Articles for category: Business

Flynas IPO: 30% stake to hit Saudi Exchange soon

Flynas Takes Flight with IPO Plans: 30% Stake to be Listed on Saudi Exchange In a bold move that is set to shake up the aviation industry, Flynas has announced its plans to go public with an initial public offering (IPO). The Saudi-based airline revealed that it will be offering a 30% stake in the ...

Revolutionary Partnership Shapes Future of Retail Real Estate in KSA

Revolutionizing the Retail Landscape: Cenomi Centers and URW Join Forces A game-changing strategic and franchising partnership has been unveiled between Cenomi Centers, the powerhouse mall developer in Saudi Arabia, and Unibail-Rodamco-Westfield (URW), the renowned owner, developer, and operator of top-tier Westfield destinations in Europe and the US. Inking a 10-year deal with a possibility of ...

Shocking Loss: SABIC’s Q1 2025 Financials Revealed

SABIC’s Shocking Loss: SR12 Billion in Q1 of 2025 In a dramatic turn of events, Saudi Basic Industries Corporation (SABIC) has reported a staggering loss of SR12 billion in the first quarter of 2025. This unexpected financial blow has sent shockwaves through the industry and raised concerns about the company’s future. The news comes as ...

Empowering Saudi Women: L’Oréal Summit in Jeddah drives sustainable growth

L’Oréal Saudi Arabia Empowers Saudi Women and Advances Sustainability in Beauty Industry The beauty industry in Saudi Arabia is undergoing a transformative shift, thanks to the efforts of L’Oréal Saudi Arabia. On April 24, the company inaugurated its groundbreaking L’Oréal for the Future Summit in Jeddah, reaffirming its commitment to empowering Saudi women and advancing ...

Revolutionary Parkinson’s Pump Therapy Now Available in Dubai

Revolutionary Parkinson’s Treatment at King’s College Hospital Dubai In a groundbreaking development, King’s College Hospital London in Dubai has brought new hope to Parkinson’s patients by successfully performing subcutaneous levodopa (fos-levodopa) pump therapy on the youngest Parkinson’s patient in the UAE and the MENA region. A Breakthrough in Parkinson’s Care At the tender age of ...

Revolutionary Innovation Center by Awwal Bank for Financial Services

Saudi Awwal Bank Unveils Cutting-Edge Innovation Centre Saudi Awwal Bank (SAB), a powerhouse in the financial sector of the Kingdom of Saudi Arabia, made waves with the grand opening of its Innovation Centre on Thursday, May 1. This state-of-the-art facility is set to revolutionize the landscape of Financial Services Innovation in the region. The Hub ...

Revolutionary Parkinson’s Pump Revealed in Dubai!

Revolutionary Parkinson’s Treatment Breakthrough at King’s College Hospital Dubai In a groundbreaking development, King’s College Hospital London in Dubai has brought new hope to Parkinson’s patients by successfully administering subcutaneous levodopa (fos-levodopa) pump therapy to the youngest Parkinson’s patient in the UAE and the MENA region. Personalized Care for Parkinson’s Patients Diagnosed with Parkinson’s disease ...

Revolutionize corporate travel with AkeedAI at ATM Dubai

FlyAkeed Unveils AkeedAI: The Next-Generation AI Travel Assistant FlyAkeed, the Saudi-based corporate travel management platform driven by innovation, made a groundbreaking announcement at the Arabian Travel Market (ATM) in Dubai. Introducing AkeedAI – a cutting-edge, agentic AI travel assistant that is set to revolutionize business travel in the region. Empowering corporate travel administrators, decision-makers, and ...