The steel manufacturing facility has an annual production capacity of 2.5 million tonnes of direct reduced iron and nearly 1.7 million tonnes of steel
The expansion of flynas’ fleet is expected to boost the airline’s capacity and range while enhancing its overall fleet capabilities
The “billionaire tax” would be aimed at the world’s richest individuals such as Tesla owner Elon Musk
The Suez Canal, is a key source of foreign currency for Egypt, and authorities have been trying to boost its revenues in recent years
The establishment of the Jeddah factory is expected to create job opportunities for Saudi youth
The winners of the Gulf Business Awards 2024 will be announced at a gala dinner and awards ceremony in Dubai on September 24
Saudi Arabia witnessed a 22.9 per cent increase in visitor spending in Q1 2024 compared to the previous year
The PIF has a sprawling portfolio of investments ranging from date farms to multinational conglomerates
The MD of Al-Futtaim Electric Mobility Company shares that EV maker BYD’s SEAL, SONG PLUS and HAN models are very popular in the UAE and Saudi Arabia
The VP and GM of Honeywell Building Automation (META) delves into the company’s expansion strategy in Saudi Arabia, including the opening of its new facility in Dhahran
The bridge will connect guest rooms and suites, a club house, a spa, and a signature Equinox Hotels fitness club
Jack Fletcher, a privacy expert at FTI Consulting, shares his perspectives on the current state of readiness among organisations ahead of the enforcement of the Saudi Personal Data Protection Law in September
New Delhi exports more than 4 million metric tons of premium long-grain rice to countries such as Iraq, Saudi Arabia, the UAE and the US
OPEC+ is currently cutting output by about 5.7 per cent of global demand, in a series of steps agreed since late 2022
The Flynas-Airbus deal announcement could come as early as this week’s Farnborough Airshow
The exact start of Ramadan can vary each year due to differing interpretations and methods used to sight the new moon
In a statement posted late on Friday by Saudi Arabia’s airports company, Matarat Holdings, it confirmed that operations are back to normal
In Saudi Arabia, the IA issued a statement in Arabic to confirm the integrity and safety of its systems and the systems of the sector
The state-owned airline made a firm order for 50 of its eVTOL aircraft, with an option for an additional 50 later
The departure means state-owned Deutsche Bahn needs to lower its sights on proceeds because Bahri’s offer was the highest
In line with the partnership with Eversendai, Emirates Steel will supply premium steel beams for the construction of the ski village
Red Sea shipping disruptions having a ‘cascading impact’ said the shipping giant
The kingdom wants to be the world’s biggest supplier of hydrogen, Saudi Energy Minister Prince Abdulaziz bin Salman al-Saud said in 2021
State-owned parent Saudia Group had placed an order for 105 narrow-body Airbus planes in May
The IMF now projects Saudi Arabia’s GDP growth to be 1.7 per cent this year, a reduction of 0.9 percentage points from its April forecast
A subsidiary of Saudi Arabia’s Public Investment Fund (PIF) has unveiled designs of Riyadh’s New Murabba Stadium.
The project, expected to be delivered this year, will improve the stability and reliability of Saudi Arabia’s power grid.
After a prolonged lull, demand for larger wide-body planes is accelerating sharply as airlines renew capacity, impacting Airbus’ forecast for the long-haul fleet
The agreement aims to provide a slew of benefits tailored for global companies seeking to relocate to the kingdom
Yasir Al Rumayyan met with high-level officials in China including the minister of commerce and Beijing’s mayor