The World Bank’s logistics index shows that Saudi Arabia has climbed up 17 positions.
Saudi Arabia has made great strides in enhancing its logistics infrastructure.
Mumbai airport’s busiest international destinations are Dubai and Abu Dhabi.
Mumbai Airport, also known as Chhatrapati Shivaji Maharaj International Airport, is one of India’s busiest airports, handling millions of passengers every year.
A plot of land on Jumeirah Bay Island has been sold for a record-breaking amount of Dh125 million in Dubai.
Situated off the coast of Dubai, Jumeirah Bay Island is a man-made island that provides a stunning waterfront location and world-class amenities.
Emirates will launch daily flights to a new in-demand location from July.
Emirates has announced a new destination to its network, offering daily flights from July.
Thiqah has announced its intention to expand its operations to Egypt.
Thiqah, a leading provider of business services in Saudi Arabia, recently announced their decision to expand into Egypt.
In January’s close, Islamic banks in the UAE held assets valued at $169 billion.
The latest report from the Central Bank of the UAE highlights the growing importance of Islamic finance in the region, with total customer deposits held by Islamic banks increasing by 5.7% to reach $128 billion and an array of innovative products and services being developed to cater to a diverse range of customers.
According to data from STR, hotel construction activity in the Middle East is predominantly led by Saudi Arabia.
STR data reveals that Saudi Arabia is investing heavily in its tourism industry, positioning itself as a leader in hotel construction and development in the Middle East.
The surge in e-commerce during Ramadan has given a boost to Saudi Arabia’s entrepreneurial ecosystem.
The COVID-19 pandemic has accelerated the growth of e-commerce activity in Saudi Arabia during Ramadan, with online sales increasing by a whopping 83% compared to the previous year.
Kuwaiti crude oil was traded at a price of US$83.03 per barrel.
Kuwait is the fourth-largest producer of crude oil in the world, and its price movements have a direct effect on global oil markets. Kuwaiti crude oil
IFAD will assist in making businesses work for farms in developing nations.
IFAD’s new initiative is focused on helping businesses that rely on agriculture to better serve the needs of smallholder farmers.