Category Archives: Economic News

The Luxury Collection Hotels & Resorts today announced the brand’s first hotel in Baja California Sur with the opening of Solaz, a Luxury Collection Resort, Los Cabos in June 2018. Operated by Quinta del Golfo de Cortez (QGC), Solaz Resort … Continue reading →

Qué sopá Panama! W Hotels Worldwide, part of Marriott International (NASDAQ: MAR), today announced the opening of W Panama, the first W in Central America.  Located in one of the most cosmopolitan capitals in the region, Panama City, the new … Continue reading →

The world’s leading hotel company, Marriott International, will reiterate its commitment to Saudi Vision 2030 at the inaugural Saudi Arabia Hotel Investment Conference (SHIC) 2018. With more than four decades of presence in the country, Saudi Arabia today, is the … Continue reading →

Legal and financial adviser has revealed, executive chairman of Al-sareem Al-battar Dr. Hatem Mahjoub Hassanein.said that debt collection has become the most important and the most dealt with cases in the courts of Saudi Arabia and the Gulf capitals during … Continue reading →

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 →

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 →

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 →

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 →

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 →

  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 →