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1081 - 1090 from 16601 . In "BUSINESS"
Breitling has opened the doors to its first boutique in Roshana Mall, Al Tahlia Street, Jeddah. It was officially opened on Wednesday by Sheikh Mohammed Al-Hussaini, CEO of Al-Hussaini Trading Co, and Aed Adwan, managing director, Breitling Middle East.
Breitling opens first boutique in Jeddah
JEDDAH – Breitling has opened the doors to its first boutique in Jeddah. The new boutique, which can be found in Roshana Mall, Al Tahlia Street, was officially opened on Wednesday by Sheikh Mohammed Al-Hussaini, CEO of Al-Hussaini Trading Co, and Aed Adwan, managing director, Breitling Middle East.Located on the ground floor of the popular shopping destination, the 123m² boutique showcases the brand’s now familiar industrial-loft design concept, complete with exposed ceilings and brick walls.At the center of the new boutique is an eye-catching yellow grid panel stamped with a Breitling ‘B’. Wall-mounted propellers and surfboards, as well as unique artefacts guide visitors to explore the boutique’s air, sea and land watches.Breitling’s modern-retro design values are brought to...
January 04, 2023

Breitling opens first boutique in Jeddah

Kristalina Georgieva
Third of world in recession this year, IMF head warns
WASHINGTON — A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned.Kristalina Georgieva said 2023 will be "tougher" than last year as the US, EU and China see their economies slow.It comes as the war in Ukraine, rising prices, higher interest rates and the spread of Covid in China weigh on the global economy.In October the IMF cut its global economic growth outlook for 2023."We expect one-third of the world economy to be in recession," Ms Georgieva said on the CBS news program Face the Nation."Even countries that are not in recession, it would feel like recession for hundreds of millions of people," she added.Katrina Ell, an economist at Moody's Analytics in Sydney, gave the BBC her...
January 02, 2023

Third of world in recession this year, IMF head warns

CHANGE OF NAME
January 02, 2023

CHANGE OF NAME

LuLu Group launches extensive 12-month ‘ESG campaign’ to maximize impact on community
LuLu Group, whose flagship hypermarket chain powers the MENA region as one of the largest and fastest- growing retail chains, will be launching an ambitious ESG campaign this month which will shape the way the Group manages its response to environmental issues and sustainability, promotes social values such as diversity and inclusion in the workplace and manages employee relations through good governance of the workplace.The carefully planned campaign is called GOAL - which is an acronym for Green. Oneness. Awareness. and Life - and was launched by Princess Haifa bint Faisal Al Saud, Chairperson of Zahra Breast Cancer Association. October being Breast Cancer Awareness Month, Lulu has also linked the purchase and use of its recyclable bags to raising funds for the ZahraBreast Cancer...
January 01, 2023

LuLu Group launches extensive 12-month ‘ESG campaign’ to maximize impact on community

Awaed Financial Platform announces new investment opportunities
Awaed Financial Platform, licensed by the Saudi Capital Market Authority, announced new investment opportunities in which Darco Real Estate Company, and Qasr Al Masakin Company, the marketer of the project, will cooperate under the management of Rasana Capital Company to establish the first Darco Real Estate Development Fund "Jeddah."The Fund aims to acquire residential land in the Al-Safa neighborhood in Jeddah to construct four residential complexes comprising 184 housing units, to be sold after the completion of implementation work and the distribution of profits to investors after liquidating the Fund.Awaed Financial Platform provides investors with investment opportunities in projects that aim to make a profit after the liquidation of the project, which extends to 18 months....
December 28, 2022

Awaed Financial Platform announces new investment opportunities

The Jeddah Central Project is a unique waterfront development located right in the heart of Jeddah, with architecture inspired by Jeddah’s heritage and old town, Al Balad built using sustainable design and materials, bringing contemporary Saudi culture by the sea to life.
Jeddah Central Development Company joins UNWTO
JEDDAH — Saudi Arabia's Jeddah Central Development Company (JCDC), a wholly owned company of the Public Investment Fund (PIF) and the developer of the Jeddah Central Project, has been welcomed as a prestigious Affiliate Member of the United Nations World Tourism Organization (UNWTO).The UNWTO is the leading international organization in the field of tourism, it promotes tourism as a driver of economic growth, inclusive development, environmental sustainability and offers leadership and support to the sector in advancing knowledge and tourism policies worldwide. The UNWTO also promotes responsible, sustainable, and universally accessible tourism.The JCDC’s prestigious appointment by the UNWTO endorses Saudi Arabia’s leading and constantly growing stature in the regional and global...
December 28, 2022

Jeddah Central Development Company joins UNWTO

Disclaimer of Liability
December 28, 2022

Disclaimer of Liability

The second edition of the conference in 2022 featured a wide range of scientific sessions, workshops, and training programs.
Saudi Arabia launching 'Hajj Expo 2023' next month under patronage of Makkah Governor
“Expo Hajj”, the conference and exhibition of Hajj and Umrah services is all set to be held in Jeddah from 6-19 Jumadi II 1444 H corresponding 9-12 January 2023.The annual event will be organized by the Ministry of Hajj and Umrah under the patronage of Prince Khaled Al-Faisal, Advisor to the Custodian of the Two Holy Mosques and governor of Makkah region.The “Expo Hajj” is part of the Ministry's ongoing efforts to develop innovative services and solutions to better serve pilgrims. The Ministry works to improve their journeys to the Two Holy Mosques and enrich their religious and cultural experiences in order to fulfill the goals of the Saudi Vision 2030.The four-day event aims to build a thriving digital ecosystem that will help pilgrims have better experiences. It also brings...
December 25, 2022

Saudi Arabia launching 'Hajj Expo 2023' next month under patronage of Makkah Governor

Japan's inflation has jumped to its highest level since 1981.
Japan's inflation hits a 41-year high
TOKYO — Japan's core consumer price inflation edged up to 3.7% in November, the highest it has been since 1981.That was when a Middle East crisis disrupted oil production and caused energy prices to soar.But after decades of the country trying to boost inflation, Japanese consumers are now experiencing the pain of higher prices despite stagnant wages.Until now, the Bank of Japan (BOJ) had kept its ultra-loose monetary policy to boost its economy.But earlier this week, it surprised the market by raising the cap on the interest rate on its 10-year government bonds from 0.25% to 0.5%.As a result, the Japanese currency has spiked against the US dollar, hitting 151 yen to the greenback for the first time since 1990.The weak currency has fed into the country's inflation as it...
December 23, 2022

Japan's inflation hits a 41-year high

Investment opportunities to watch through the eyes of an investor
Amid a rapidly changing geopolitical landscape, high levels of inflation and rising interest rates, global Venture Capital (VC) is bracing itself to weather the storm of uncertainty. The year began with international venture funding totalling an estimated $195 billion. However, this reached a six-quarter low, with the crisis in Ukraine leading many investors to halt new financing rounds amid the global turmoil and uncertainty. Despite this, on the back of raising $700 million of financing in 2022, the Middle East North Africa (MENA) region is proving that venture capital investment opportunities remain for those who can innovatively tackle the world’s most significant challenges. Where do those opportunities lie, and how can investors and start-ups leverage collaborative expertise for...
December 22, 2022

Investment opportunities to watch through the eyes of an investor

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