Tag: Gulf Region
Chinese automobile brand Exeed plans to venture into Gulf markets
China-based premium automobile brand Exeed is planning to make its debut in Saudi Arabia, Kuwait, and Qatar later this year.
According to the company, “A...
Augmented beauty tech firm Perfect Corp expands across GCC region
Perfect Corp, the world’s leading beauty tech solutions provider, is widening its global footprint by extending its operations across the Gulf region.
The US-based artificial...
Kuwait ranked as the most expensive country to live in Gulf
Kuwait has been ranked the most expensive Gulf country in cost of living during the period from 2011 to 2020. The country topped the...
Noon.com to draw $2bn from investors including Saudi’s PIF
Middle East's homegrown digital marketplace, Noon.com is all set to raise about $2 billion in funding from investors including Saudi Arabia’s sovereign wealth fund,...
Schneider Electric, NXN unite to boost Gulf region’s digital transformation initiatives
France-based energy service provider Schneider Electric has partnered with NXN, a leading provider of end-to-end smart digital services for digital transformation in the smart...
Biden presidency gives hopes for new US-Gulf trade ties
After the US election, many analysts have speculated how the Biden administration will continue the relationship with the oil-exporting Gulf states as well as...
Obesity levels dangerously high in Gulf; Warns WOF report
Obesity rates have hit a record high in the Gulf region, a recent study has warned.
At least one third of women and one quarter...
IMF revises Gulf economic forecast; Shares better prospects for Saudi
The International Monetary Fund (IMF) has revised its earlier projections of the real gross domestic product (GDP) for most of the Gulf nations.
The new...
