World News

NORMA Group Q1 2025 Earnings Slide Amid Global Headwinds NORMA Group recorded Group sales of EUR 284.2 million in the first quarter of 2025, reflecting a 7.9% decline compared to…

Biocon Secures FDA and EU Approvals for YESINTEK Distribution Clinical studies showed that Yesintek is a biosimilar to Stelara and has similar pharmacokinetic, safety, efficacy and immunogenicity profile compared with…

Big Move in Reusables: IPL and Schoeller Allibert Join Forces The rigid-plastic product producer IPL and the reusable transport packaging firm Schoeller Allibert announced their merger. With 27 manufacturing facilities…

2025 Trade Dynamics: Will Tariffs Reshape Global Food Markets? Tariffs are increasing. The markets are getting tighter. Also, food firms around the world are being compelled to change. In this…

OOMCO and ‘I’m Hungry’ to Offer Enhanced Dining Experiences Across Saudi Arabia In an effort to improve customer service and broaden the range of products offered in the Kingdom of…

Northern Gas Networks Teams Up with NORMA Group for High-Performance Fittings Northern Gas Networks, a British infrastructure firm, is getting help from NORMA Group to update its gas distribution network…

Saudi Arabia Vows To Be ‘Fast And Furious’ In Mining As It Reveals $100 Billion Investment Saudi Arabia is pushing ahead to put itself on the global critical minerals map,…

Kuwaiti KUFPEC Expects Production in Norwegian Eirin Field to Start in 2025 The Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced that its affiliate unit, “KUFPEC Norway AS”, has presented a…

Oman’s Capital Market Authority Approves OQ Gas Network’s Prospectus Oman’s Capital Market Authority (CMA) announced on Sunday the approval of the prospectus of OQ Gas Networks (OQGN), one of the…

Saudi Arabia: Foreign Companies Influx Raises Office Rental Prices The influx of foreign companies to the Saudi local market, along with several other factors, has led to an increase in…