Records for the Abu Dhabi Global Market 31% Increase in H1 Operational Entities
By comparison, the number of operational companies in the Abu Dhabi Global Market increased by 31% to 2,088 in the first half of 2024 from...
Some Well-Known CEO Resignations, Ranging from Financial Crises to Boardroom Conflicts
As the highest position in corporate leadership, the CEO position is generally associated with great responsibility and pressure,...
More Foreign Companies Qualified for Saudi Contracts Following their Establishment of Headquarters at KAFD
The CEO of one of the ten international companies disclosed that by locating their regional headquarters in Riyadh’s King Abdullah...
Saudi Arabia’s July Reserves Increased by 6% to $452.8 Billion
According to latest data, Saudi Arabia’s official reserve assets grew to SR1.7 trillion ($452.8 billion) in July, representing a 6.06...
July Saw a 1.5% Increase in Saudi Inflation Due to Rising Housing Expenses
According to official figures, the rise in housing costs was the main reason behind Saudi Arabia’s annual inflation rate, which in...
11 Varieties of Locally Produced Fruit Abound in Saudi Markets
The Ministry of Environment, Water, and Agriculture reports that the government’s push for food self-sufficiency has resulted in 11...
To the Hamas Ceasefire Agreement, Netanyahu Added Demands: New York Times
According to The New York Times, Israeli Prime Minister Benjamin Netanyahu has quietly added more requirements to his nation’s...
Egypt Intends to Increase its Renewable Energy Capacity by 30GW
According to a recent cabinet conference, Egypt wants to install 30 gigawatts of additional renewable energy capacity to reduce fuel...
Oil Update: US Crude Inventory Declines, Prices Rise Due to Worries About a Middle East Conflict
According to Reuters, oil prices increased on Wednesday as the market braced for a potential escalation of the Israel-Gaza conflict, which...
ACWA Power Signs Agreement for First Floating Photovoltaic Project in Indonesia
For its first floating solar photovoltaic project in Indonesia, state-owned PT Perusahaan Listrik Negara and Saudi-listed ACWA Power have...