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In "BUSINESS"
LONDON — The United Kingdom has clinched its biggest trading deal since leaving the European Union three years ago, though critics say it pales into insignificance compared to Brexit losses.On Friday, the government announced Britain was joining the Asia-Pacific trade pact, known as the CPTPP, which includes Japan, Mexico and Australia.The UK economy will receive a 1.8 billion pound (2 billion euro) boost in the long run, with tariffs on goods such as cheese, cars, chocolate, machinery, gin and whiskey slashed, said the government.They expected the CPTPP to increase the size of the economy by a modest 0.08% in ten years.Brexit will reduce the UK's long-term potential economic growth by 4% in the long term, according to the Office for Budget Responsibility, which advises officials.The...
March 31, 2023
Britain strikes biggest post-Brexit trade deal
March 30, 2023
LuLu honored with Excellence in Consumer Experience Award by Consumer Protection Association
March 29, 2023
Alibaba: China tech giant shares jump after breakup plan announced
March 27, 2023
Saeed Al-Ghamdi appointed as new SNB Chairman
The Communications, Space, and Technology Commission (CST), a government entity established to lead and grow the Kingdom’s telecoms, space, and IT sectors, has published the Saudi Internet Report 2022, an account of the most accurate statistics on internet usage in the Kingdom.Covering the development of IT infrastructure, the report aims to enhance digital services in the public and private sectors, attract technical investments, and contribute to a thriving digital economy.
Tracking daily internet usage across gender, age, and region, the report shows a growth in internet usage, with 49.4% of internet users spending 7 hours or more online each day, with some of the heaviest traffic occurring on Saturday.It also includes data on the Kingdom's growing internet penetration,...
March 27, 2023
CST issues Saudi Internet Report showing traffic increase to 35 million terabytes
March 27, 2023
Dallah Hospital Namar provides integrated health care for ENT patients
March 27, 2023
Collapsed US lender SVB bought by rival
March 26, 2023
Zahra Breast Cancer Association renews MoU with Houston Methodist to achieve its strategic goals
Zamakhchary & Co. (Z&Co.), a prestigious leading law firm in the Kingdom of Saudi Arabia, has announced the official appointment of Jawahir Al-Subaie as partner and head of the corporate and commercial law practice. With over a decade of experience in private practice and in-house, Al-Subaie brings a wealth of expertise and knowledge to the Z&Co. team.Al-Subaie’s extensive experience includes advising government and private sector clients on project development, complex data and technology transactions and projects, and strategic partnerships across the Middle East, Asia, Europe, and the U.S.Chariman of Z&Co., Monaji Zamakhchary, expressed his excitement over Al-Subaie’s addition to the team, stating, “We are excited to welcome Jawahir to the Z&Co. team. Her impressive track record...
March 26, 2023
Jawahir Al-Subaie joins Zamakhchary & Co. as Partner
March 25, 2023
Saudi King, Crown Prince inaugurate Ramadan campaign with massive donation toward Kingdom’s housing needs