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Top News In Emaar Economic City Today - Breaking & Trending Today

PIF-backed master developer Emaar EC's losses widen by 15% in first 9 months to $167m

RIYADH: Saudi master developer Emaar Economic City’s losses for the first nine months of 2022 deepened by 15 percent to SR627 million ($167 million) from SR545 million during the same period last year, according to a bourse filing. The Public Investment Fund-backed developer reported the losses due to high provisions and revenue tanking 12 percent to SR227 million between ....

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King Abdullah Port turns the tide to resolve global supply chain crisis

JEDDAH: As global supply chain companies are finding ways to tackle the worst maritime congestions, the world’s most efficient port is emerging as a safe harbor to unclog the worldwide logistics pressures. King Abdullah Port recently reached a milestone of handling 15 million twenty-foot-equivalent in a record time of under nine years since its container terminal operations ....

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