Saudi food chain Raydan forgoes 5.5% of sales as it closes Jeddah branch

RIYADH: Saudi Arabia's Raydan Food Co. has shut down one of its branches in Jeddah, which used to contribute 5.5...

Fuchs revs up battery business to meet growing EV demands

JEDDAH: Fuchs Lubricants is formulating its production to meet the growing demand of the emerging industry of electric vehicles, as...

Foreign investments in Egypt’s oil sector see 26.02% decline, says minister

CAIRO: Egypt's oil minister said on Sunday that foreign investments in the sector fell 26.02% to $5.4 billion in the...

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