Business & Money | Tuesday 13 June, 2023 3:57 pm

JAGGAER event to help Middle East & African clients future-proof their business through Autonomous Commerce

 JAGGAER, the global leader in Autonomous Commerce, today hosted its annual regional User Group event at the prestigious Address Boulevard Hotel, Dubai.   Customers and clients from across the Middle East and Africa gathered to discover and explore best practices around the new...

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Business & Money | Tuesday 13 June, 2023 3:46 pm

Red Sea International completes 51% stake acquisition in First Fix

Red Sea International (RSI) announced the acquisition of 51% of the share capital of The Fundamental Installation for Electric Work Company Ltd, First Fix, by means of cash consideration. The agreement was executed on Tuesday in Riyadh. The acquisition closure will be subject to satisfaction of...

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Business & Money | Tuesday 13 June, 2023 12:30 pm

Clara launches new office in Saudi Arabia

Clara, the legal technology company that digitizes and automates legal tasks for founders, is expanding its regional presence with the opening of an office in Riyadh, Saudi Arabia. Clara enables start-ups to concentrate on developing their businesses rather than becoming mired in legal...

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Business & Money | Tuesday 13 June, 2023 12:27 pm

Royse Furniture starts its flagship joinery division in Ras Al Khaimah

Ras Al Khaimah Economic Zone (RAKEZ) announced the successful establishment of Royse Furniture Industries in its Al Hamra Industrial Zone. With a notable investment, Royse Furniture Industries produces hotel furniture in its state-of-the-art new factory sprawling across 440,000...

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Business & Money | Tuesday 13 June, 2023 12:13 pm

Dubai maintains growth trajectory for real estate sector throughout H1 2023

Unique Properties, one of Dubai’s leading real estate agencies, cites yet another strong surge in the emirates property sector with recent data indicating a 78% increase in sales volume in May 2023 when compared to the same period one year ago; 11,700 real estate transactions were logged last...

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Business & Money | Tuesday 13 June, 2023 11:47 am

10th EDITION OF ARAB-CHINA BUSINESS CONFERENCE ENDS WITH LANDMARK ANNOUNCEMENT OF RIYADH DECLARATION

The 10th edition of the Arab-China Business Conference successfully concluded today in Riyadh, Kingdom of Saudi Arabia. The conference featured 9 panels, 18 workshops, several private meetings and hosted 150 speakers to explore, discuss and amplify Arab-Chinese economic cooperation. The...

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Business & Money | Tuesday 13 June, 2023 11:28 am

Bank of China to open first branch in Riyadh in November

Bank of China is working to open its first branch in Saudi Arabia in Riyadh, expecting to start operations by the end of October or the beginning of November 2023, Jun Tian, Head of Team for Launch of New Branch, said.   In an interview with Asharq Business, he explained that the...

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Business & Money | Tuesday 13 June, 2023 11:02 am

Saudi Arabia eyes $20 bln investments in food industry by 2035: Minister

Bandar Alkhorayef, Minister of Industry and Mineral Resources, said the ministry seeks to attract investments worth $20 billion in the food industry sector by 2035, the Saudi Press Agency reported.   This mainly includes poultry, dairy, bakery, and sweets, as well as the beverage and ...

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Business & Money | Tuesday 13 June, 2023 10:53 am

Cost of Living Evolves in Saudi Arabia in line with Swift Economic Progress, Mercer 2023 Report Shows

The recently released Cost of Living 2023 survey by Mercer provides an in-depth view of worldwide affordability. According to the data, Riyadh and Jeddah have ascended the rankings to the 85th and 101st spots respectively, however, they are still positioned among the more economically...

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Business & Money | Tuesday 13 June, 2023 10:31 am

Dubai wins bid to stage Critical Communications World 2024

Professional Communication Corporation (Nedaa), the exclusive Secure network provider for the Government of Dubai, has announced that Dubai has won its bid to host next year’s Critical Communications World (CCW), the leading global conference and exhibition for the critical communications sector. ...

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