Edison Awards
April 24, 2023

SABIC has been honored with 5 Edison Awards for its innovative products.

SABIC has recently won five Edison Awards in recognition of its innovative products and solutions designed to reduce car weight, improve insulation properties, and provide superior strength and durability in packaging.

Saudi Arabia
April 24, 2023

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.

str
April 23, 2023

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.

e-commerce
April 23, 2023

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.

cocoa import
April 21, 2023

Saudi Arabia is expected to surpass its 2022 cocoa import target given the success of the first quarter.

Cocoa Imports to Saudi Arabia have been steadily increasing over the past few years, with Swiss chocolate giant Lindt & Sprüngli opening a flagship store in Riyadh and Nestlé investing in a new manufacturing facility.

April 20, 2023

UAE residents all set for Eid Al Fitr celebrations

With the Eid Al Fitr celebrations approaching, Muslims all over the world are getting ready to mark the end of Ramadan with prayers, gratitude, and various traditions. The exact date for the holiday is yet to be confirmed by the UAE’s moon-sighting committee, but it is expected to fall either on April 21 or 22.

April 20, 2023

A night to remember in UAE: Top 10 places to catch fireworks celebrating Eid Al Fitr this long weekend

Eid Al Fitr is just around the corner, and with the long weekend ahead, many people in the UAE are looking forward to some exciting activities to celebrate this special occasion. One of the best ways to enjoy Eid is by catching some spectacular fireworks displays across the UAE. Here are the top 7 places to catch the fireworks this long weekend.

OPEC
April 19, 2023

According to the IMF, Saudi Arabia is set to benefit from OPEC production cuts due to a boost in oil prices.

The OPEC+ alliance has been working to limit oil production since early 2017, in an effort to stabilize oil prices.

April 12, 2023

Ramadan in UAE: UAE residents skip family Iftars during Ramadan, volunteer at labour camps instead

Ramadan, the holy month of fasting and charity, is a time when the Muslim community comes together to help those in need. For many volunteers in the UAE, Ramadan is a time to put their busy lives on hold and focus on giving back to the community. From distributing Iftar meals in labour camps to packing food for the needy at mosques, these volunteers form the lifeline of generosity that sees thousands of people get free meals during Ramadan.

Saudi Finance Minister
April 11, 2023

The delegation of the Kingdom of Saudi Arabia at the IMF-World Bank 2023 Spring Meetings is led by the Saudi Finance Minister.

Led by the Saudi Finance Minister, the delegation aims to discuss key issues such as economic recovery from COVID-19, economic reforms, climate change, and debt sustainability.

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