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Telecom Egypt’s shares open up 10% following Saudi Telecom bid for Vodafone Egypt stake
The non-binding deal, which could be STC’s biggest in over a decade, values Vodafone Egypt at $4.4 billion and the two companies have agreed an arrangement over the long-term use of the Vodafone brand and other services in Egypt.
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Saudi Push for Early OPEC+ Meeting Hits Russian Resistance
The kingdom, the biggest member of the Organization of Petroleum Exporting Countries, has consulted with fellow producers on expediting the meeting -- currently lined up for March 5 to 6 -- amid growing alarm that Asia’s coronavirus outbreak will weaken oil demand, several delegates said.
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Here’s What It’s Like to Visit Saudi Arabia as a Woman
But people are just people anywhere in the world. I might have felt out of place due to my lack of coverings, but Saudi people hardly looked my way. Just like anywhere else, everyday people are too busy with their daily lives to care about what tourists are doing or wearing.
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Saudi International will tee off investment in KSA leisure sector
More than $ 13 million in prize money and 15,000 ranking points are on offer during the “Desert Swing” alone, the three-week period in January and February which represents half of the European Tour tournaments now played in the region.
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McDowell and Green set early pace at Saudi International
Graeme McDowell birdied his final three holes in difficult conditions to grab a share of the lead alongside Gavin Green after the opening round of the Saudi International in King Abdullah Economic City on Thursday.
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Six Flags Qiddiya: the new Saudi Arabia theme park
Despite the desert location, the climate is different from Dubai. “The big difference is that when the sun goes down you don’t have that high humidity. We will have fans, misters and all that stuff. But part of going to a theme park, in my opinion, is all about having that outdoor experience. In this region, from October to April, everyone wants to be outdoors.”
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Saudi bank lending jumps on mortgages, Aramco IPO boosts money supply
Private credit growth, partly due to lower interest rates, was boosted by a spike in mortgage lending, with residential new mortgages for individuals provided by banks amounting to 9.3 billion riyals in December - their highest level last year and almost three times their total amount in December 2018.
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Dubai blockchain market to reach $119 mn in 5 years
Reportedly, 1.4 percent of the total blockchain companies in the world are based in Dubai. While there are 8000 registered blockchain companies worldwide, 114 are in Dubai.
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Four Saudi aquaculture firms agree to merge
Four Saudi aquaculture firms have merged in a 500 million riyal ($133 million) deal, state news agency SPA said on Thursday. The four are the aquaculture division of Jazan Energy and Development Company (Jazadco), Tabuk Fisheries Company, Tharawat Seas and Aquaculture Sharq Farms.
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Now It’s 64. Wounded Troop Tally from Iran Missile Strike Rises Again
The tally includes 14 new diagnosed cases of TBI since the Pentagon’s last report on Tuesday, seven of which were treated in Iraq and returned to duty. In total, 21 troops have been sent to a military medical center in Germany for further treatment and eight to the United States. At least 11 more are awaiting transport to those locations for evaluation and treatment.
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