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In "BUSINESS"
July 06, 2022
IMC contributes to Jeddah Season's success with largest medical care project
July 06, 2022
OPEC Secretary General dies at age 63
Thakher Makkah, one of the largest projects in the Holy City of Makkah, KSA, announced the provision of exceptional options and opportunities for visitors and investors, including pilgrims, Umrah performers and general visitors to Makkah, with an approximated distance of 1 km from the Grand Mosque (Haram).Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, which is being prepared to include hotel apartments and international hotels with the participation of several developers and investors, said the project’s first phase is almost completed, while the second phase is expected to be delivered in 2024.Additionally, Thakher Makkah project infrastructure facilities will include road network, tunnels, sidewalks, landscapes, as...
July 06, 2022
Thakher Makkah provides exceptional options and opportunities for visitors, investors
July 05, 2022
LOST PASSPORT
RIYADH — Americana Restaurants, the leading restaurant platform in the MENA region, announced on Tuesday that it has signed a Franchise Agreement with Yum! Brands, the world’s largest restaurant company, to develop and operate Pizza Hut restaurants across Saudi Arabia, except for Jeddah city.
With over 54,000 restaurants in more than 155 countries and territories, Yum! Brands is widely known for operating iconic global restaurant brands such as KFC, Pizza Hut and Taco Bell.As part of the agreement, Americana Restaurants is set to relaunch the much-loved Pizza Hut brand across the Kingdom’s largest cities and regions. To fully tap into the growing demand for great quality pizzas and omnichannel restaurant experiences in the Saudi market, Americana is planning to open up to 30 Pizza...
July 05, 2022
Americana aims to open 30 Pizza Hut locations in Saudi Arabia by 2023
July 05, 2022
Bank of England: Crypto crashes show need for tougher rules
July 04, 2022
Hankook Tire unveils Asia’s largest proving ground
RIYADH — flynas, the Saudi air carrier and the leading low-cost airline in the Middle East has announced the launch of its first direct flights between Riyadh and Podgorica, the capital of Montenegro starting on July 28, 2022.flynas will connect Riyadh and Podgorica via weekly direct return flights, scheduled every Thursday, from King Khalid International Airport in Riyadh to Podgorica International Airport, allowing Saudis to enter it without a visa until September 30, 2022.Podgorica is known for having many historical and tourist sites and beautiful nature. It also has a strategic location, just one hour from the Adriatic Sea and an hour from the mountains, where many activities and sports are available, making it a center for launching and exploration, in addition to green spaces,...
July 04, 2022
flynas launches first direct flights between Riyadh and Montenegro on July 28
RIYADH — Global oil demand is projected to record a 1.9% quarter-on-quarter growth averaging 100.6 million barrels per day by the end of the third quarter this year, surpassing pre-COVID levels, according to King Abdullah Petroleum Studies and Research Center (KAPSARC) upcoming KAPSARC Oil Market Outlook (KOMO). At 54 million barrels per day, non-OECD countries are expected to account for 53% of that growth.Despite global headwinds and a looming recession, KAPSARC estimates a rise in oil demand across all nations in Q3, except for India, with the United States leading the way reaching 20.6 million barrels per day, accounting for 21% of demand. China, as second runner up, with roughly 15.3 million barrels per day, accounts for 15% of demand. India ranks third, followed by Saudi Arabia,...
July 03, 2022
KAPSARC projects 1.9% Q-on-Q growth in global oil demand in Q3 2022
July 03, 2022
KPMG: Rethinking value creation to support local content in Saudi Arabia
