Tag: Canada

Arab Potash Corp

Canada’s PotashCorp Looks to Sell Stake in Jordan’s APC

Canadian PotashCorp is looking for a buyer of its shares in Arab Potash Company (APC), which it is forced to sell as part of a merger agreement, said the company’s President and CEO Brent Heimann. Last year, Potash Corp and…

Amazon buys Whole Foods

Venture Explains: Why did Amazon buy Whole Foods?

What’s happened? Internet retail giant Amazon has just agreed to buy high-end grocer Whole Foods for $13.7 billion. What’s the motivation behind the deal? Even though it built its name in e-commerce, Amazon has recently been experimenting with brick-and-mortar stores,…

Donors Happy with Municipality Aid Package

International contributors to a $53 million aid program designed to maintain public services in communities hosting Syrian refugees around the Kingdom say they’re pleased with its results a year since its launch. “We’re very happy that the project is actually…

Venture Explains: Canada’s Bill C-24

Becoming a Canadian citizen just got much tougher. What is it? Canadian lawmakers recently passed Bill C-24, or the Strengthening Canadian Citizenship Act. The controversial piece of legislation is designed to harden the rules around becoming a fully-fledged Canadian. For…