News

Historic Jeddah to support securing local workforce with new agreement

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RIYADH: Gulf Cooperation Council banks are aiming to diversify their business models and improve profitability by entering high-growth markets such as Turkey, Egypt and India, a new report has revealed. Fitch Ratings noted that this growing interest was due to favorable economic conditions and attractive growth opportunities in these countries. In particular, the appetite for … Read more

Karlie Kloss makes rare comment about ex-BFF Taylor Swift after attending Eras Tour

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Karlie Kloss made a rare comment about her ex-girlfriend Taylor Swift on Monday, years after their rumored feud. The 31-year-old model gushed Yahoo Life about her ex-girlfriend's music when asked to pick a favorite song Department of Tortured Poets album. “I would say the whole album,” the Victoria's Secret Angel said, reports Page six. “I … Read more

Diriyah Co. signs $2bn contract for Wadi Safar 

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RIYADH: Diriyah Co. signed a $2 billion contract with Urbacon Saudi Co. and Al-Bawani Group to develop the Wadi Safar project, including the Royal Diriyah Equestrian and Polo Club and several luxury hotels. “Today is a very big day,” Diriyah Co. Group CEO Jerry Inzerillo told Arab News. “It is unusual for development companies around … Read more

Saudi finance minister heads Kingdom’s delegation to G20 ministerial meeting in Brazil

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RIYADH: Riyadh's office market continued its strong performance in the second quarter of 2024, thanks to government investment incentives attracting international corporations to establish regional headquarters. According to Savills' latest Saudi Business Market Report, more than 120 international companies relocated their regional headquarters to the Kingdom's capital in the first quarter of this year, marking … Read more

MoU to drive job creation, training in Saudi hospitality 

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RIYADH: A water supply and environmental sanitation project in Yemen by Saudi aid agency KSrelief has continued to improve conditions for those living there. Between June 19 and 25, approximately 1,033,550 liters of potable water and 10,849,000 liters of non-potable water were provided in Hajjah. The project group worked in Midi, Haradh, Hayran and Abs … Read more

GCC banks eye Turkiye, Egypt and India for growth prospects

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RIYADH: Riyadh's office market continued its strong performance in the second quarter of 2024, thanks to government investment incentives attracting international corporations to establish regional headquarters. According to Savills' latest Saudi Business Market Report, more than 120 international companies relocated their regional headquarters to the Kingdom's capital in the first quarter of this year, marking … Read more

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