FeaturedReal EstateSaudi cities will need 1 mn new residential units by 2030WebAdminAugust 31, 2021August 31, 2021 by WebAdminAugust 31, 2021August 31, 2021 There is a growing demand in cities like Riyadh, Jeddah and Dammam and Al Khobar... Read more
EconomyFeaturedSaudi Arabia non-oil export reached $6.2 bn in 2021WebAdminAugust 30, 2021 by WebAdminAugust 30, 2021 Compared to 2020, the exports went up by 40% in 2021... Read more
EnergyFeaturedPowerChina to build its first solar power plants in IraqWebAdminAugust 27, 2021 by WebAdminAugust 27, 2021 The company signed an agreement with Iraq’s Ministry of Electricity... Read more
EconomyFeaturedIFC invests $10.4 bn in the private sector of MENAWebAdminAugust 25, 2021 by WebAdminAugust 25, 2021 The funds will help thousands of small businesses gain access to finances, trading, and partnership... Read more
FeaturedReal EstateDubai records 283 sales transactions worth Dh580.54 mn in a single dayWebAdminAugust 19, 2021 by WebAdminAugust 19, 2021 The massive sale consisted of 194 units, 31 buildings, and 58 land plots and the mortgages included 20 units, 5 buildings and 23 land plots... Read more
FeaturedOil & GasFujairah Oil Terminal secures $280 mn from Prostar CapitalWebAdminAugust 18, 2021August 18, 2021 by WebAdminAugust 18, 2021August 18, 2021 The latest funds will replace the existing senior debt along with creating a connection terminal to the Very Large Crude Carrier (VLCC)... Read more
EnergyFeaturedACWA Power announces financial close for one of the largest solar plants in the worldWebAdminAugust 16, 2021 by WebAdminAugust 16, 2021 The 500-megawatt Sudair Solar plant is located in the Sudair Industrial City... Read more
FeaturedPorts and ShippingOman’s largest port handles 2.1 mn containers during H1 2021WebAdminAugust 9, 2021 by WebAdminAugust 9, 2021 The Port of Salalah also handled 8.8 mn general cargo goods during the same period... Read more
FeaturedTechnologySaudi Arabia-based AI startup Intelmatix raises funds from STV, Sultan HoldingsWebAdminAugust 4, 2021 by WebAdminAugust 4, 2021 The financial details of the round were not disclosed... Read more
FeaturedReal EstateSaudi Arabia’s real estate price index rises by 0.4% in Q2 2021WebAdminAugust 2, 2021 by WebAdminAugust 2, 2021 The Kingdom also records a 0.8% increase in the residential real estate prices... Read more