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Author: Steven Sahiounie
The proliferation of supermarkets and specialty stores has provided consumers with a broader range of options and competitive pricing
Strong non-oil growth in Q2 has put Saudi Arabia on track to record an overall gross domestic product (GDP) growth of 1.2% in 2024, according to data by S&P Global Market Intelligence
ADDED aims to empower entrepreneurs to ensure they can benefit from the wide array of opportunities in Abu Dhabi’s economy
Saudi oil revenues came in at 212.99 billion riyals in the same quarter, up 18% compared with the same quarter a year earlier
Total revenue for the second quarter was down 12.4% compared to the prior year period
Starbucks’ revenue fell one percent in the April-June period as customer traffic weakened in the US and China.
Passenger traffic at European airports returned to pre-COVID-19 levels in the first half of the year as the sector finally “turned the corner” on the pandemic crisis, the main in-dustry association said on Wednesday.
India’s Adani Group is considering investing in two airports in Vietnam, the Vietnamese government said on Wednesday, weeks after the company revealed it had permission to build a seaport in the country.
Boeing on Wednesday named aerospace industry veteran Kelly Ortberg as its new President and CEO after a months-long search, tasking the former Rockwell Collins executive with the monumental job of turning around the struggling planemaker.
President Joe Biden’s administration plans to unveil a new rule next month that will expand US powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, two sources familiar with the rule said. But shipments from allies that export key chipmaking equipment – including Japan, the Netherlands and South Korea – will be excluded, limiting the impact of the rule, said the sources who were not authorized to speak to media and declined to be identified. As such, major chip equipment manufacturers such as ASML and Tokyo Electron will not be affected. Shares in both companies surged following…
