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The Latest Breaking News from Chamber of Commerce and Industry

French wildfires affect 40,000 businesses as disruption spreads

Around 200,000 jobs are connected to businesses affected by the Gironde fires, while the region’s tourism industry and electricity network face mounting pressure.

Euronews

Haiti prepares for new leadership as gunfire erupts and gangs threaten to overthrow government

A wealthy businessman is slated to become president of Haiti’s transitional presidential council, marking the first time that the private sector is in control of the country’s two executive branches

The Independent UK

Saudi Economic Transformation Programs Generate 3 Mln Jobs

A recent Saudi study revealed that economic transformation programs and initiatives included in Saudi Arabia’s Vision 2030 have generated prospects for more than 3 million future jobs. Abdulaziz Al-Awwad, Vice-Chairman of the Human Resources Committee at the Chamber of Commerce and Industry in Riyadh, stated that the study carried out…

Asharq Al-Awsat

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ACWA Power to Collaborate with Indonesia’s Pertamina to Energize Tuban Refinery

Saudi Arabia’s ACWA Power and Indonesia’s Pertamina New & Renewable Energy have signed a joint development agreement (JDA) to develop the core utilities supply for the Tuban Grass Root Refinery and Petrochemical Project. The agreement was signed by Dannif Danusaputro, CEO of PNRE, and Paddy Padmanathan, Vice Chairman and Chief…

Asharq Al-Awsat

T-Hub, IFCCI tie-up to boost tech innovation by startups

Indo-French Chamber of Commerce and Industry chapter opened in Hyderabad

The Hindu

Peak business group disappointed over one-off public holiday to mark death of Queen Elizabeth

The Chamber of Commerce and Industry WA says small and medium sized businesses will bear the cost of the public holiday, which also falls on a Thursday when trading hours are usually extended for late night shopping.

ABC News

WA Chamber of Commerce and Industry says businesses report declining profits and confidence

The Chamber of Commerce and Industry in Western Australia has released a new report, which shows a decline in confidence and profit margins for regional businesses.

ABC News

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Saudi Non-governmental Real Estate Investment Nearly Exceeds $68b

With the qualitative leap that Saudi Arabia has achieved at the global economic level, the real estate sector is expected to lead one of the engines of the country’s economic growth in the coming period, as private sector investments have exceeded 254 billion riyals ($67.7 billion), according to recent estimations.…

Asharq Al-Awsat

Riyadh Seeks to Boost Food Security with Thai Partnerships

A Thai official revealed his country’s efforts to build bilateral partnerships with Saudi Arabia to enhance food security, stressing that his country would study and address challenges facing Saudi investors in exporting to Thailand. He made his remarks during a meeting in Bangkok on Tuesday that brought together Thailand’s Deputy…

Asharq Al-Awsat

Ukraine bracing for Russia cruise missile blitz with warships poised to launch attack

Ukrainian President Volodymyr Zelenskiy had predicted Russia would step up their deadly attacks ahead of Thursday’s EU summit on Thursday in Brussels, Belgium

Daily Mirror

Ukraine detains senior public figures suspected of spying for Russia

Ukraine has detained a senior government official and a business leader suspected of being part of an alleged Russian spy network, the Security Service of Ukraine said on Tuesday.

Reuters

ICT Sector Could Contribute $53 Bln to Saudi GDP in 2022

The information and communication technology (ICT) sector’s contribution to the Saudi GDP reached SAR 146.9 billion ($39 billion) during the past year, with predictions it could reach SAR 200 billion ($53 billion) in 2022, a recent report revealed. Published by the Research and Information Center of the Chamber of Commerce…

Asharq Al-Awsat

Discussions to Employ Women's Capital in Saudi Investment Projects

Asharq Al-Awsat has learned that the Coordinating Council for Women’s Affairs at the Council of Saudi Chambers intends to involve businesswomen in various economic sectors, training and rehabilitation programs, initiatives and appropriate investment opportunities in the Kingdom. The Businesswomen’s Committee of the Chamber of Commerce and Industry in Riyadh held…

Asharq Al-Awsat

Saudi GDP Expected to Grow to $895 Bln in 2025

A Saudi economic indicator announced on Wednesday its estimates that the Kingdom's GDP will reach SAR 3 trillion ($895 billion) in 2025, emphasizing the balanced growth of the national economy during the last period. The index, run by the Research and Information Center at the Chamber of Commerce and Industry…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi Authorities Encourage Investors to Launch Entertainment, Tourism Projects in the Kingdom

The Saudi leadership is providing programs and initiatives that contribute to motivating investors to launch entertainment and tourism projects in the Kingdom. In comments to Asharq Al-Awsat, Musaab Al-Muhaidib, the head of the Culture and Entertainment Committee in Riyadh’s Chamber of Commerce and Industry, said Saudi Arabia’s clear and great…

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