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Press Dossier   By Date  12/11/2024
Expatriates fuel strong demand for housing in Riyadh, Jeddah: report
Residential real estate demand in Riyadh and Jeddah is expected to stay robust due to population growth, particularly from expat inflows, according to a new report from S&P Global.
Saudi Arabia’s NEOM appoints 3 global partners to complete 1st phase of The Line
Saudi Arabia’s $500-billion megacity NEOM has appointed Delugan Meissl Associated Architects, Gensler, and Mott MacDonald to deliver the planning, designing, and engineering for the initial phase of The Line.
Zain Group Q3 and 9M 2024 revenue reaches 15-year high
Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, announced its consolidated financial results for the third quarter (Q3) and nine-month (9M) periods ended September 30, 2024, serving 47.2 million customers.
Labor force rises by 2.5%
The latest labor force statistics in Kuwait issued by the Central Statistical Bureau (CSB) as of the end of Q2 2024, indicate that the size of labor force in Kuwait increased by 2.5 percent and reached 2.141 million employees excluding household workers (2.089 million workers as of the end of Q2 2023).
UrbanV joins forces with Cluster2 to revolutionize air mobility in Saudi Arabia
Saudi airports under Cluster2’s management will soon begin feasibility studies to explore the implementation of advanced air mobility solutions.
Sharif, Al-Falih discuss progress on $2.8bn business deals
Pakistani Prime Minister Shehbaz Sharif met Saudi Investment Minister Khalid Al-Falih in Riyadh on Monday to discuss the progress of recently signed business agreements between the two countries, according to the Prime Minister’s Office.
Municipal Council approves spring camps regulations
The Municipal Council approved, in its main session on Monday, headed by Chairman Abdullah Al-Mahri, the spring camps bylaw, which consists of 23 articles and allows the establishment of camps for individuals, cooperative societies, civil clubs, and public benefit societies.
Gulf Bank signs agreement with Omnifintec to support SMEs
In its ongoing efforts to support small and medium enterprises (SMEs), Gulf Bank has signed a partnership agreement with Omnifintec, a financial services and solutions company, to provide comprehensive advisory and business services to its SME clients.
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