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Saudi exchange triples daily trading limits for new listings

Starting November 8, newly listed stocks will be allowed to rise or fall 30 per cent on their first three days of trading

Dubai Design District extends support to Lebanon’s design industry

d3 offers Lebanese designers and startups space to rebuild after the August port blast

World’s largest fish and meat online retailer raises $121m to expand operations

The funds will support the brand’s expansion in India and the Middle East with plans to launch in Saudi Arabia

Covid-19 update: UAE reports 1,390 cases; 466 infections registered in Oman

The death toll in the UAE has risen to 482

Saudi tech startup Foodics launches $100m fund for SMEs

Foodics partnered with Maalem Financing to launch the fund

Turki Al Malki, Saudi coalition

Saudi forces destroy drones targeting civilians in the kingdom

The kingdom destroyed armed drones launched from Yemen on Saturday, Sunday and Monday

Ericsson boosts 5G expertise in Saudi Arabia

Fresh Graduates Programme employs 100 youth in the kingdom

GCC Covid-19 update: UAE reports 1,111 cases; 422 infections confirmed in Oman

The death toll in the UAE has risen to 480

Saudi chemicals maker SABIC posts profit as demand revives

Profit rose mainly due to the reversal of SAR690m of impairments associated with Clariant AG

GAC Motor GA8

GAC Motor launches all-new GA8 sedan in Saudi Arabia

GAC has five showrooms in four cities spread out across Madinah, Riyadh, Dammam and Jeddah

Third quarter Saudi-Bahrain trade surges by 43%

Trade between the two countries hit $2.17bn in Q3 2020

Saudi Arabia issues new SAR20 note to mark G20 Presidency

The new banknote will be put into circulation on October 25, 2020, as an official legal banknote

Prince Khaled’s KBW Ventures invests in US-based organic seed startup

Back to the Roots to use funding to scale up distribution, marketing, for seed packet line

Saudia 3

Saudia to resume flights to 13 more destinations in Nov, including cities in India

The additional routes will increase Saudia’s total number of international destinations to 33

Saudi tycoons expand fortune as grocery chain soars after IPO

Members of the family own a 67 per cent stake worth about $2.2bn in BinDawood Holding Co

Saudi Arabia Riyadh

Saudi Arabia lays out ambitious national AI strategy

Saudi Arabia lays out ambitious national AI strategy

GCC Covid-19 update: UAE registers 1,538 cases; 451 infections confirmed in Oman

The death toll in the UAE has risen to 472

GCC Covid-19 update: UAE reports 1,077 cases; 886 infections confirmed in Kuwait

The death toll in the UAE has risen to 470

STC to deploy Thales eSIM technology in Saudi Arabia

The National eSIM Platform will be deployed at the STC data centre for use by all operators

GCC Covid-19 update: UAE reports 915 cases; 686 infections confirmed in Kuwait

The death toll in the UAE has risen to 466

Aramco, Sabic to reassess $20bn crude-to-chemicals project

SABIC suspended new capital spending earlier this year as it reported losses in the first and second quarters

Saudi umrah 2

Saudi resumes Umrah at 75% capacity, allows prayers at the Grand Mosque

The number of pilgrims allowed to perform Umrah has increased to 15,000 per day

Dubai-based BIOS Middle East adds VMware SD-WAN to managed services portfolio

Global market for SD-WAN to expand by 48 per cent annually from 2020 to 2027

Covid-19

GCC Covid-19 update: UAE reports 1,398 new cases; 520 infections registered in Oman

The death toll in the UAE has risen to 452

Saudi Pepsi bottler MenaBev picks Infor for warehouse management software

Infor WMS will manage MenaBev’s end-to-end warehouse operation

Saudi retailer Jarir joins rival to pin hopes on iPhone sales

Jarir, whose business also involves books and computers, reported a 16 per cent drop in third-quarter profit

Saudia flight

Saudia resumes flights to 20 international destinations

The Saudi airline restarted international flights on September 15 after six-months of Covid-19 restrictions

GCC Covid-19 update: UAE registers 1,431 new infections; total cases rise past 110,000

The new cases mark the UAE’s highest daily rise in infections

Saudi Prince and Putin urge OPEC+ compliance as oil prices sag

While oil prices have more than doubled since OPEC+ began curbing supplies, Brent crude is still down 36 per cent this year