Business

Saudi Arabia Leading Investor in Bahrain Technology Sector

Saudi Arabia Leading Investor in Bahrain Technology Sector

Saudi investors have been among the leading investors in the technology sector in Bahrain, according to recent data published by Bahrain’s Ministry of Industry, Commerce and Tourism. The Ministry said that the investors are taking advantage of low business costs in the ICT sector in Bahrain. T

British Expert Praises Saudi Economy Reform Measures

British Expert Praises Saudi Economy Reform Measures

Steffen Hertog, a Gulf specialist and associate professor at the London School of Economics and Politics, affirmed that the Saudi reforms in the past three years give hope to achieve a competitive economy, away from oil. Riyadh has started the implementation of a roadmap in order to push Saudi Ar

Egypt Sees ‘Steep Rebound’ in Tourists

The number of tourists to Egypt soared 40 percent in the first nine months of 2018 from a year earlier, recovering from a slump that began with the so-called “Arab Spring” and continued as unrest persisted, the tourism minister said. “We expect that by the end of 2018 we will not be at the levels

130 Companies from 22 Countries Partake in Saudi National Security, Risk Prevention Expo

130 Companies from 22 Countries Partake in Saudi National Security, Risk Prevention Expo

Under the patronage of Saudi Minister of Interior Prince Abdulaziz bin Saud bin Nayef, Undersecretary of the Ministry of Interior Nasser bin Abdulaziz al-Dawood inaugurated the “Saudi National Security and Risk Prevention” (SNSR) Expo at the Riyadh International Convention and Exhibition Center.

Moody's Confirms Samba's Solvency, Capital, Asset Quality

Moody's Confirms Samba's Solvency, Capital, Asset Quality

Moody's confirmed that Samba Financial Group maintained its advanced credit rating with stable prospects in line with the stable outlook for the A1's sovereign rating, supported by the Group's high solvency, strong liquidity, high flexibility against asset risk and high profitability reduces the lik

UAE to Host Global Future Councils' 3rd Meeting

UAE to Host Global Future Councils' 3rd Meeting

The UAE government is set to host in Dubai the World Economic Forum’s third Annual Meeting of the Global Future Councils in collaboration with the WEF. More than 700 world-leading experts from over 70 countries will participate in the November 11-12 meeting, which aims to address preparations for

Egypt: Dairy Sector Develops Rapidly as Animal Protein Prices Rise

Egypt: Dairy Sector Develops Rapidly as Animal Protein Prices Rise

Dairy is a basic protein source for Egyptians due to its cheap prices compared to other animal protein sources. Tetra Pak statistics revealed that Egyptians consume more than 60 tons of dairy annually.

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