FeaturedTechnologySaudi Arabia’s blockchain market is set to grow 41% by 2025: MinistryIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The overall tech sector in the Kingdom is expected to hit SR100 bn by 2025... Read more
FeaturedIslamic BankingNational Bank of Fujairah launches electronic trading platform NBFXIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 NBFX is available for both conventional and Shariah-compliant banking customers... Read more
FeaturedOil & GasSaudi Aramco to open up the Jafurah gas field to foreign investorsIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It is one of the largest unconventional gas fields in the world... Read more
BankingFeaturedTreasury Department a major contributor to Ahli United Bank Kuwait’s profitabilityInternational Finance Business DeskSeptember 6, 2021September 6, 2021 by International Finance Business DeskSeptember 6, 2021September 6, 2021 Digital platforms and automation of processes were the main focus in Treasury from front to back and end-user... Read more
EnergyFeaturedTotal agrees $27 bn deal to develop four energy projects in IraqInternational Finance Business DeskSeptember 6, 2021 by International Finance Business DeskSeptember 6, 2021 Iraqi oil minister Ihsan Abdul Jabbar said Total will invest $3 bn in the first phase... Read more
FeaturedPorts and ShippingSohar Port in Oman to introduce bunkering servicesInternational Finance Business DeskSeptember 2, 2021 by International Finance Business DeskSeptember 2, 2021 Sohar Port and Freezone signed an agreement with Hormuz Marine... Read more
FeaturedOil & GasOil prices dip as OPEC+ agrees to gradual output hikesInternational Finance Business DeskSeptember 2, 2021 by International Finance Business DeskSeptember 2, 2021 Brent crude was down by 0.2%, at $71.43 a barrel on Thursday... Read more
FeaturedReal EstateSaudi cities will need 1 mn new residential units by 2030International Finance Business DeskAugust 31, 2021August 31, 2021 by International Finance Business DeskAugust 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 2021International Finance Business DeskAugust 30, 2021 by International Finance Business DeskAugust 30, 2021 Compared to 2020, the exports went up by 40% in 2021... Read more
EnergyFeaturedPowerChina to build its first solar power plants in IraqInternational Finance Business DeskAugust 27, 2021 by International Finance Business DeskAugust 27, 2021 The company signed an agreement with Iraq’s Ministry of Electricity... Read more