Central Park Towers, the office and event destination in Dubai International Financial Centre, has announced the launch of Fitted Offices — Level 2, a significant addition to its portfolio of premium office spaces. Scheduled for unveiling this month, this new offering continues Central Park Towers’ commitment to delivering unrivaled quality and convenience to businesses in … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 12,656.94 points on Monday, marking a decrease of 139.15 points or 1.09 percent. Conversely, the parallel market, Nomu, concluded at 27,237.44, registering an uptick of 397.03 points or 1.48 percent. The MSCI Index descended by 20.19 points to settle at 1,592.39, a drop of 1.25 percent. … Read more
Pakistani logistics firm to launch initial public offering next week, aiming to raise $2.1 million KARACHI: A Pakistani business entity providing comprehensive logistical services is all set to launch its initial public offering (IPO) next week, making it the first player in its sector that plans to raise capital of about Rs600 million ($2.1 million) … Read more
COP28 president unveils ‘Troika Vision’ to ensure countries deliver climate action RIYADH: President of COP28 Sultan Ahmed Al-Jaber has unveiled a joint vision involving the leaders of three climate change conferences as he called for energy transition pathways to be “just, orderly and responsible.” The first-of-its-kind Presidencies’ Troika was agreed upon during the 2023 summit in the UAE, and aims … Read more
LONDON: The chief of London’s Metropolitan Police on Tuesday hit back at criticism from the British prime minister over the force’s handling of pro-Palestinian protests in the city since the Oct. 7 Hamas attack on Israel. Rishi Sunak on Friday made a speech about the rise of extremism in the UK, in which he accused … Read more
RIYADH: China has recorded a significant rise in the export of used cars over the last five years, a report in the People’s Daily Online showed.
RIYADH: Saudi Arabia’s dynamic business environment is continuously drawing attention from international companies, and now Estonian ride-hailing giant Bolt is looking to expand its operations in the Kingdom. Established in 2013, the company has become a prominent player in the global mobility industry, operating in 45 countries and 500 cities, with a current valuation of €7.4 … Read more
World leaders in business, finance and technology gather in Miami for city’s 2nd FII Priority Summit MIAMI: World leaders in business and finance are meeting in Miami this week to discuss potential solutions to the planet’s ongoing conflicts and climate change, as well as artificial intelligence. The second edition of the Future Investment Initiative Priority … Read more
SAO PAULO: During his official visit to Cairo on Thursday, Brazilian President Lula da Silva witnessed the signing of two key agreements with the Egyptian government. President Abdel Fattah El-Sisi also attended the signing ceremony. The first agreement is a protocol that simplifies the export process for Brazilian beef, poultry and pork to Egypt. It … Read more
RIYADH: The World Defense Show concluded on Thursday with the signing of 61 deals worth SR26 billion ($6.93 billion). During the event, a total of 73 agreements were signed between top international companies and Saudi firms. As many as 10 agreements were sealed by Saudi Arabia’s Ministry of Defense with local and international companies to enhance … Read more