Business

Under the recent plans announced by the Saudi Minister of Human Resources and Social Development Ahmed Al-Rajhi, sales outlets in the Al-Baha region will be required to only employ Saudi citizens as a part of […]

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The Japanese automaker Toyota Motor Corp.is ramping up development and production of the key components needed for hybrid and electric vehicles, announcing on Monday its plans to invest $3.4 billion in the US through 2030, […]

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Bitcoin price almost reached 60 thousand US dollars on Friday morning, having risen to this level for the first time since April, according to trading data from Binance exchange, the largest cryptocurrency exchange in terms […]

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Due to the global shortage of chips hobbling the automotive sector, the Czech Republic’s biggest exporter Skoda Auto, which is part of Volkswagen Group, may be forced to significantly reduce or even halt production starting […]

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Striving to meet Saudi Arabia’s growing international shipping demands, FedEx Express has announced on Thursday its plans to invest more than SR1.5 billion ($400 million) into the Saudi economy over the next 10 years, Gulf […]

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Less than a week after it published study data on the efficiency of its experimental oral drug for Covid-19, American pharma giant Merck announced on Wednesday it has reached an agreement to provide Singapore with […]

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The global ride-hailing company Uber that has introduced country-specific policies in Saudi Arabia to encourage Saudi female drivers and passengers to use the platform, has revealed on Monday a 50% year-on-year increase in female drivers […]

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As part of the government spending efficiency program, the Budget Forecast report published on Thursday by the Saudi Ministry of Finance shows its efforts to increase employment localization within the asset and utility management sector, […]

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Underscoring the global concerns about China’s growing power, the EU’s trade and digital chiefs Valdis Dombrovskis and Margrethe Vestager stressed on Monday that the US-EU Trade and Technology Council (TTC) will give Europe more influence […]

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In line with national efforts of Saudi Arabia to integrate more women into the its workforce, the Saudi unit of global camera maker Canon has promoted publicly its goal to have Saudi women make up […]

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British government has agreed to pay tens of millions of pounds for a US fertilizer firm to reverse its decision to shut two plants that had become uneconomic due to the rising gas prices, CNN […]

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Marlboro producer Philip Morris (PMI) made a step toward its announced long term plan to develop smoke-free products and turn itself into a broader healthcare and wellness company, Financial Times reports. The US cigarette maker […]

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Latest figures from the Saudi General Authority for Statistics (Gastat) published Monday show 11% growth in the second quarter of 2021 for Saudi Arabia’s private sector compared to the same period last year, pushing GDP […]

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Saudi Arabia’s state food procurement agency SAGO has announced a tender for the import of 360,000 tonnes of random wheat, Saudi media reported. According to the terms of the tender, the delivery to the grain […]

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Ramping up the battle for dominance in the fledgling sector in the Middle East, US-based EVs maker Lucid Motors announced construction of a factory in Saudi Arabia where it will produce electrical vehicles by 2024, […]

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