Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its interim financial results for the 6-month period...
According to the EY MENA IPO Eye Report, MENA IPO deal value increased by 222.6% to US$2,822.5m in Q2 2019, up from US$874.9m in Q2 2018. Six deals were recorded in Q2 2019, including one REIT listing, a decrease of 33.3% from the nine deals listed in Q2 2018.
The second quarter of the ...
In celebration of the Exclusive Commissioning granted by the Arabian Petroleum Supply company “APSCO”, based in Jeddah – Saudi Arabia, to Liquigas Liban S.A.L. “Liquigas”, based in Zouk Mikael – Lebanon, whereas Liquigas has...
Aimed at supporting talented Arab and Emirati youth in the region whilst also honing their scientific and cultural abilities, Sheikha Jawaher bint Khalifa Al Khalifa and Khulud Abu Homos, on Behalf of Jawaher Khalifa Al Khalifa Foundation for Youth Empowerment and Art Format Lab Production,...
Jollychic, the Middle East leading e-commerce platform, has recently completed C+ funding round, obtaining US $65 million(AED 238.5 million) in investment, the investor is the UAE technology giant G42 Group. In an unprecedented move of local strategic investor to fund a Chinese e-commerce...
Jollychic, the Middle East leading e-commerce platform, has recently completed C+ funding round, obtaining US $65 million(AED 238.5 million) in investment, the investor is the UAE technology giant G42 Group. In an unprecedented move of local strategic investor to fund a Chinese e-commerce...
Blueair, a world leader in air purification solutions, today announced that it has signed on Nikai as its distributor in Saudi Arabia further expanding its reach and sales network across the Kingdom. TR Ganesh, General Manager - Middle...
The ninth edition of the Middle East Banking Innovation Summit, organized by Exoptrade Global will begin in less than a month. To be held on 3rdand 4thSeptember 2019 at Jumeirah Emirates Towers Hotel, the two-day conference will witness over 45 of the world’s and the region’s notable...
Growth in Saudi Arabia's non-oil private sector lost momentum and slipped to a five-month low in July partly because of lower growth rates in output and new orders, a monthly survey of companies showed on Monday.
The seasonally adjusted IHS Markit Saudi Arabia Purchasing...
The Al-Mashaaer Al-Mugaddassah Metro Project (MMMP), a shuttle train service that operates during the Hajj season in Makkah, introduced a new means of transport for pilgrims, easing traffic bottlenecks by reducing congestion.
The project includes nine overground stations, each with a...