2024 Fresh Graduates in the MENA Survey by Bayt.com, the Middle East's #1 job site, and market research agency YouGov, was conducted to help identify which industries are most appealing to fresh graduates in the MENA region and to describe some of the challenges young job seekers face when...

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Business & Money | Thursday 20 June, 2024 5:07 am

Dubai Mall Transforms Guest Experience with New Paid Parking System in Collaboration with Salik

Dubai Mall, one of the world's largest and the most visited place on earth, announced a change to its parking system in collaboration with Salik Company PJSC, Dubai’s exclusive toll gate operator.  Starting Monday, July 1, the mall will introduce a paid parking system designed to...

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Business & Money | Thursday 20 June, 2024 5:03 am

Intersec the catalyst for potential industry investments worth over US$16.7 billion

 Messe Frankfurt Middle East has revealed that the 25th edition of Intersec, the world's leading business event for safety, security, and fire protection, held in Dubai earlier this year, resulted in a potential business buying capacity of over US$16.7 billion for the industry. The event...

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Business & Money | Thursday 20 June, 2024 5:01 am

Milestone Systems Wins Best in Business for Security at Inc. Arabia Awards Night

Milestone Systems, a leading provider of open platform video management software (VMS), is proud to announce its recent accolade for “Best In Business Awards—Security” at the first edition of the highly esteemed Inc Arabia Best in Business Awards 2024, a platform that sets the standard for...

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Business & Money | Thursday 20 June, 2024 4:57 am

Akasa Air expands its presence in the Kingdom of Saudi Arabia; commences operations from Riyadh

Akasa Air, India’s fastest-growing airline, commenced operations from Riyadh, connecting it to Mumbai with daily direct flights. The inaugural flight on 15th June 2024 departed Chhatrapati Shivaji Maharaj International Airport in Mumbai at 2220hrs IST and arrived at King Khalid International ...

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Business & Money | Wednesday 19 June, 2024 1:28 pm

FERRERO GROUP’S 15th SUSTAINABILITY REPORT DEMONSTRATES SOLID PROGRESS AS COMPANY ACCELERATES EFFORTS TO MEET ITS TARGETS

Dubai - The Ferrero Group has today announced the latest progress in its sustainability journey, with the release of its 15th Sustainability Report.Guided by Ferrero Group’s long-standing commitment to having a positive impact throughout its value chain, the report demonstrates the considerable...

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Business & Money | Wednesday 19 June, 2024 3:02 am

Saudi Arabia advances to 16th place in World Competitiveness 2024

Saudi Arabia advanced to the 16th place in the IMD World Competitiveness Ranking 2024, issued by the World Competitiveness Center of the International Institute for Management Development (IMD).   According to the report, the Kingdom ranked fourth among the G20 countries, supported...

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Business & Money | Wednesday 19 June, 2024 12:13 am

Three new IPOs added AED21.3 billion to UAE's stock market capitalisation in 2024

The local stock markets attracted a new market capitalisation of nearly AED21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line with market plans to double its market value to around AED6 trillion in the coming years. The initial public ...

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