News zum Sektor Handel aus Saudi-Arabien

 

This week, Saudi Arabia's Crown Prince Mohammed bin Salman promises to bring as much as $1 trillion in investment to the US as Saudi Arabia tries to pivot from oil towards becoming a global technology and investment player. And, from small-town Michigan to the headquarters of Walmart, we reveal how philanthropy, volunteering and community ties power America's hidden generosity. Plus, what's driving the US's power grid strain? Later, McLaren's Zak Brown reveals what it really takes to build a winning culture and why great leaders never get comfortable at the top. (Source: Bloomberg)...

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Asian migrant laborers who paid predatory recruiting fees say global mega-corporation has not kept its promise to pay them restitutionWarehouse laborers from Asia say the world's second largest employer, Amazon, has failed to live up to its promises to compensate them for financial abuses tied to their work for the online retailer in Saudi Arabia.In 2023, Amazon promised to reimburse recruitment fees to its contract workers from Asia who had been forced to pay large sums to secure jobs at the company's warehouses in Saudi Arabia. Since then, Amazon has paid more than $2.6m in compensation to roughly 950 workers from multiple countries. Continue reading......

An equity gauge for emerging markets extended gains as Saudi stocks rallied on plans to relax the kingdom's foreign ownership rules and Alibaba Group Holding Ltd.'s jumped after ramping up its AI spending....

Chinese e-commerce giant JD.com is extending its deep-seated rivalry with Meituan to Saudi Arabia, launching a self-operated courier service in the country as it extends its footprint in the Middle East. On Wednesday, JD.com's logistics arm JD Logistics announced the launch of JoyExpress, a business-to-consumer express delivery service that covers most of the 13 provinces in the Middle Eastern country, according to a statement. JoyExpress provides expedited same-day and next-day delivery......

Scale AI, a startup backed by Amazon.com Inc. that helps companies develop artificial intelligence products, plans to open an office in Saudi Arabia by the end of the year in a broader regional expansion....