Profit rose mainly due to the reversal of SAR690m of impairments associated with Clariant AG
GAC has five showrooms in four cities spread out across Madinah, Riyadh, Dammam and Jeddah
Trade between the two countries hit $2.17bn in Q3 2020
The new banknote will be put into circulation on October 25, 2020, as an official legal banknote
Back to the Roots to use funding to scale up distribution, marketing, for seed packet line
The additional routes will increase Saudia’s total number of international destinations to 33
Members of the family own a 67 per cent stake worth about $2.2bn in BinDawood Holding Co
Saudi Arabia lays out ambitious national AI strategy
The death toll in the UAE has risen to 472
The death toll in the UAE has risen to 470
The National eSIM Platform will be deployed at the STC data centre for use by all operators
The death toll in the UAE has risen to 466
SABIC suspended new capital spending earlier this year as it reported losses in the first and second quarters
The number of pilgrims allowed to perform Umrah has increased to 15,000 per day
Global market for SD-WAN to expand by 48 per cent annually from 2020 to 2027
The death toll in the UAE has risen to 452
Infor WMS will manage MenaBev’s end-to-end warehouse operation
Jarir, whose business also involves books and computers, reported a 16 per cent drop in third-quarter profit
The Saudi airline restarted international flights on September 15 after six-months of Covid-19 restrictions
The new cases mark the UAE’s highest daily rise in infections
While oil prices have more than doubled since OPEC+ began curbing supplies, Brent crude is still down 36 per cent this year
The second highest daily rise in new cases, equalling 1,231, was reported on October 3
The registered infection count in the UAE has risen past 107,000
The new bank will have total assets of more than $220bn, creating the Gulf region’s third-largest lender
Virtual kitchen brand to expand its number of brands by five
Saudi Arabia published an overview of its spending for the next three years that envisages annual cuts to help contain its fiscal deficit
The oasis covers an area of over 85.4 square kilometers
Bomb-laden drones were launched towards the kingdom’s southern region on Saturday and Sunday
The death toll in the UAE has risen to 438
The Organization of Petroleum Exporting Countries and allies including Russia are to meet on November 30-December 1 to review policy on production