Inbound arrivals to Saudi Arabia will reach over 20 million by 2020, as the religious tourism sector flourishes in line with increasing demand to join the annual Haj pilgrimage, according to consumer insight firm Canadean.
The National Bank of Egypt (NBE), the oldest commercial lender in Egypt, aims to increase the size of loans granted to small and medium enterprises (SMEs) to E£70 billion ($7.8 billion) over four years, said a report.
Qatar Airways will introduce additional capacity to its two South American gateways from December 1, when the airline upgrades its existing aircraft operating on the route, a Boeing 777-200LR, to a Boeing 777-300ER.
The upgrade to
Tourico Holidays, the world’s fastest growing wholesale travel brokerage company, has reported a 22 per cent increase in worldwide activity bookings over the last 12 months as a result of adding 1,416 new activities to its global inventory
RAKtherm, a leading and internationally certified brand of innovative PPR and PEX piping systems, has devised its solid growth plan to increase its international footprint.
The three-pronged plan comprises investment in capital ex
Egypt-based Sakr Group for Food Industries revealed that it plans to increase its exports this year following the inauguration of its new factory for the production of juices, said a report.
The company aims to double its exports
Qatar Airways has announced that it will operate 20 flights per week to and from Riyadh starting September 1, increasing its services by more than 40 per cent.
Passengers travelling into and out of Saudi Arabia will benefit from g
The World Bank has raised its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook as an oversupply in markets is expected to recede.
Amid improving market sentiment and
Aluminium Bahrain, a leading global aluminium smelter, posted a 1.4 per cent increase in its overall sales during the first quarter, despite the downside trend of aluminium prices.
For the first quarter of the
National Bank of Kuwait’s decision to increase its capital by 6.5 per cent would be a positive as it will enhance the bank’s capital adequacy ratios ahead of a full implementation of the Central Bank of Kuwait’s Basel III cap