Saudi Arabia
Saudi Arabia to invest €6 billion in massive theme park complex near Paris
Saudi Arabia will spend €6 billion to build a massive entertainment complex featuring three theme parks near Paris, French President Emmanuel Macron announced.
The Starbucks chain announced that it has begun laying off workers at its branches in the Middle East, after the brand found itself a target for pro-Palestinian activists since the start of the war in Gaza.
Starbucks branches throughout the area belong to the Kuwaiti Alshaya Group © Mena Today
The Starbucks chain announced that it has begun laying off workers at its branches in the Middle East, after the brand found itself a target for pro-Palestinian activists since the start of the war in Gaza.
Starbucks branches throughout the area belong to the Kuwaiti Alshaya Group, a private family company that holds franchises for a variety of Western companies, including H&M and Shake Shack.
"As a result of the continuously challenging trading conditions over the past six months, we have made the sad and very difficult decision to reduce the number of employees at our Starbucks stores," Alshaya said in a statement.
The company declined to answer questions about the number of laid-off workers, but according to Reuters it is more than 2,000 out of about 19,000, most of whom are foreign workers from Asian countries.
Saudi Arabia will spend €6 billion to build a massive entertainment complex featuring three theme parks near Paris, French President Emmanuel Macron announced.
These days, the alarm that goes off isn't always the one warning of an incoming missile. Israel is watching some of its most valuable citizens walk away, and the numbers tell a troubling story.
The United Arab Emirates' decision to suspend all financial and economic transactions with Iran until further notice, citing a military escalation by Tehran with a missile threat, has refocused the spotlight on fraught ties between the major Gulf Arab oil producer and Iran.
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