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Press Dossier   By Date  21/03/2023
Aramco, DHL form new procurement and logistics hub JV
The Saudi Arabian Oil Co., also known as Saudi Aramco, announced a new end-to-end procurement and logistics hub joint venture with logistics firm DHL Supply Chain.
Saudi Arabia’s factory sector sees 50% growth since Vision 2030’s launch: Deputy minister
The number of factories in Saudi Arabia has increased 50 percent since the launch of Vision 2030 in 2016, according to the Deputy Minister of Industry and Mineral resources Osama bin Abdulaziz Al-Zamil.
Closing bell: TASI rises 60 points
Saudi Arabia’s Tadawul All Share Index increased 60.39 points on Monday – or 0.59 percent – to close at 10,218.12.
Boubyan Bank and Mastercard partner on remittance transfers
Boubyan Bank and Mastercard have partnered to simplify and speed up cross-border remittance payments. Through Mastercard Cross-Border Services, Boubyan Bank customers are now given greater choice and flexibility when sending money to destinations around the world.
Kuwait seeks to draw a roadmap for digital future, says Al-Nahedh
Minister of Commerce and Industry and Minister of State for Communications and Information Technology Affairs Mazen Al-Nahedh stressed the importance of supporting the partnership between the government of Kuwait and international information technology companies and adopting applications in line with the requirements of the New Kuwait vision.
Global banking crisis unlikely to affect GCC banks, says Moody’s
Banks in the Gulf Cooperation Council (GCC) region are strongly interlinked with their respective sovereigns and are unexposed to recently failed US banks, stated the global credit rating agency Moody’s Investor Service.
What you should know about freehold and leasehold properties
I am on the lookout for a property in Dubai, but I am often confused between the terms freehold and lease (hold)?
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