Alsaif Gallery, Jahez launch expansion plans in Gulf
Al Saif Stores for Development and Investment Company (Alsaif Gallery) and Jahez International Company for Information System Technology unveiled plans to expand their business in Kuwait and across the […]
Saudi Arabia imports 12.4mln mobile devices in 2021
The size of the importing mobile communications devices market in Saudi Arabia exceeded SR20 billion in 2021, as 12.4 million devices have been imported, the Communications, Space and Technology Commission […]
Fine Hygienic Holding wins license to market FIFA World Cup Qatar 2022 facial tissues
Football’s world governing body FIFA has awarded Fine Hygienic Holding (FHH) the license to design, produce, and sell limited-edition packs of facial tissues commemorating the FIFA World Cup Qatar 2022™. […]
BinDawood logs nearly $16mln profits in 9M-22, turns to losses in Q3
BinDawood Holding Company generated SAR 59.78 million in net profit after Zakat and tax during the first nine months (9M) of 2022, an annual drop of 73.70% from […]
Arabian Centres to sell non-core assets worth $533mln
The board of Arabian Centres Company (ACC) has approved a programme to sell an identified portfolio of non-core landbank assets with a market valuation exceeding SAR 2 billion. […]
LuLu strengthens presence in Saudi Arabia
The hypermarket, which is also the 28th in the country, was officially inaugurated by Ibrahim Al- Khorayef, the governor of Qatif, in the presence of Yusuff Ali M A, […]
Saudi’s SAMA: POS operations valued at $2.73bln in a week
The Saudi Central Bank (SAMA) revealed that the value of sales through point-of-sale (POS) operations in Saudi Arabia amounted to about SR10.27 billion during the week that ended […]
Lucid promotes Sultan to VP and MD of Lucid Middle East
Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, has promoted Faisal Sultan to Vice President and Managing Director of […]
Siwar Foods signs agreement with Saudi’s SACC
Siwar Foods, a Saudi FMCG company, has signed a formal agreement with Saudi Airlines Catering Company (SACC) that will see the two companies work together on food solutions for […]
ValU prepares to launch its activities in Saudi Arabia before 2022-end
EFG Hermes’ consumer finance arm valU prepares to expand its business in Saudi Arabia before the end of this year, sources told Daily News Egypt. The sources added that […]
