LuLu celebrates 14 years in Saudi Arabia with gifts, deals

Huawei summit builds bridge for business growth in Middle East and Africa for global partners The HDC·Together Huawei MEA Ecosystem Summit, held in Dubai, showcased a seamless fusion of collaboration and innovation. The first day of the exclusive event was on Nov. 27 at the illustrious Dubai Opera. It brought together Huawei Ecosystem partners from … Read more

Turkiye extends LNG deal with Algeria for 3 years, says energy minister

RIYADH: Saudi Arabia’s National Debt Management Center has closed the November issuance of its riyal-denominated sukuk program, with a bid amount totaling SR2.66 billion ($710 million), representing a decline of 33.16 percent compared to October. The November issuance was divided into two tranches, with the first tranche valued at SR1.99 billion set to mature in … Read more

Pokemon COO aims to expand the franchise for “hundreds of years” for future generations of fans

Chief Operating Officer (COO) Takato Utsunomiya of The Pokemon Company stated in a recent interview with The Guardian that his goal is to keep the popular Pokemon franchise alive for hundreds of years. With Pokémon enjoying more than 25 years of popularity, the enduring characters, led by Pikachu, don’t seem to be going anywhere. The … Read more

Oman LNG to sell 1m tons of gas annually to UK’s BP for 9 years 

RIYADH: British multinational oil and gas company BP is on track to receive 1 million tons of Omani liquefied natural gas annually starting in 2026 amid a new agreement.  The deal, inked with Oman Liquefied Natural Gas, will last for nine years, the Oman News Agency reported.  This agreement falls in line with the Omani company’s efforts … Read more

Foreign investments in the Saudi capital market surge by 300% in last 5 years: CMA

RIYADH: Saudi Arabia’s Tadawul All Share Index gained 55.06 points, or 0.50 percent, on Sunday to close at 11,137.03.  The total trading turnover of the benchmark index was SR4.50 billion ($1.20 billion) as 158 of the listed stocks advanced, while 59 retreated.  Similarly, the Kingdom’s parallel market Nomu also jumped 77.43 points, or 0.33 percent, … Read more