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German start-up NeuSpace, established during the coronavirus disease (COVID-19) pandemic to help hotels overcome a slump in occupancy rates, is now working in Saudi Arabia. (Shutterstock/File Photo)

German startup to help Saudi hotels utilize empty spaces

  • COVID-19 pandemic has brought slump in average hotel occupancy rates in Saudi Arabia
By Rashid Hassan ·
Thamer Saleh Al-Sedais has been appointed general manager of the Riyadh branch of Deutsche Bank. (Supplied)

Deutsche Bank appoints new manager to Riyadh branch

By Arab News ·
The merger between National Commercial Bank (NCB) and Samba Financial Group (Samba) will lead to a consolidation of the groups’ asset management subsidiaries reinforcing the joint entity’s position as Saudi Arabia’s biggest asset manager, Moody’s says. (Reuters/File Photo)

NCB’s merger with Samba will reinforce asset management subsidiaries: Moody’s

By Arab News ·
Central bank: India has seen the worst, barring another wave of COVID-19

Central bank: India has seen the worst, barring another wave of COVID-19

By Reuters ·
UK inflation starts climb as effects of COVID-19 and Brexit combine

UK inflation starts climb as effects of COVID-19 and Brexit combine

By Reuters ·
Prince Khaled bin Alwaleed bin Talal, KBW Ventures' founder and CEO, at the Milken Institute. (Supplied)

KBW Ventures increases stake in US cellular seafood company

By Arab News ·
Human resources are a key factor in a country’s ability to attract investment, the head of the Dubai Investment Development Agency (Dubai FDI) told delegates at the 14th Asian Business Leadership Forum (ABLF). (Supplied)

Talent a ‘game changer’ in attracting investment, says UAE official

By Kateryna Kadabashy ·
From L-R: Trefor Murphy, founder and CEO of Cooper Fitch, a Dubai-based recruitment firm that covers the whole Gulf region. Fazeela Gopaliani, Middle East head of the Association of the Chartered Certified Accountants (ACCA). Rabia Yasmeen, a consultant at research company Euromonitor International. (Supplied)

Saudization: What needs to be done to achieve 30% in accountancy?

By Jumana Al-Tamimi ·
Since being announced and inaugurated by the late King Abdullah, KAEC has featured projects and initiatives with a total worth of SR130 billion. (SPA/File Photo)

$480m fund launched to build hotel resort at King Abdullah Economic City

By Hala Tashkandi ·
Some employees working remotely are opting to stay in a hotel during the working week. (Emaar Hospitality)

Dubai hotels target workation, staycation markets

By Arab News ·
Bahrain’s Arab Banking Corporation (ABC) is to buy 99.4 percent of BLOM Bank’s Egypt subsidiary, subject to regulatory approvals in both countries. (BLOM Bank Egypt)

Bahrain’s Arab Banking Corporation buys BLOM Egypt

By Mohammed Abu Zaid ·
The Saudi Central Bank (SAMA) has issued a statement encouraging companies in the insurance sector to consider merger and acquisition (M&A) deals. (Shutterstock/File Photo)

SAMA calls for more M&A deals in insurance sector

By Arab News ·
Oman’s new parliament law shrouds budget talks in secrecy

Oman’s new parliament law shrouds budget talks in secrecy

By Reuters ·

Opinion

Frank Kane
It’s probably premature, but markets are on alert for the ‘Trump bust’
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Latest updates

UN envoy calls for greater sense of urgency in Syrian peace efforts
UN envoy calls for greater sense of urgency in Syrian peace efforts
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Asia to dominate Davos virtual forum as virus-hit West struggles
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Musk to offer $100m prize for ‘best’ carbon capture tech
Investors fret about economic impact of fresh COVID-19 shocks
Investors fret about economic impact of fresh COVID-19 shocks
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Schlumberger echoes rivals’ oil recovery predictions
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