RIYADH: One of the region’s leading optical retail chains, Magrabi Retail Group, reported double-digit growth in 2023, highlighting its adaptability in a rapidly evolving market landscape. The company witnessed a 15 percent surge in total sales compared to the previous year, and a 30 percent increase in like-for-like sales under its Doctor M banner, surpassing previous … Read more
Startup of the Week – supply chain platform Omniful aims to boost Saudi Arabia’s e-commerce space CAIRO: E-commerce and supply chain operations platform Omniful is aiming to significantly boost its presence in the Saudi market after a successful $5.85 million seed funding round. In an interview with Arab News, CEO and co-founder of Omniful, Mostafa … Read more
RIYADH: The supply of liquefied natural gas in Bangladesh will increase following the signing of a deal between QatarEnergy and US-based Execelerate Energy. The 15-year agreement will see Excelerate buy up to 1 million tonnes per annum of LNG from QatarEnergy, which will be delivered to floating storage and regasification units in Bangladesh starting in … Read more