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Saudi real estate developer Alawaly eyes $133m from IPO

RIYADH: Saudi Al Awali Real Estate Co. seeks to raise SR500 million ($133 million) by offering 20 percent of its shares on Nomu-Parallel Market, its CEO told Asharq Business. The Saudi real estate developer is set to float its stake by the first quarter of 2023 as a step toward obtaining the funds that will be needed for the expansion plans the company has in store for the ....

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Trade picks up in Makkah as pilgrims shop

MAKKAH: Umrah season is in full swing, and visitors from all over the world are converging on Makkah and Madinah to visit the Two Holy Mosques. Trade in Makkah is witnessing significant activity and recovery in the second season of the pilgrimage following the pandemic. In addition to performing their rituals, pilgrims are visiting the marketplace to buy souvenirs for their ....

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24 Cleanest Beaches In Lebanon

These are the cleanest beaches in Lebanon, characterized by low bacterial & organic contamination, & the concentration of fecal bacteria is less than permissible, according to CNRS-L annual report. ....

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