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DP World, Mawani inaugurate SAR3 billion terminal in Jeddah

JEDDAH/WAM DP World and Saudi Ports Authority (Mawani) have unveiled the new state-of-the-art South Container Terminal at Jeddah Islamic Port, marking a major milestone in DP World’s SAR3 billion ($800 million) expansion and development programme to upgrade the terminal and enhance Saudi Arabia’s position as a leading global trade hub. The three-year project has transformed South Container Terminal into one ...

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S&P projects 20% growth in UAE’s insurance sector in 2025

DUBAI/WAM S&P Global Ratings has projected that the UAE’s insurance sector will maintain positive growth prospects in 2025, with growth expected to range between 10% and 20% in 2025, following an estimated 20% expansion in 2024. The agency also highlighted that other Gulf countries will experience similarly favourable growth conditions in their insurance markets, with expected growth rates ranging from ...

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UAE to mark International Women’s Day

ABU DHABI/WAM The United Arab Emirates will celebrate the International Women’s Day tomorrow, which falls on 8th March each year, as the nation continues its journey of empowering Emirati women at “full speed,” achieving remarkable milestones that enhance the country’s sustainable development path. Women’s issues hold a top priority in the vision of the UAE’s leadership, which views women as ...

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