The Saudi company’s earnings totaled USD 48.4 billion, surpassing forecasts of USD 46.2 billion.
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Digital payments exceeded the use of cash for the first time in Saudi Arabia last year.
The program will support over 2,000 small tourism companies in the country for three years with USD 133 million. The goal is to strengthen the sector.
Gamers8 started on July 14 and runs until the beginning of September in the Saudi capital. Rodrigo Terra will lecture on August 8.
Plant milk is an untapped sector in the Arab region, says businesswoman Maria Eduarda Becker, who owns a specialty coffee brand in Dubai. The market is expected to reach the value of USD 123.20 billion by 2029, a survey says.
The pilgrimage to Mecca will receive 1 million worshippers this year. They will stay in tents in Mina.
Projects aim to increase wind and solar energy capacity in the Middle East and North Africa from 12.1 to 73 GW by 2030. Oman, Morocco, Algeria and Kuwait have some of the most ambitious plans.
The event will co-occur in Curitiba from July 7, in a hybrid format for all of Brazil, with films previously unreleased in the country and emphasizing female production. 11 Arab features and three shorts will be screened.
Companies from both countries signed investment agreements worth about USD 7.7 billion during the Saudi prince’s visit to Egypt.
The Arab country recorded a lower price increase in May compared to April. Transport prices have decreased. There was also deflation in clothing and footwear.
Wearing masks indoors is no longer mandatory. Proof of vaccination or a negative COVID-19 test is no longer required when entering indoor spaces, boarding planes, or using public transportation.
A Brazilian delegation led by the special secretary for Strategic Affairs of the Presidency of the Republic, Flávio Rocha, was received in Saudi Arabia. It completed a trip through nine Arab nations. Investments were the subject of discussions in the last country visited.
For the first time since the beginning of the pandemic, Mecca will host pilgrims from other countries.
According to a report, the Gulf countries will have to increase the number of hospitality professionals by 2026 as tourism booms.
