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 […]
Category: Business
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 […]
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 […]
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 […]
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…
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 […]
Baghdad The Minister of Oil and the National Oil Company are participating in the “Abu Dhabi Sustainability Week 2022” related to the transition towards clean energy, which started today in the United Arab Emirates in the presence of ministers, ambassa…
Washington, The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated three Hizballah-linked financial facilitators and their Lebanon-based travel company. Specifically, OFAC designated Adel Diab, Ali Mohamad Daoun, Jihad…
Riyadh, The IHS Markit index has expected the Saudi economy to record the highest growth levels among the G-20 countries at 11.1% during the last quarter of 2021, a wide gap of about 4.5% from its nearest competitor: Italy. The achievement reflects the…
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 […]