Business & Money | Tuesday 12 October, 2021 2:48 am

Saudi Solar Company Expands its Investments to France, Greece and Kazakhstan.

Desert Technologies, one of the world's leading companies in the field of renewable energy, recently signed an agreement with contracting companies for the construction of a 12 MW solar photovoltaic plant on the Greek island of Trifyila. The project is Desert Technologies’ first investment in the ...

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Business & Money | Tuesday 12 October, 2021 1:54 am

ACWA Power's shares rise by 30% in debut on Tadawul, raising PIF market value

 Riyadh-based ACWA, nearly half-owned by the Saudi sovereign fund (PIF) saw its shares jump by 30 percent on debut on the Saudi stocks exchange (Tadawul) on October 11. The market value of the company has increased by $3 billion in the first few minutes of trading,...

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Business & Money | Monday 11 October, 2021 1:11 am

Mastercard and Female Fusion collaborate to empower women entrepreneurs at Expo 2020 Dubai

Mastercard, the Official Payment Technology Partner of Expo 2020 Dubai, has teamed up with the region’s largest network for women-owned businesses, Female Fusion, to unlock opportunities for women entrepreneurs at the world’s largest cultural gathering. The collaboration will result in a...

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Business & Money | Sunday 10 October, 2021 3:14 pm

Seera Group’s Lumi brings industry-first to Saudi Arabia with exclusive rentals of Harley-Davidson bikes

Lumi, Seera Group’s vehicle rental business, has set an industry-first in the Kingdom to provide Harley-Davidson bikes on rent exclusively. Through its partnership with Harley-Davidson Motor Company, Lumi has launched the first fleet of touring and cruiser motorcycles that enable bike aficionados ...

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Business & Money | Sunday 10 October, 2021 3:59 am

Innovation in the spotlight as Saudi Arabia’s Ithra encourages Eastern Province to get creative

Registration is now open for participation in the second annual Al-Sharqiya Gets Creative initiative. Organized by the King Abdulaziz Center for World Culture, also known as Ithra, it includes events and activities in 10 creative fields to help develop the Easter Province as a hub of...

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Business & Money | Thursday 7 October, 2021 2:24 am

World Bank official predicts 3.3% GDP growth for Kingdom in 2022

With an improvement in global oil demand, the World Bank has predicted Saudi Arabia’s average gross domestic product to reach 2.4 percent in 2021 and 3.3 percent the next year.Issam Abousleiman, the World Bank’s director for GCC countries, told Arab News that rapid...

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Business & Money | Wednesday 6 October, 2021 10:20 am

FreezoneMarket.ae

FreezoneMarket.ae Many entrepreneurs all over the world wish to conduct business in the United Arab Emirates. This is because; UAE offers good benefits that are attractive to entrepreneurs in different parts of the world. Unlike in most countries where the charge on tax is extremely high, it...

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Business & Money | Wednesday 6 October, 2021 10:17 am

Guide: Business Setup in UAE’s Free Zones

Guide: Business Setup in UAE’s Free Zones  Advancements in the technology sector stimulate massive growth of global e-commerce powered by modern digital payment systems. The Emirates have several free zones that offer full support for any business set up in UAE, but the famous and...

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Business & Money | Wednesday 6 October, 2021 2:17 am

SAUDIA with SABB and Mastercard launch Revamped ALFURSAN MastercardPlatinum Co-branded Credit Card

Saudi Arabian Airlines (SAUDIA), the Kingdom’s national carrier, has announced the launch of the revamped SABB-ALFURSAN Mastercard Platinum co-branded credit card in partnership withThe Saudi British Bank (SABB).The ALFURSAN co-branded card which was previously available with Alawwal Bank has...

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Business & Money | Wednesday 6 October, 2021 2:00 am

Saudi non-oil growth at 7-year high in September: IHS

The easing of pandemic-induced restrictions on business activity and travel has pushed Saudi Arabia’s non-oil private sector to grow in September - at the fastest rate in seven years, according to IHS Markit.  The relaxation of the regulations boosted customer demand, the latest IHS...

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