Global shipping rates surge to multi-year highs, raising costs for oil, LNG
Global shipping costs are experiencing a significant and prolonged surge, impacting international…
Lulu further strengthens Jeddah presence with opening its first store at Aziz Mall, marking its partnership with Cenomi
Lulu Retail has expanded its presence in the Kingdom of Saudi Arabia…
Oman’s central bank issues treasury bills worth OMR33.9mn
Muscat, Oman – The Central Bank of Oman (CBO) successfully raised OMR…
Tokyo-bound United Airlines flight returns to Dulles airport after engine failure
A United Airlines flight returned to Denver International Airport on Saturday after…
Volkswagen bets on sedans in Saudi Arabia with the return of Jetta and Passat
Despite a global shift towards SUVs, the demand for sedans remains surprisingly…
AI set to transform Dubai real estate with smarter valuations and predictions
Dubai’s real estate sector is rapidly integrating artificial intelligence (AI) to navigate…
Credit granted by Oman’s banking sector rises by 9% to 34.7bn
Oman’s banking sector continues to demonstrate robust growth, with recent data from…
Elon Musk’s SpaceX will be the world’s biggest ever IPO in 2026 – if it happens
SpaceX, the aerospace manufacturer and space transportation services company founded by Elon…
Nizwa Industrial City attracts new investments worth OMR12 million
Nizwa Industrial City is experiencing a surge in investment, solidifying its position…
Jeddah Tower hits 80 floors: Burj Khalifa dethroned soon?
Saudi Arabia is experiencing a boom in ambitious construction projects, most notably…