Jazeera Airways Relaunches Direct Flights to Abha
Abha is Jazeera Airways' seventh destination in Saudi Arabia, offering travelers easy access to one of the Kingdom's most scenic and culturally rich cities.
© 2000 - 2025 Al Bawaba (www.albawaba.com)
Signal PressWire is the world's largest independent Middle East PR distribution service.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wamda
4 days ago
- Wamda
Alaan raises $48 million Series A to transform spend management in MENA
UAE-based B2B fintech Alaan has raised $48 million in a Series A funding round led by Peak XV Partners (formerly Sequoia Capital India) and joined by Pioneer Fund, 885 Capital, Y Combinator, 468 Capital, and angel investors. Founded in 2022 by Parthi Duraisamy and Karun Kurien, Alaan allows businesses to manage finances through card issuing and automated date extraction and consolidation. After extending its services to Saudi earlier this year, Alaan will use the funds to expand its operations across the MENA region and enhance its product offerings. In 2023, Alaan closed a pre-Series A of $4.5 million, backed by Presight Capital, Y Combinator, and angel investors. Press release: Alaan, the Middle East's leading AI-powered spend management platform, has raised $48 million in a Series A funding round. The round was led by Peak XV Partners (formerly Sequoia Capital India & SEA), with participation from 885 Capital, Y Combinator, 468 Capital, and Pioneer Fund. Notable investors include founders of unicorn companies such as Tabby and Careem, as well as prominent regional figures like Khalid Al Ameri. Founded by former McKinsey consultants Parthi Duraisamy and Karun Kurien, Alaan addresses the unique challenges faced by finance teams in the MENA region. The platform offers a comprehensive solution for managing corporate expenses, integrating seamlessly with local banking systems and providing features like real-time expense tracking and AI-driven insights. This funding will enable Alaan to expand its operations across the MENA region, enhance its product offerings, and further solidify its position as a leader in the fintech space.
Ammon
5 days ago
- Ammon
Vinicius Junior warned Real Madrid contract stand off could ‘backfire'
Ammon News - Real Madrid and Vinicius Junior remain blocked over talks for a new deal that could keep the Brazil international at the club long-term. The main issue focuses on the demands reportedly changing on the player's end with the two parties now no longer in conversations over a possible renewal. With two years remaining on his deal, speculation has ramped up over his future, with the Los Blancos No.7 the subject of constant interest from the Saudi Pro League, with figures of a €300m transfer fee and a €1bn contract being thrown around. In February, Vinicius reportedly met with Saudi officials to hear their offer. Yet it all seemed to have settled down in March as reports emerged of he and Real Madrid agreeing terms on a new contract. Vinicius is keen to stay at Real Madrid, as per Diario AS, with the latest indicating he is not contemplating leaving the Spanish capital and his intention is to sign a new contract. Real Madrid are keen to resolve the issue, as they believe there is no player on the market like him, despite rumours of president Florentino Perez being open to an exit if he can bring in Erling Haaland. Perez will be central to what comes next and former Real Madrid defender Rafa Aklkorta warned Vinicius not to take him on. 'Trying to pressure on Florentino Perez can backfire, as it did with Sergio Ramos,' as per Diario Sport.
Jordan Times
31-07-2025
- Jordan Times
Jordan's industrial exports rise 6.3% in first 5 months of 2025
AMMAN — Jordan's industrial exports rose by 6.3 per cent in the first five months of 2025, reaching JD3.3 billion, up from JD3.1 billion during the same period last year, the Jordan Chamber of Industry (JCI) said on Thursday. This performance confirms the sector's 'resilience and growing importance' as a key driver of national economic growth, with industrial exports now accounting for 92 per cent of the country's total national exports, the Jordan News Agency, Petra, reported. In its latest report, the JCI attributed the JD302 million increase to higher demand from key markets, particularly Saudi Arabia and Iraq, which together accounted for nearly half of the total export growth. Saudi Arabia topped the list of markets contributing to growth, with a JD91.6 million increase in imports from Jordan, followed by Syria (JD72.2 million), India (JD56 million), Iraq (JD54 million), the US (JD20.9 million) and China (JD15 million). Non-traditional markets also showed 'promising' gains, where exports to Ethiopia rose by JD48 million, followed by Djibouti (JD24.4 million) and Thailand (JD14.3 million). At the sectorial level, eight sub-industries recorded export increases, led by the food, leather, and textile sectors, which together contributed 40 per cent of overall growth. The food industry alone saw a JD62 million increase, driven by rising demand from the Arab Gulf countries, Iraq, and East Africa, particularly for vegetable oils and canned goods. The chemical industry posted a JD41 million gain, boosted by exports of fertilisers, intermediate chemicals, and cosmetics. Demand for phosphate- and potash-based products continues to grow both regionally and globally. Construction-related industries added JD33 million to export totals, as demand surged from reconstruction markets like Iraq and Libya, fuelling shipments of ceramics, paints, and insulation materials. Clothing exports led in value growth, adding JD46 million, followed by nitrogen-based fertilisers (JD32 million), cement (JD28.2 million), and soap and detergents (JD21 million). Exports of sugar, cocoa, and related products also added JD37.1 million, while electrical equipment grew by JD16.2 million. 'These figures reflect the growing diversity of Jordan's industrial production base and its deeper integration into global supply chains,' the JCI said in the report. Despite the overall positive trend, several export categories saw declines. Gold and jewellery exports dropped by JD57 million, while ready-made garments fell by JD56 million. Exports of inorganic chemicals decreased by JD13.3 million, miscellaneous chemicals by JD10.2 million, raw phosphate by JD10 million, meat and derivatives by JD7 million, and copper products by JD4 million. Some markets also recorded falling demand for Jordanian goods. Exports to Switzerland declined by JD33.6 million, Palestine by JD26.5 million, Australia by JD12.1 million, Indonesia by JD11.2 million, Brazil by JD11 million, and South Korea by JD7 million. The chamber highlighted the importance of continuing to diversify export destinations and product offerings to reduce exposure to global economic fluctuations. The JCI also called for improving Jordan's logistics infrastructure, especially in air and land freight, as well as enhancing product competitiveness through innovation and quality. The chamber urged the government to support emerging sectors such as technology and green industries, and to boost cooperation with diplomatic missions and trade attachés to ease market access.
