RIYADH: Investors can now access over 1,000 opportunities in sectors, including tourism, across the Al-Baha and the Eastern Province municipalities, according to the Saudi Press Agency. The borough of the southwestern region of Al-Baha has presented a total of 1,088 acquisition prospects, both permanent and temporary, throughout the district, the SPA report noted.
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
Oil Updates – crude extends losses after dollar rises on shifting interest rate outlook SINGAPORE: Oil prices fell on Monday, extending losses from the previous session after the dollar rose on market views that higher-than-expected inflation could delay cuts to high US interest rates that have been capping global fuel demand growth, according to Reuters. … Read more
RIYADH: Saudi Arabia’s Public Investment Fund has completed the pricing of a bond offering worth $5 billion. The offering was more than five times oversubscribed, with order books reaching $27 billion, it announced in a statement. It comprises three tranches – one valued at $1.75bn with 5-year coupon maturing in 2029, another for the same amount … Read more
RIYADH: Abu Dhabi’s Etihad Airways aims to reach 18 million passengers by 2025, expanding its global network to connect key markets, according to a top official. Group CEO Antonoaldo Neves told Emirates News Agency, also known as WAM, that the airline’s plan for the upcoming year also encompasses providing more choices to travelers. Neves noted that … Read more