Category: BUSINESS
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Hilton to Quadruple Its Presence in Saudi Arabia amid Tourism Surge
Hilton, one of the world’s leading hotel groups, has announced plans to significantly expand its footprint in Saudi Arabia, aiming to reach 100 hotels by…
Berlin Eyes Partnership with Riyadh in Expo 2030, Climate Cooperation, Hydrogen Initiatives
The German Ambassador to Saudi Arabia affirmed his country’s commitment to strengthening cooperation with Saudi Arabia across various fields, noting that bilateral trade relations continue…
Saudi Arabia’s Real Estate Sector Sees Positive Growth Driven by Changing Economic Factors
Saudi Arabia’s real estate sector is experiencing positive growth driven by significant social and economic changes in the Kingdom, according to a recent report by…
China Says Successful US Trade Talks Make Return to Tariff War Unnecessary
China wants to bring its trade ties with the US back to a stable footing, its commerce minister said, adding that recent talks in Europe…
US Tariffs Would Eat Up German Growth in 2025
German Central Bank Chief: US Tariffs Would Eat Up German Growth in 2025 The Bundebank expects growth of 0.7% in Germany in 2026 but this…
Morocco – Hyundai to Enter Competition for Moroccan Shipyard
Reports from the Korean media indicate the HD Hyundai Heavy Industries, the holding company for the group’s shipbuilding operations, is exploring participating in the upcoming…
Diriyah Company Awards Major Contract for Landmark Arena Project
Saudi Arabia’s Diriyah Company has awarded a contract worth SAR5.75 billion to the branch of China Harbour Engineering Company Ltd. for the construction works of…
Wizz Air pulling out of Abu Dhabi and the Middle East?
Wizz Air is permanently withdrawing from Abu Dhabi and putting an end to its expansion in the Middle East. The Hungarian ultra-low-cost carrier announced the closure of its Middle East…
Masdar announces divestment of its stake to Tadweer Group
Abu Dhabi Future Energy Company – Masdar, one of the world’s leading renewable energy companies, on Wednesday announced the divestment of its stake, subject to…