Category Archives: Economic News

U.S. Beef Exports to Saudi Arabia

Delicious, high quality, halal, and 100% vegetable protein fed U.S. beef is now available in Saudi Arabia.  U.S. beef is exported to 110 countries, and we are proud that it is back in Saudi Arabia.  It is produced on about … Continue reading

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World’s largest organic dairy producer launches organic milk in Saudi Arabia

Arla Foods, the world’s largest producer of organic dairy products, has launched its first branded organic milk in Saudi Arabia. This is as part of the farmer-owned company’s ambitious business strategy to become the number one organic dairy brand in … Continue reading

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Forcing the transformation process: Messe Düsseldorf’s strategy plan “2030” in line with Saudi Vision

330 million Euro turnover in 2017, growing international business and a new digital strategy: Messe Düsseldorf is established as one of the five most profitable trade fair companies in Europe and. With the launch of the “Messe Düsseldorf 2030” strategy … Continue reading

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GESALO announces 1st German-Saudi Startup Competition in Riyadh The winning startups take part into to a four-day startup tour in Germany in April 2018 and represent their companies at the Mena Business Forum in Berlin

Saudi startups heads up: The German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) opened up the registration for the 1st German-Saudi Startup Competition at the Rosh Rayhaan by Rotana Hotel in Riyadh on March 22, 2018. Interested participants can register … Continue reading

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Rotana announces aggressive expansion plans to drive growth in Saudi Arabia’s tourism and hospitality sector Robust hotel pipeline will contribute to the Kingdom’s Saudi Vision 2030 and economic diversification efforts

Reinforcing its commitment to supporting Saudi Arabia’s economic growth, and its tourism and hospitality sector in particular, Rotana, one of the leading hotel management companies in the region with hotels across the Middle East, Africa and Turkey, has laid out … Continue reading

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Arab Bank Group reports net profits of $533 million for 2017 30% cash dividends

  Arab Bank Group closed 2017 with solid results, reporting a growth in net operating income of 8% as compared to prior year. Excluding the effect of foreign currency devaluations, net operating income achieved double digit growth of 12%. Net … Continue reading

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LG launches the latest line-up of Nano Cell Display TV, OLED TVs and LG Signature OLED TVs Enhancing home entertainment and viewer experience through sharper and more accurate colours with viewing from wider angles

LG Electronics announced the launch of a new line-up of home entertainment products in the Saudi market of which the Nano Cell Display, the OLED TVs and from the premium LG Signature line-up OLED TV.  In addition to the uncompromising … Continue reading

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Indulge in an extended get away that gets better the longer you stay!

Rising above the slopes of The Bosphorus, Fairmont Quasar Istanbul serves as a genuine hub for the well-travelled, uniting the sophistication of modern Istanbul with the unique lineage of its location, steeped in centuries of sacred history. The new icon … Continue reading

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Shop Bahrain’ GCC Roadshow Kicks-off from Riyadh

The fourth edition will be held between January 11th and February 10th 2018 Shop Bahrain will host an array of family-filled activities and events Return of ‘The Taste Tour’, Festival City, live acts and raffle draws for 20 new cars … Continue reading

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World Luxury Awards 2017 have been awarded to Riyadh Marriott Hotel and Marriott Executive Apartments

For the second year in a raw, Riyadh Marriott Hotel and Marriott Executive Apartments have been awarded the Country winners for “Luxury Hotel & Conference Center” and “Luxury Serviced Apartments,” respectively. These awards were announced at the World Luxury Hotel … Continue reading

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