Tuesday, July 23, 2019

Money & Business

Latest updates on Middle East businesses,Growth of Financial Sectors,Implementation Of Latest Technology and Role of Consumers.

Facebook may share ad money to lure creators from YouTube

Facebook has been gearing up its Watch platform for months, now. Originally launched last August, it already has tons of shows on tap (for US audiences, at...

800,000 expats have left Saudi Arabia, creating a hiring crisis

Saudi Crown Prince Mohammed bin Salman may have portrayed himself as a moderniser rolling back the country's stultifying social restrictions — but he is...

Saudization In Groceries To Drop Expat Remittances By SR6 Billion

A number of economists expect the Saudization of jobs in groceries to remarkably reduce annual remittances by expatriate workers. They said the remittances would...

Lamborghini Urus – A New Niche In The Luxury Segment

The Lamborghini Urus is the company’s first Sport Utility Vehicle, and creates a new niche in the luxury segment.It features a 4.0 litre V8...

Saudi To Build First Hydrogen Fuel Cell Vehicle Fueling Station

Saudi Aramco and Air Products Friday announced the signing of an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi...

Saudi Plans Investments Worth $427 billion by 2030

Saudi Arabia hopes to attract investments of more than 1.6 trillion riyals ($427 billion) by 2030 in its push to boost industry, Minister of...

Dubai Property Prices Unlikely To Rebound Until 2021

Dubai’s homeowners will have to wait at least a couple more years for a long-running property slump to hit bottom as developers put a...

Saudi Aramco To Buy SABIC Stakes In Biggest Ever Middle East...

The world’s largest oil producer Saudi Aramco has agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC) from the kingdom’s wealth...

Saudi graft inquiry spreads beyond borders as Bahrain, UAE examines bank...

The Saudi crackdown on corruption has spread beyond its borders as regulators in other GCC states ask their banks for information on Saudi citizens...

Bahrain Metro to occupy 43K passengers per hour

The Ministry of Transportation and Telecommunications released a video on the first phase of the Kingdom’s latest innovative transport solution that will feature a...
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