Articles for category: Business

Layla Al-Khalifa

Breaking News: MAGRABi Retail Group Takes Over Top Kuwaiti Retailer!

MAGRABi Retail Group Acquires Kefan Optics Company KSCC: A Game-Changer in Kuwait’s Eyewear Industry In a groundbreaking move, MAGRABi Retail Group, the leading eyewear retailer in the Middle East, has announced the acquisition of 100% of the issued share capital of Kefan Optics Company KSCC, a major player in Kuwait’s eyewear market. Revolutionizing the Customer ...

Layla Al-Khalifa

Moody’s Downgrades US Credit Rating Due to Soaring Debt

Moody’s Downgrades US Credit Rating to ‘Aa1’, Ending Era of Perfect Credit In a historic move, Moody’s has stripped the United States of its last remaining perfect credit rating, downgrading it from ‘AAA’ to ‘Aa1’. The decision, announced on Friday, comes as a result of mounting concerns over debt sustainability and increasing interest costs. This ...

Layla Al-Khalifa

Boeing lands record-breaking order from Qatar during Trump’s visit

Boeing Strikes Massive Deal with Qatar for 210 Jets In a groundbreaking move, Boeing has clinched a deal with Qatar for up to 210 jets, marking the aircraft maker’s “largest-ever” widebody order valued at a staggering $96 billion. The order comes amidst swirling controversy surrounding US President Donald Trump’s proposed acceptance of a Boeing 747-8 ...

Layla Al-Khalifa

New PIF Appointments Shake Up Real Estate Market!

PIF Appoints Saad Alkroud to Lead Local Real Estate Investments, Maram Al Johani as Acting Chief of Staff In a strategic move aimed at bolstering their real estate investment portfolio, the Public Investment Fund (PIF) has appointed Saad Alkroud as the new head of local real estate investments. This decision comes at a time when ...

Layla Al-Khalifa

“Unveiling Saudi Arabia’s Digital Labor Market Evolution at London’s International Finance Forum: Qiwa CTO Speaks Out!”

Haytham AlQadheeb Leading the Charge at London’s 4th International Finance Forum Haytham AlQadheeb, Chief Technology Officer of Qiwa at Takamol Holding, stole the spotlight at the prestigious London’s 4th International Finance Forum (IFF25). He captivated global finance and technology leaders with a compelling narrative on Saudi Arabia’s digital transformation. AlQadheeb’s presentation delved into the Kingdom’s ...

Layla Al-Khalifa

STC Bank Teams Up with Arthur Lawrence for Outsourcing Services & Job Descriptions

STC Bank Partners with Arthur Lawrence for Operational Outsourcing and Job Description Development Services In a groundbreaking announcement made at the Saudi-U.S. Investment Forum 2025, STC Bank revealed its strategic partnership with Arthur Lawrence to enhance operational efficiency and workforce planning within the bank. Job Description Alignment and Outsourced HR Support Under the agreement, Arthur ...

Layla Al-Khalifa

Discover Dr. Waleed Alrodhan Alshalan’s Cybersecurity Odyssey!

The Intersection of Cybersecurity and Literature: Dr. Waleed Alrodhan Alshalan’s Unique Journey At the fascinating crossroads of technology and imagination, Dr. Waleed Alrodhan Alshalan emerges as a prominent figure in Saudi Arabia’s academic and cultural landscape. A cybersecurity associate professor and passionate novelist, Alshalan blends technical expertise with literary finesse. His novel Leonardo da Vinci ...