RIYADH: The global merger and acquisition market witnessed a 15 percent drop year-on-year to $3.2 trillion in 2023, marking its lowest level in a decade, according to recent findings. Dealmakers grappled with several obstacles, including high interest rates, increased regulatory scrutiny, and mixed macroeconomic signals, forcing them to be more selective in their pursuit of … Read more
JEDDAH: The practice of purchasing secondhand items is a little uncommon in Saudi society, which makes the Monochrome Thrift Shop distinctive. Faris Al-Manea, founder of Monochrome Thrift Shop, noticed that there was a lack of the thrift shop concept in Jeddah, which made him initiate it as a small business idea. “The major reason … Read more
LONDON: Christmas shoppers in Central London were urged by 100s of pro-Palestinian protesters not to purchase items from Israeli-linked fashion stores, Sky News reported on Saturday. Over 400 demonstrators marched from Soho Square, across Oxford Street, Regent Street and into Carnaby Street, where they grouped outside the Puma store with many chanting: “Shut it down.” … Read more