Greif, a global leader in industrial packaging products and services, has announced plans to shut down its operations at Flexible Products & Services (FPS) plant in Saudi Arabia in August.
The company move comes followin
Negotiations are underway with owners of a garment factory to call off plans to close operations in Bahrain.
MRS Fashions, which exports up to 70 per cent of its products to the US, said it will shut down after
The main public hospital in Jeddah has closed its emergency room after a rise in cases of the Mers virus among medical staff, the health ministry said yesterday.
A Jeddah paramedic was among two more peop
Citadel Capital, a leading investment company in the Middle East and Africa, has received regulatory approvals to close its capital increase with full subscription on April 9.
The rights issue will bring the fi
Europe's top oil company Royal Dutch/Shell has closed its offices in Egypt for the next few days and restricted business travel there after yesterday's deadly security crackdown in Cairo.
Shell gave no details on how many
The world's first laboratory-grown beef burger was flipped out of a petri dish and into a frying pan on Monday, with food tasters declaring it tasted "close to meat".
Grown in-vitro from cattle stem cells at a cost o
Iran has no plan to close the vital shipping lanes of the Strait of Hormuz, Defence Minister Brigadier General Ahmad Vahidi was cited as saying by state-run Press TV.
Iranian officials have repeatedly threatened to close the strai
Business was booming at Gitex Technology Week 2012, on the closing day with the event attracting overwhelming crowds, showcasing eye-catching launches, sparking influential debate and facilitating a host of business connections on Thursday.