Category Archives: Economic News

Max Ignites the Spirit of Athleticism with the New Gothletic Collection

the largest value fashion brand in the region, has ignited the spirit of athleticism through the release of its new Gothletic collection. Under the umbrella of the 2017 Autumn/Winter Collection, Max’s new Gothletic range is the perfect blend between sport … Continue reading

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Turkish Airlines on board with UFW Turkish Airlines signs the “United for Wildlife Buckingham Palace Declaration (UFW)” pledging for zero-tolerance regarding the illegal wildlife trade.

The “United for Wildlife Buckingham Palace Declaration (UFW)” which was on the agenda of the 73rd IATA Annual General Meeting held in Cancun, Mexico last June, has been signed by 41 airline companies so far. The declaration, also signed by … Continue reading

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Dur Hospitality’s Darraq Residences Proving Hugely Popular with Tenants Ahead of Phase 4 Completion Luxury residential development located in Riyadh’s Diplomatic Quarter set to be close to full capacity when Phase 4 is completed in Q1, 2018

Dur Hospitality has revealed that Phase 4 of its luxury Darraq Residences development located in Riyadh’s Diplomatic Quarter is proving hugely popular with prospective tenants, with the entire allocation of residential villas and apartments close to being assigned. The remarkable … Continue reading

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Marriott holds global customer appreciation week Thanking Loyal Marriott Customers All Marriott properties have been very active during the worldwide celebration of the company’s Global Customer Appreciation Week (GCAW), from November 5th to 9th

This year, the theme is “Unrivaled Experiences Made Together”.  Marriott has done a lot to be a greener company over the past years. All Marriott hotels around the globe have been hosting their own customer appreciation events and going out … Continue reading

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Rezidor grows Park Inn by Radisson brand in Saudi Arabia through two hotel signings with Gulf Real Estate Company

The Rezidor Hotel Group, one of the fastest growing hotel companies in the world and a member of Carlson Rezidor Hotel Group, is pleased to announce two new hotel signings in Saudi Arabia. An agreement has been signed with one … Continue reading

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MIRAL HOSTS ROADSHOW IN SAUDI ARABIA TO HIGHLIGHT UNIQUE IMMERSIVE EXPERIENCES ON YAS ISLAND, ABU DHABI Mohamed Abdalla Al Zaabi, Miral CEO, arrives in Jeddah and Riyadh to reveal new attractions and events at the number one family destination in the region

Miral is the developer of Yas Island’s top family attractions and theme parks CEO highlights the evolution and future of Yas Island including 2018 arrival of Warner Bros World Abu Dhabi and CLYMB Exclusive reveal of the new ride Mission … Continue reading

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Henkel Hosts Local and Regional Media Partners to Sessions Surrounding ‘Creating Sustainable Value’

Henkel recently hosted several of its media partners from UAE, India, Algeria and GCC to press sessions surrounding the company’s purpose “Creating sustainable value”. Over the two-days event, Henkel provided them with an overview of their approach towards creating sustainable … Continue reading

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German water industry heading for market entry in KSA

Hosted by the German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) and in cooperation with the German Water Partnership (GWP) and MENA Projektpartner a Delegation of German companies from the water and wastewater sectors explored business opportunities in Riyadh last … Continue reading

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LG ELECTRONICS ANNOUNCES THIRD-QUARTER 2017 FINANCIAL RESULTS Home Entertainment Achieves Record Profitability; Home Appliances Report Strongest Third Quarter Revenues Ever

LG Electronics Inc. (LG) today announced consolidated third-quarter 2017 revenues of KRW 15.22 trillion (USD 13.44 billion), an increase of more than 15 percent compared with the third quarter the previous year. All of LG’s four major business units reported … Continue reading

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Guardian Glass will clad Jeddah Tower, Soon-to-be tallest building in the world

Developers of Jeddah Tower – what will be the world’s tallest building – have selected Guardian Glass to supply the façade glass for the project’s over one-kilometer-high landscape. Guardian Glass is one of the world’s largest manufacturers of float and … Continue reading

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