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January 7, 2025
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Business GCC Saudi Arabia

Saudi German Health hosts second Investor Day

January 24, 2023 – Saudi German Health (SGH) recently hosted its second Investor Day, at the Group’s flagship Riyadh hospital, SGH Riyadh. The event brought together the Group’s different stakeholders and was attended by the Group’s Chairman, Eng. Sobhi Batterejee, President, Mr. Makarem Batterjee, and the entire executive management team. The event included a site […]
Business

Venture debt funding in MENA crosses USD 260 million

United Arab Emirates, 24 January 2023: SHUAA Capital psc (DFM: SHUAA), the region’s leading asset management and investment banking platform, and MAGNiTT, the largest verified data platform tracking venture capital investments across emerging markets, today released the 2022 MENA Venture Debt Investment Report. The report maps the evolution of venture debt funding in the
Business

Eshraq Investments declares resounding success

Abu Dhabi, UAE; 24 January 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) announced today an update to its shareholders regarding its previously announced sale agreement with Danube Properties for the sale of two plots in JVC.   On 6th October 2022, Eshraq had announced the sale of two land plots in Jumeirah Village Circle (JVC) […]
Business

ASICS Study Shows Exercise Has the Power to Sharpen Even the Brightest Minds and Improve Mental Performance

LONDON — Today, ASICS reveals exercise can significantly improve cognitive function and advance mental performance.​ From boosting short-term memory to increasing concentration levels, exercise enhances brain power and could be the solution to helping us pass exams or excel at work. In a unique experiment, ASICS invited competitive gamers from around the world,
Business GCC Saudi Arabia

Saudi delegation highlights Kingdom’s evolving global growth story at World Economic Forum

Davos-Switzerland — Saudi Arabia’s smart city NEOM offers a new model for environmentally-friendly and sustainable urban design, both for the Kingdom and the world, Saudi’s Climate Envoy told the World Economic Forum (WEF) today. During a panel session titled ‘The Evolution of Urban Life’, His Excellency Adel bin Ahmed Al-Jubeir, Minister of State for Foreign […]
Business

The Middle East is enjoying an important period of stability as oil prices, economic growth of 5.1% fuel the recovery out of COVID, said Crescent CEO.

Sharjah, United Arab Emirates — The Middle East is enjoying an important period of political and economic stability with the regional economy buoyed by high oil process and economic growth, Majid Jafar, CEO of Crescent Petroleum, told business leaders gathered at the World Economic Forum in Davos on Thursday. Industrial production has improved, employment has […]
Business

Inaugural Zayed Sustainability Prize Forum highlights need for inclusive, unified climate action to build resilient communities

Abu Dhabi, United Arab of Emirates — The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, yesterday welcomed government dignitaries, business leaders, the youth, international media and environmental activists for the Inaugural Zayed Sustainability Prize Forum at Abu Dhabi Sustainability Week 2023. Held under the theme ‘Raising
Business

WEF: Importance of compliant solutions takes centrestage in discussion on financial inclusion.

Davos, Switzerland, January 20, 2023: As the world’s leaders, social scientists and business community converge on this year’s World Economic Forum (WEF) Annual Meeting, the key theme of ‘Cooperation in a fragmented world’, has resonated with stakeholders of MENA’s financial services sector. UAE based LuLu Financial Holdings and Eastnets organized a special event
Business GCC Saudi Arabia

Saudi’s Ministry of Economy and Planning joins forces with UpLink to address food insecurity in arid climates

Davos, Switzerland — Saudi Arabia’s Ministry of Economy and Planning (MEP) in collaboration with UpLink today launched an innovation challenge designed to crowdsource transformative solutions to enhance food security in countries impacted by low rainfall, drought, and desertification. MEP and UpLink, the World Economic Forum’s (WEF) open innovation platform, made the
This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy
Business GCC Saudi Arabia

This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy

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India is projected to lose its status as the world’s fastest-growing major economy this year. The Indian Ministry of Statistics and Program Implementation projects that Saudi Arabia’s GDP will develop at a quicker pace than India’s, at 7.6 percent per year, thanks to the continued boost provided by increased earnings from higher energy prices. With growth
Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan
Business GCC Saudi Arabia

Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan

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Following the announcement of plans to form a joint technology house, Saudi startups at Pakistan’s largest tech conference are looking toward future collaboration with the South Asian nation. About 50,000 people, including representatives from 500 companies and 200 exhibitors from more than thirty countries (including a delegation from Saudi Arabia), attended Future

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