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In "BUSINESS"
Lulu Retail, the leading hypermarket chain in the Middle East, is set to expand its presence in Saudi Arabia with the grand opening of its latest express store in Madinah. This strategic expansion aligns with Lulu's commitment to providing world-class shopping experiences to residents and visitors while supporting the Kingdom’s Vision 2030 initiative for economic growth and job creation.Mazen Rajab, Chairman of the Madinah Chamber of Commerce, officially inaugurated the new Lulu express store in the presence of Fahad Ahmed khan Suri, Consul General of India in Jeddah, Yusuffali M.A., Chairman of Lulu Group, along with other distinguished dignitaries.The new Lulu store, developed in partnership with Al Manakha Urban Project Development Company, spans a retail space of 23,000 square...
February 13, 2025
Lulu brings world-class shopping experience to holy city of Madinah
February 13, 2025
Honda-Nissan multi-billion dollar merger collapses
Takamol Holding, a key partner in Saudi Arabia's economic transformation, successfully concluded its participation in LEAP 2025. The company showcased its latest innovations and advanced technological solutions through interactive demonstrations, including the AI-powered "Rain" product, Future Work initiatives, the Takamol Academy, the Qiwa platform, and the Moaama program.At the conference, Takamol Holding showcased its expertise in various technology fields through expert-led panel discussions. The company unveiled innovative solutions, presented its services and those of its subsidiaries, and finalized 14 strategic partnerships with key industry players. These agreements aim to bolster the labor market and contribute to the realization of Saudi Vision 2030.These agreements...
February 12, 2025
Takamol Holding, a key economic transformation partner, successfully concludes participation in LEAP 2025
As the beauty and technology industries continue to evolve at an unprecedented pace, L’Oréal remains at the forefront of innovation, shaping the future of beauty in the Middle East and beyond. With a strong commitment to digital transformation, sustainability, and scientific research, the Group is leveraging cutting-edge advancements in AI, green sciences, and personalized beauty solutions to redefine the industry. In this interview, Laurent Duffier, Managing Director of L’Oréal Middle East, shares insights into the company’s long-term vision for growth in the region, its competitive edge in Beauty Tech, and the groundbreaking innovations driving hyper-personalized solutions.From AI-powered diagnostics to sustainability-driven product development, L’Oréal is not only adapting...
February 12, 2025
L’Oréal Groupe poised to shape future of beauty in the region, solidifying its position as the market leader
February 11, 2025
Maya Diab joins Arab stars and celebrities in celebrating the Centrepoint Ramadan 2025 collection launch at Riyadh Boulevard
As Saudi Arabia moves toward healthcare self-sufficiency under Vision 2030, the localization of vital pharmaceutical manufacturing has become a critical priority. In a major step forward, Sanofi, which signed last year an offtake agreement with Sudair Pharma Company (SPC) and NUPCO, is transferring its global expertise in insulin production to the Kingdom, ensuring a more resilient supply of high-quality treatment for diabetes patients.Lama Saleh, General Manager for General Medicines for Sanofi KSA & Gulf, said that, with a diabetes prevalence rate of 18.7%, (IDF Atlas 10th edition, IDF T1D index report) among the highest in the world, Saudi Arabia faces an urgent need to secure a stable and reliable supply of insulin. Historically reliant on imports, the Kingdom is now shifting toward...
February 11, 2025
Sanofi is transferring its global expertise in insulin production to Saudi Arabia
February 11, 2025
Oilatum tackles rise in Eczema and Dry Skin in Saudi Arabia
February 10, 2025
HONOR brings together AI and luxury with PORSCHE DESIGN HONOR Magic7 RSR at LEAP 2025
Madkhol Capital, a fintech innovator specializing in robo-advisory investment solutions, announced today the successful closure of its $2.2 million Seed funding round. The round was co-led by Institute of Consulting and Business Solutions and numu Angel Investing Community, with participation from prominent individual Angel investors.Launched in 2023 following regulatory approval from the Financial Market Authority, Madkhol Capital empowers investors with [insert specific service/value proposition, e.g., "AI-driven, Shariah-compliant portfolio management tools designed to democratize access to wealth growth opportunities"].Saad Bin Atyan, Co-Founder and CEO of Madkhol Capital, expressed gratitude to investors, stating: “This funding underscores confidence in our mission to...
February 10, 2025
Madkhol Capital closes $2.2 million Seed Round led by Institute of Consulting and Business Solutions and numu Angel Investing Community
February 09, 2025
How amana helps traders and investors in MENA build wealth
