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Business
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Saudi govt sets up new program to attract international companies
The Saudi government has set up a new program intended to accelerate its plan to attract international companies to the Kingdom, the Saudi Press ... Business -
International Women's Day: UAE empowerment policies help Emirati businesswomen thrive
Emirati women have successfully broken barriers over the years and expanded their leadership roles in the field of business thanks to the UAE’s women ... Gulf -
India’s growth slowed in December quarter on weakness in manufacturing
India’s economic growth slowed further in the December quarter as pent up demand eased and weakness in the manufacturing sector continued.For the ... World News -
Oil drops as rate jitters drown out halt to Poland pipe supplies
Oil fell as concerns that the Federal Reserve will keep on raising US interest rates to combat inflation eclipsed the latest disruption to supplies in ... World News -
India’s Adani in talks for $400 mln debt against Australian coal port assets: Report
Adani Group is in talks with global credit funds to raise up to $400 million in debt against some of its assets in Australia, the Economic Times ... Business -
Dubai government redeems $750 mln Islamic bond
The emirate of Dubai’s Public Debt Management Office has redeemed $750 million worth of Islamic bonds, or sukuk, issued on Jan. 30, 2013, Dubai media ... Business -
Dubai’s DIFC has about 60 hedge fund firms waiting to be licensed: Governor
The Dubai International Financial center (DIFC) has about 60 hedge fund firms, with north of a trillion dollars in assets under management, waiting to ... Business -
PepsiCo begins relocating senior leadership team to Saudi Arabia from UAE
PepsiCo has started moving its senior leadership team from Dubai to Saudi Arabia as part of plans to relocate its Middle Eastern headquarters, a top ... Business -
Adani Group shares extend gain as traders await earnings reports
Most Adani Group stocks rose, extending their rebound from the rout sparked by US short-seller Hindenburg Research’s report, as the indebted Indian ... Financial Markets -
Adani Green says it’s winning investor backing as profit jumps
Adani Green Energy Ltd., billionaire Gautam Adani’s clean energy arm, insisted it’s won the backing of investors in recent days amid a stock rout ... Business -
Saudi Arabia eyes more fixed-rate debt as borrowing costs jump
Saudi Arabia is considering borrowing more in currencies besides the dollar this year as it focuses on refinancing to reduce the portion of its ... Economy -
Second edition of LEAP technology conference opens in Saudi Arabia
The second edition of a major technology conference has opened in Riyadh, with representatives from companies including Snap, Aramco, and Zoom due to ... Technology -
Oil gains ground as traders size up weaker dollar, China outlook
Oil staged a partial rebound after slumping on Wednesday as the US dollar fell and traders weighed the potential for better demand in China.For the ... Energy -
Airbus and Qatar Airways settle A350 dispute
Airbus and Qatar Airways have settled a dispute over the degraded surface of grounded A350 jets, Airbus said on Wednesday, averting a potentially ... Aviation & Transport -
Top US Treasury official to visit Middle East countries to ensure sanction compliance
The US Treasury Department’s top sanctions official on a trip to the Middle East next week will warn countries and businesses that they could lose US ... Middle East -
Saudi Arabia sees surge in expats as the Kingdom attracts foreign business
Professional expatriates are streaming into Saudi Arabia as the Kingdom eases visa rules and continues to attract foreign business.For the latest ... Saudi Arabia -
Iraqi central bank chief leaves post amid currency volatility
Iraq’s prime minister said on Monday the country’s central bank governor had been relieved of his duties as the local currency continues to fall ... Economy -
Lazard appoints al-Khatib as MENA investment banking CEO
Investment bank Lazard Ltd said on Monday it hired Wassim al-Khatib as chief executive officer of the bank’s investment banking business for the ... Business -
Oil climbs as traders weigh China demand outlook, Russian supply
Oil rose on expectations of rising demand in the wake of China’s reopening, while the US dollar eased and risks to Russian energy supplies came into ... Energy -
Egypt signs $1.5 bln financing agreement with ITFC: Report
Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation (ITFC) to fund its trade needs, including ... Business -
Three Kuwaiti ports resume operations after suspension due to bad weather
Kuwait Ports Authority resumed maritime operations at three ports on Sunday after suspending them temporarily earlier in the day due to bad weather, ... Gulf -
Public-private cooperation key to resilient supply chains: Saudi investment minister
Cooperation between public and private entities, as well as across borders, is key to resilient supply chains, Saudi Arabia’s Minister of Investment ... Economy -
First batch of Saudi students graduates from ministry coffee training program
The first batch of students has graduated from a ministry-sponsored program to train Saudis how to prepare coffee at a high level.For the latest ... Business -
Meta and Apple fall off Glassdoor’s list of 100 best places to work
Glassdoor’s list of 100 best places to work in 2023 is dominated by tech companies, but this year two regular winners didn’t make the cut: Apple and ... Technology -
Amazon restructures UK warehouse operations
Amazon is to restructure its warehouse operations in the UK, a move that will impact jobs, the US online retail giant announced Tuesday.For the latest ... Technology -
Rolls-Royce says super rich keep on buying luxury cars
A cooling economy isn’t stopping the very wealthy from buying a Rolls-Royce.For the latest headlines, follow our Google News channel online or via the ... World News -
Oil rallied at the start of the week on hopes of renewed Chinese crude buying
Oil rallied at the start of the week on hopes of renewed Chinese crude buying and as the dollar extended its decline.For the latest headlines, follow ... Energy -
GCC economies’ robust growth to fuel global real estate investment in 2023: Report
As economies in the Gulf Cooperation Council (GCC) continue to grow throughout 2023, regional investors’ appetite for global real estate investment is ... Economy -
Vice Media Group to open new Riyadh headquarters
Vice, known for its edgy journalism targeting a young demographic, has announced it will open a new regional headquarters in Riyadh.For the latest ... Business -
UK business brace for falling profits as 2023 recession looms
UK business confidence is lingering near the lows it touched in the coronavirus pandemic as companies braced for falling profit during a recession in ... Economy