Majid Al-Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, released its annual “State of the UAE Retail Economy” report for 2023. The report, which highlights key economic data, trends and insights into consumers’ behavior patterns, spending habits, and sentiment across the country, revealed that the UAE … Read more
RIYADH: Regional startup funding is set to see a significant boost as Saudi Venture Capital announced a $30 million investment in Olive Rock Partners Fund I. The investment aligns with SVC’s strategy to develop and sustain financing for startups and small and medium-sized enterprises in strategic sectors. Focused on mid-market buyouts that are … Read more
RIYADH: Saudi Arabia has introduced more than 1,500 activities for tourists in partnership with the private sector to improve their overall experience, said the CEO of the Saudi Tourism Authority. Speaking during the opening remarks of the second Saudi Tourism Forum in Riyadh, Fahd Hamidaddin underscored the Kingdom’s well-equipped resources required to realize its aspirations … Read more