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In "BUSINESS"
RIYADH — Anwar Gasim, a researcher in the Climate and Environment Program at the King Abdullah Petroleum Studies and Research Center (KAPSARC), revealed that the demand for kerosene decreased by 46% and gasoline by 24% in March 2020 compared with the same month in 2019, due to the COVID-19 restriction measures that Saudi Arabia had taken in that month.He explained to the Al-Watan newspaper that the demand for liquefied petroleum gas (LPG), diesel, fuel oil and other oil products did not change during that period. LPG is used in the residential sector and in bakeries as cooking gas, and in the petrochemical sector as feedstock.Fuel OilThe researcher indicated that the demand for fuel oil, which is used in power generation, thermal desalination, industrial manufacturing, and international...
February 27, 2021
24% reduced demand for gasoline during the curfew
February 26, 2021
IMF chief calls for strong G20 policies to counter ‘dangerous divergence’
February 25, 2021
Safarway: The only guide you will need on your trip
February 24, 2021
COVID-19 has changed the IT spending priorities for airports and airlines
February 24, 2021
SOC as a Service to enable more secured digital transformation journey in Saudi Arabia
February 24, 2021
$5.4bn worth of deals signed over four days of IDEX and NAVDEX
February 23, 2021
Dubai Aerospace leases 7 Airbus A321neo aircraft from IndiGo
February 22, 2021
OFID extends $50 million for poverty reduction in Tanzania
DUBAI — The world’s tallest building, Burj Khalifa lit up to celebrate the launch of 200th LuLu Hypermarket. The visitors at the landmark destination and millions across the world saw the iconic Burj Khalifa projecting the familiar colors of Lulu logo with congratulatory messages to commemorate the proud moment.LuLu, which opened its first store in the UAE in early 90s opened its 200th store recently in Cairo, Egypt. With retail footprint spanning 10 countries including GCC, Egypt, India, Indonesia and Malaysia, Lulu group has been a shining example of UAE based organization going global.Apart from retail business, LuLu also has major interest in sourcing and food production business with operations in US, UK, Spain, Africa, India, Far East & China employing in excess of 57,000...
February 21, 2021
LuLu reaches new heights, literally
February 21, 2021
Global manufacturer Roxtec launches Saudi Arabian company
