• Al-Esayi ties up with Iqraa TV to show Zeitouni Ramadan recipes

    Al-Esayi Household Appliances, the exclusive distributor of Group SEB products in Saudi Arabia, collaborated with renowned celebrity Chef and TV personality Chadi Zeitouni, who has been featuring on Iqraa TV’s “Matbakhouki” show for the entire month of Ramadan, to present …

  • Alkawther, Modon in SR35m desalination plant agreement


    Dr. Tawfiq bin Fawzan Al Rabiah, Minister of Commerce and Industry and chairman of the board of directors of Modon, and  Ahmed Gashlan, Chief Executive Officer of Alkawther Industries Co, sign the agreement, in the presence of Director General of …

  • Investcorp acquires crisp maker Tyrrells

    Investcorp, a leading provider and manager of alternative investment products, has agreed to acquire Tyrrells Potato Crisps, the manufacturer of premium crisps and snacks from Langholm Capital for £100 million.

    Founded at Tyrrells Court Farm, Herefordshire, in 2002, Tyrrells is …

  • Expansion in China services surges to 54.1

    BEIJING — Growth in China’s non-manufacturing sector picked up in July as Beijing’s recent support measures for small firms helped improve sentiment, though companies noted that inflation is picking up and pushing up costs, official data showed Friday.

    The government’s …

  • RSH to build SR85m new facility in KAEC

    JEDDAH – Red Sea Housing Services Company (RSH) has announced its plans to build its fourth manufacturing facility in King Abdullah Economic City (KAEC) as part of its ongoing expansion strategy in Saudi Arabia. The 193,000 sqm facility is set …

  • Air passenger growth strongest in Mideast

    JEDDAH – The International Air Transport Association (IATA) released June passenger demand figures showing year-on-year growth of 6.0 percent. The robust growth, measured in revenue passenger kilometers (RPK), is ahead of the 4.8 percent demand growth reported over the first …

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