News

Investment tenders for 6 Saudi football clubs announced

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RIYADH: The Ministry of Sports, in collaboration with the National Center for Privatization & PPP, or NCP, announced on Sunday that tenders have been issued for six sports clubs, targeting local and international investors. The clubs included in this phase are Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba and Al-Kholoud. This announcement follows the ministry’s sports club … Read more

Egypt records 10.3% drop in trade deficit value

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RIYADH: Growth in the United Arab Emirates’ non-oil private sector remained steady in July, but posted the slowest improvement in nearly three years, an economic indicator showed. According to the S&P Global Purchasing Managers' Index, the Emirates' PMI fell to 53.7 in July from 54.6 the previous month, as competitive conditions, rising pricing pressures and … Read more

UAE non-oil sector growth robust amid rising price pressures: PMI data

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RIYADH: Growth in the United Arab Emirates’ non-oil private sector remained steady in July, but posted the slowest improvement in nearly three years, an economic indicator showed. According to the S&P Global Purchasing Managers' Index, the Emirates' PMI fell to 53.7 in July from 54.6 the previous month, as competitive conditions, rising pricing pressures and … Read more

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