Browsing: Business

A Nigerian Electric Mobility firm, Electric Motor Vehicle Company (EMVC), has announced that the organisation has attracted $275 million worth of Foreign Direct Investment to Nigeria.

Uncertainty felt by British business leaders collapsed to the lowest level since before the 2016 Brexit vote after Prime Minister Keir Starmer’s landslide election victory, a survey showed on Monday.

SEOUL — Saudi Vice Minister of Commerce and CEO of the National Competitiveness Center (NCC) Dr. Eman Al-Mutairi noted that the Kingdom allows 100% foreign ownership in most business sectors, a significant factor in attracting international investment.

LONDON: The London Metal Exchange has approved the Red Sea port city of Jeddah in Saudi Arabia as a warehouse delivery point for copper and zinc, it said on Monday.

RIYADH: The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, has signed nine contracts valued at over SR1 billion ($266.5 million) with the private sector to improve service facilities and infrastructure across various industrial hubs.

Kingdom working to secure access to lithium and other minerals for battery and electric vehicle manufacturing

RIYADH: Saudi Arabia’s low-cost airline flyadeal saw a significant increase in available seating capacity in the first half of this…

RIYADH: Merger and acquisition activity in the Middle East and North Africa region saw a modest 1 percent increase year on year in the first half of 2024, reaching $49.2 billion across 321 deals, according to Ernst & Young.

RIYADH: Saudi Arabia’s giga-project NEOM is set to advance following its inaugural steering committee meeting with the Ministry of Investment. The meeting focused on approving strategic directions, reviewing plans, and exploring funding opportunities.

RIYADH: The investment opportunities in Saudi Arabia’s Tabuk region are currently estimated at SR50 billion ($13.3 billion), according to the Kingdom’s Minister of Investment, Khalid Al-Falih.