BUSINESS | Starbucks Recoups Nearly Two-Thirds Of Comparable U.S. Sales As Stores Reopen

BUCHAREST | ROMANIA –  Starbucks Corp said on Thursday it had regained nearly two – thirds of its comparable U.S. store sales from the prior year, as it reopened stores and modified operations due to the coronavirus – related restrictions.

The coffee-chain said it was tracking slightly above its expected as it opened large number of outlets in the United States in the second weeks of May.

The company had said it expects to reopen nearly 90% of stores in June. Still, it warned on  Thursday it would take time to fully recover and post positive comparable store sales growth.


Saudi Crown Prince Begins Official State Visit To Oman As Part Of Gulf Tour

The official reception ceremony for Saudi Arabia’s Crown Prince Mohammed bin Salman began at Oman’s royal palace in Muscat, his first stop as part of his tour of several Gulf states. Oman’s Sultan Haitham bin Tariq escorted Saudi Crown Prince Mohammed bin Salman to the stage of honor where the Saudi royal anthem was played, … More Saudi Crown Prince Begins Official State Visit To Oman As Part Of Gulf Tour

Dubai’s Sheikh Mohammed Meets Saudi Foreign Minister At Expo 2020 Dubai

DUBAI – Dubai’s ruler Sheikh Mohammed bin Rashid met with Saudi Foreign Minister Prince Faisal bin Farhan at Expo 2020 Dubai on Monday. During the meeting, Sheikh Mohammed received a letter from Saudi Arabia’s king Salman on ways to strengthen bilateral relations between the two GCC countries, according to a statement from Dubai Media Office. … More Dubai’s Sheikh Mohammed Meets Saudi Foreign Minister At Expo 2020 Dubai

Saudi – Owned Kentucky Derby Winner Medina Spirit Dies Of Heart Attack

PARIS, France – The Kentucky Derby – winning horse Medina Spirit, owned by Saudi businessman Amr Zedan, died of a heart attack on Monday after a workout, a lawyer for the horse’s trainer said. Medina Spirit clinched a surprise win at the Kentucky Derby in May, bringing trainer Bob Baffert a record seventh win in … More Saudi – Owned Kentucky Derby Winner Medina Spirit Dies Of Heart Attack

Starting January 2022, UAE’s Weekends Will Be On Saturday And Sunday

According to brand new reports, the United Arab Emirates will move its weekend from Friday and Saturday to Saturday and Sunday from January 1, 2022. The reasoning behind the switch is to help the UAE align its systems with those of international business communities around the globe. However, the new work calendar will also keep … More Starting January 2022, UAE’s Weekends Will Be On Saturday And Sunday

Saudi Arabia’s Crown Prince Arrives In Oman To Start Gulf Tour

OMAN – Saudi Arabia’s Crown Prince Mohammed bin Salman arrived in Oman where he will will embark on a tour of neighboring Gulf states starting Monday. Saudi Arabia and Oman also signed 13 Memoranda of Understanding  (MoUs) for joint work on specific projects within economic sectors through several companies owned by the Oman Investment Authority … More Saudi Arabia’s Crown Prince Arrives In Oman To Start Gulf Tour

Omani, Saudi Companies Sign $10 Bln MoUs Ahead Of Crown Prince’s Visit

OMAN – Omani and Saudi firms signed 13 memoranda of understanding (MoU) potentially valued at more than $10 billion, Omani official media reported on Monday, as Saudi Crown prince Mohammed bin Salman sets off on a Gulf tour. Oman’s state energy company OQ signed an MoU with petrochemicals firm Saudi Basic Industries Corp (SABIC) on … More Omani, Saudi Companies Sign $10 Bln MoUs Ahead Of Crown Prince’s Visit

Saudi Crown Prince Will Start Tour Of Gulf Region On Monday – Al Arabiya

DUBAI – Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman will start a tour of Gulf Arab states on Monday ahead of an annual Gulf Summit this month that comes amid crucial talks aimed at salvaging a nuclear pact between Iran and the West. Prince Mohammed will visit Oman, the United Arab Emirates, … More Saudi Crown Prince Will Start Tour Of Gulf Region On Monday – Al Arabiya

COVID-19 Booster Dose Will Be Required To Maintain Fully Vaccinated Status In Saudi Arabia

PARIS, France – People in Saudi Arabia will be required to receive a booster dose of COVID-19 vaccine eight months after getting double – jabbed to maintain their vaccinated status. As of February 1, 2022, adults aged 18 and above will need to have a booster dose in order to keep their fully vaccinated status on … More COVID-19 Booster Dose Will Be Required To Maintain Fully Vaccinated Status In Saudi Arabia

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