Ranju Warrier

ARTICLES

1 year ago

Saudi Arabia's Abdul Latif Jameel And Kosei Aluminum To Build New Manufacturing Unit

In a move to drive foreign investment in Saudi Arabia, family-owned business conglomerate Abdul Latif Jameel along with Japan’s Kosei Aluminum signed a Memorandum of Association (MoU) with the...
1 year ago

Lulu Group International Expands In Asia With New Logistics Unit In The Philippines

UAE-headquartered Lulu Group International, owned by billionaire Yusuff Ali M.A., has stepped up its investment in South East Asia with a new facility in the Philippines. The Abu Dhabi-based retail...
By Ranju Warrier 4 min read
1 year ago

Prince Alwaleed Takes $266.7 Million Stake In French Music Streaming Service Deezer

Saudi Arabian business tycoon Prince Alwaleed Bin Talal has announced that he has completed a $266.7 million (SAR1 billion) deal to buy newly issued shares in French music streaming service...
1 year ago

Kuwait Finance House, Bahrain’s Ahli United Bank Merger To Result In New Bank With $92 Billion Assets

In July Kuwait Finance House invited Bahrain’s Ahli United Bank to begin a due diligence process for a potential merger of the two financial institutions, creating Kuwait’s biggest Islamic...
1 year ago

Employees In The MENA Region Are Among The Most Engaged In The World, Study Finds  

With a successful business being every employer’s dream, it is equally important for them to make working environment employee-friendly to generate maximum employee engagement. In its latest study...
1 year ago

Saudi Cinema Gets A Boost After Third Cinema Operator Plans To Open 30 New Theatres

As Saudi Arabia formally ended a 35-year long ban on cinemas, a third cinema operator has announced plans to set up shop in the Kingdom. Al Rashed Empire Cinema Consortium received a license to...
1 year ago

The Luxury Closet Bags $8.7 M In Growth Funding From Investors Led By MEVP

Dubai-based luxury resale marketplace The Luxury Closet recently raised $8.7 million in growth round of funding, bringing its total funding till date to $18.7 million. The latest funding round was...
1 year ago

Gold Prices Drop To Six-Month Low, As Dollar Trades All-Time High

As risks to the global economy swell on the back of a U.S.-China trade war, volatile oil markets and geopolitical uncertainty, gold has also slumped to a six-month low on a strong dollar. The yellow...