Will US Tariff Hikes Affect Saudi Arabia? The recent announcement of potential tariff hikes by the United States has sent shockwaves throughout the global economy, with many countries bracing for the impact. Among those closely watching the situation is Saudi Arabia, a key player in the international market. Potential Ramifications for Saudi Arabia Should the ...
Saudi Ports Authority and Alissa Universal Motors Partner to Establish Logistics Zone at King Abdulaziz Port In a groundbreaking move, the Saudi Ports Authority “Mawani” and Alissa Universal Motors, a subsidiary of Abdul Latif Alissa Holding Group, have joined forces to create a state-of-the-art logistics zone at King Abdulaziz Port in Dammam. With a whopping ...
Saudi Market Defies Global Volatility in Q1 2025, Report Shows In a surprising turn of events, the Saudi market has displayed remarkable resilience in the first quarter of 2025 despite the ongoing global economic volatility, according to a recent report. The report highlights the strength and stability of the Saudi market in the face of ...
Saudi Market Defies Global Volatility in Q1 2025 In a surprising turn of events, the Saudi market has shown remarkable resilience in the first quarter of 2025 despite facing intense global volatility. According to a recent report, the Kingdom’s economy has managed to weather the storm and emerge stronger than ever. Staying Strong Amidst Turbulent ...
Mercedes-Benz Cars Middle East Teams Up with EVIQ in Saudi Arabia In a groundbreaking move, Mercedes-Benz Cars Middle East has joined forces with Juffali Automotive Company (JACO), its official general distributor in Saudi Arabia, to sign a Memorandum of Understanding (MoU) with EVIQ, Saudi Arabia’s leading EV infrastructure provider. This strategic alliance underscores Mercedes-Benz’s unwavering ...
HONOR Unveils Flagship Experience Store in Saudi Arabia In a groundbreaking move, HONOR, a global leader in AI device ecosystems, has launched its first flagship experience store in Saudi Arabia at Solitaire Mall. This momentous occasion marks a significant leap in the brand’s expansion efforts across the Kingdom, drawing a diverse crowd of media personnel, ...
Saudi Awwal Bank (SAB) Reports Strong Financial Results for Q1 2025 In a bold move, Lubna S. Olayan, the Chair of the Board of Directors of Saudi Awwal Bank (SAB), unveiled the bank’s financial results for the period ending 31 March, 2025. With a touch of resilience and determination, SAB showcased a net profit after ...
stc Group Reports Strong Financial Performance in Q1 2025 stc Group, a leading telecommunications and information technology company, has announced its preliminary financial results for the first quarter ending March 31, 2025. The company showcased a robust performance across key metrics, reflecting its strategic vision and commitment to innovation. Revenue Growth and Profit Increase During ...
Virgin Atlantic’s Riyadh Route: A Game-Changer Connecting Global Capitals In just one month since its maiden voyage, Virgin Atlantic’s new daily route from London Heathrow to Riyadh is already causing a stir. This route is more than just a connection between two major cities—it’s a testament to premium service, strategic partnerships, and the growing demand ...
Breaking Down the 1Q25 Financial Results of Saudi Awwal Bank Net Profit after Zakat and Income: In the first quarter of 2025, Saudi Awwal Bank (SAB) saw a net profit of SR2,135 million, a 5% increase from the previous year. Total Operating Income: SAB reported a total operating income of SR3,620 million, marking a 5% ...
Layla Al-Khalifa
Layla Al-Khalifa
Layla Al-Khalifa