Forbes Middle East reveals the top 100 listed companies in the
WEBJun 6, 2022 · 16. Morocco. 5. Oman. 2. Amongst sectors, banking and financial services remains the most represented in this year's ranking with 42 entries, the same as 2021. Of the top 10 companies in the list, 50% are banks. Industrials and telecommunications comprised the second most-populated category, with 11 entries each.
UAE-based SAM Precious Metals to set up 13 refineries globally
WEBOctober 18, 2022. Dubai - SAM Precious Metals, a UAE-based refiner, is planning to set up around 13 refineries around the globe, at a time the market is projected to grow at a CAGR of 8.1%, earning revenues of around $415.3 billion by the end of 2028. The main target of opening 13 refineries worldwide is to link the producing countries with the ...
Saudi Cloud Computing Company launches services in the region
WEBJun 5, 2022 · Riyadh: Saudi Cloud Computing Company (“SCCC”), a new joint venture formed by Alibaba Cloud, Saudi Telecom Company (stc) Group, eWTP Arabia Capital, the Saudi Company for Artificial Intelligence (SCAI), and the Saudi Information Technology Company (SITE), announced that it has launched its services in Saudi Arabia in culmination of choosing Riyadh as a regional hub for Alibaba Cloud ...
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WEBDubai expected to award first package of $6.8bln mega sewerage tunnels project in 2025. 5.
Shareholders of Dar Al Takaful and Watania approve merger to
WEBApr 26, 2022 · The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy.
U.S. bond yields to rise above 4% even as Fed prepares rate cuts ...
WEBAug 28, 2024 · Harry Robertson, Reuters News. The U.S. 10-year Treasury yield is likely to rise back above 4% in the coming weeks, Deutsche Bank has said, with markets currently over-confident about the amount of rate cuts the Federal Reserve will deliver. A slowdown in inflation and signs of labour market weakness have caused investors to price in …
Aramco and TotalEnergies award contracts for $11bln Amiral …
WEBJun 24, 2023 · DHAHRAN, Saudi Arabia – Aramco and TotalEnergies today awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion "Amiral" complex, a future world-scale petrochemicals facility expansion at the SATORP refinery in the Kingdom of Saudi Arabia. A signing ceremony took place in Dhahran attended by Amin H. Nasser, Aramco President and CEO, and Patrick Pouyanné ...
Kenya to sign labour deal with Saudi Arabia soon, says president
WEBOct 30, 2023 · Kenya is in advanced negotiations with Saudi Arabia to sign a labour migration agreement that could enable the East African country to tap into a job market estimated at 350,000, President William Ruto said. More than 100,000 Kenyans work in Saudi Arabia, sending millions of dollars home annually, according to government and central bank figures.
Saudi Arabia’s financial wealth to grow by 4.8% annually ... - ZAWYA
WEBJul 27, 2022 · Riyadh:The Kingdom of Saudi Arabia (KSA)’s financial wealth will experience a sturdy Compound Annual Growth Rate (CAGR) of 4.8% in new wealth, rising from USD 1.3 trillion to a high USD 1.6 trillion from 2021 - 2026, according to a new report by Boston Consulting Group (BCG). The report titled, Global Wealth 2022: Standing Still Is Not an ...
Sohar Port and Freezone eyes new investment inflows from India
WEBJul 13, 2021 · Sohar Port & Freezone recently released its Q1 2021 results noting growth in all categories of cargo compared to the same period the previous year. Throughput increased by 21 per cent over the same period in 2020, dry bulk volume grew by 23.6 per cent to almost 9 million tons, breakbulk handling …
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