Business & Money | Tuesday 13 June, 2023 11:28 am

Bank of China to open first branch in Riyadh in November

Bank of China is working to open its first branch in Saudi Arabia in Riyadh, expecting to start operations by the end of October or the beginning of November 2023, Jun Tian, Head of Team for Launch of New Branch, said.   In an interview with Asharq Business, he explained that the...

More Details

Business & Money | Tuesday 13 June, 2023 11:02 am

Saudi Arabia eyes $20 bln investments in food industry by 2035: Minister

Bandar Alkhorayef, Minister of Industry and Mineral Resources, said the ministry seeks to attract investments worth $20 billion in the food industry sector by 2035, the Saudi Press Agency reported.   This mainly includes poultry, dairy, bakery, and sweets, as well as the beverage and ...

More Details

Business & Money | Tuesday 13 June, 2023 10:53 am

Cost of Living Evolves in Saudi Arabia in line with Swift Economic Progress, Mercer 2023 Report Shows

The recently released Cost of Living 2023 survey by Mercer provides an in-depth view of worldwide affordability. According to the data, Riyadh and Jeddah have ascended the rankings to the 85th and 101st spots respectively, however, they are still positioned among the more economically...

More Details

Culture & Education | Tuesday 13 June, 2023 10:33 am

MBSC Furthers Commitment to World-class Education with membership in Bloomberg Experiential Learning Program

Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC), a world-class business and entrepreneurship education leader, today announced that it has become a member in the Bloomberg Experiential Learning Partner (ELP) Program. The move aimed at fostering financial market awareness...

More Details

Business & Money | Tuesday 13 June, 2023 10:31 am

Dubai wins bid to stage Critical Communications World 2024

Professional Communication Corporation (Nedaa), the exclusive Secure network provider for the Government of Dubai, has announced that Dubai has won its bid to host next year’s Critical Communications World (CCW), the leading global conference and exhibition for the critical communications sector. ...

More Details

Business & Money | Tuesday 13 June, 2023 10:28 am

Azizi Developments partners with Italian porcelain tile manufacturer Florim S.p.A

Azizi Developments, a leading private developer in the UAE, is procuring Italian Florim S.p.A’s cerim porcelain tiles for its corridors at Creek Views II, situated in outstandingly well connected Dubai Healthcare City. Lever Building Materials LLC was contracted to deliver and install the...

More Details

Culture & Education | Tuesday 13 June, 2023 10:14 am

Rashid bin Hamdan Commends Winners of Hamdan-ICESCO Award for Voluntary Development of Education Facilities in the Islamic World

Sheikh Rashid bin Hamdan Al Maktoum, Supreme President of the Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance and His Excellency Dr. Salem Al-Malik, Director General of the Islamic World Educational, Scientific, and Cultural Organization (ICESCO), honored the...

More Details

Technology & IT | Tuesday 13 June, 2023 10:09 am

If You Think of Buying HONOR Magic5 Pro, You Should Take the Decision ASAP

Everybody wants HONOR Magic5 Pro! That’s true, the new flagship from HONOR has gained remarkable attention from users in the Middle East region among recent product releases by HONOR. The device's exceptional features have contributed to a massive surge in sales in the region. This level of...

More Details

Business & Money | Tuesday 13 June, 2023 9:55 am

Unlocking Innovation Potential: ADL's Benchmark Report Unveils the Path to a 30% Boost in R&D Returns

Arthur D. Little (ADL the leading management consultancy firm) launched its 2023 Global Innovation Management Excellence Benchmark Report, which highlights that of the $2 trillion per year that companies invest in R&D, financial returns from innovation have fallen across sectors since...

More Details

Culture & Education | Tuesday 13 June, 2023 9:46 am

PwC Middle East to train next-generation Saudi talent in AlUla

PwC Middle East in Saudi Arabia have launched a national upskilling and training event in ‘AlUla’ an on-the-job training programme that leverages the global consultancy’s collective industry expertise and aims to provide hands-on professional experience to fresh Saudi graduates in AlUla. The...

More Details