Tag: GCC Business News
Saudi’s Almarai acquires Binghatti’s beverage production unit in UAE
Saudi Arabian multinational dairy company Almarai has signed an asset purchase agreement to acquire the UAE production facility of Binghatti Beverages Manufacturing (BBM) for...
Short-term credit startups in Middle East flourished in light of COVID-19
Financial technology startups in Saudi Arabia and the United Arab Emirates offering online short-term credit stated that they are enjoying exponential growth as the...
Malaysia looks to improve bilateral relations with Saudi Arabia & UAE
Malaysia will expand its bilateral cooperation with Saudi Arabia and the UAE in a more comprehensive and strategic direction, and rebuild the confidence among...
UAE & Bahrain to open safe travel corridor for vaccinated travelers
The UAE and Bahrain have established a safe travel corridor for travelers who have been vaccinated against COVID-19, as part of their joint cooperation...
Recovery of GCC tourism sector will be faster than other MENA...
US-based association for the global financial services industry, Institute of International Finance (IIF) has revealed that the tourism industry in the six GCC countries...
GCC to lead the growth of MEASA eCommerce market; Report
The Middle East, Africa, and South Asia (MEASA) region's eCommerce market will grow to $148.5 billion by 2022 with the Gulf region driving this...
Cross-border business travel is vital for GCC enterprises; Study
UK-based global travel services expert Collinson has found that more than four-fifths of business travelers in the UAE and Saudi Arabia have seen their...
Eating red meat is associated with poor heart health; Research
Do you like to eat meat? If so, here's an important update for you. A recent observational study has found that eating more red...