Wednesday, 26 Jan 2022

Category: Business

Burger King’s Strategy to Challenge McDonald’s Global Dominance

Published by The Street By Daniel Kline The number two fast-food burger chain may also pave the way for Popeyes and Tim Hortons to grow around the world. In the United States, Burger King feels like a distant second behind McDonald’s (MCD) – Get McDonald’s Corporation Report in the fast-food burger race. The Restaurant Brands […]

Newcastle United Saudi owners set to ‘build sporting empire’

Published by Al-Araby The Saudi owners of Newcastle United are seeking to build a sporting empire to match the multi-club industry amassed by Manchester City’s Abu Dhabi owners, said reports Monday. Saudi Arabia Public Investment Fund (PIF) bought the English Premier League side in a controversial takeover last year, alongside British businesswoman Amanda Staveley and […]

Yemen’s Houthi rebels say ‘ready to expand the operation’

Published by Al-Araby Yemen’s Houthi rebels fired missiles at the United Arab Emirates and Saudi Arabia, with coalition forces hitting back by blowing up the insurgents’ launchpad as a sharp escalation of hostilities entered a second week on Monday. Witnesses saw bright flashes arcing over the Emirati capital Abu Dhabi in the early hours of […]

Houthi missile attack intercepted by UAE

Published by Al-Araby The United Arab Emirates intercepted and destroyed two Houthi ballistic missiles targeting the Gulf country on Monday with no casualties, its defence ministry said, following a deadly attack a week earlier. For more than six years, Yemen’s Houthi rebels have been battling a Saudi-led coalition that includes the UAE, repeatedly carrying out […]

Industry Minister receives Iraqi Chargé d’Affairs

Manama, Industry, Commerce and Tourism Minister Zayed bin Rashid Al Zayani received Iraqi Chargé d’Affairs Muayyad Omar Abdulrahman. The meeting discussed topics of common interest. The minister praised the progress witnessed in Bahraini-Iraqi relation…

LG plans regional headquarter in Riyadh: Asharq TV

Published by Al-Araby South Korea’s LG Corp is planning to establish its regional headquarter in Saudi Arabia’s capital Riyadh, Asharq television reported on Tuesday. LG’s announcement comes as the president of the East Asian country is visiting the kingdom. The world’s top oil exporter and largest Arab economy in February said it would give foreign […]

Azerbaijan stakes on alternative energy – prospects and new opportunities

Published by Azer News By Trend A significant event occurred in Azerbaijan last week. The groundbreaking ceremony for the 240 MW Khizi-Absheron wind farm, which will be built by the Saudi Arabian ACWA Power company, was held. President of Azerbaijan Ilham Aliyev and Minister of Energy of the Kingdom of Saudi Arabia, Prince Abdulaziz bin […]