Saudi Arabia’s economy shrank by 3.8% in Q4 2020
According to preliminary estimates, the Kingdom’s economy contracted by 4.1% last year...
Tag : Middle East
Irish fintech Global Shares sets up ME headquarter in Riyadh
The fintech has also partnered with NCB Capital, the investment arm of the National Commercial Bank...
Dubai real estate records 51,414 sales transactions in 2020
by WebAdmin
During the period, Dubai attracted 31,648 new investors and investments worth over Dh73.2 bn...
Saudi Arabia to become Germany in renewables: Energy minister
The Kingdom plans to replace petroleum with solar and gas...
Batelco and Wanclouds join hands to deliver multi-cloud migration solutions
The solution is particularly well suited in meeting the needs of medium and large enterprise customers...
Dubai property market shows sign of recovery in second half of 2020
Sales and rental markets in the UAE have shown a high level of tenacity...
HSBC issues green finance facility for UAE-based Lamprell
Around $48 mn has been raised which will be used on the Seagreen offshore wind farm project...
Containers in Saudi Ports increased by 6% y-o-y in December 2020
Ports in the Kingdom handled around 631,000 containers during the period...
The quest to lead Islamic finance
by WebAdmin
According to the IFDI index, Bahrain ranks third, while the UAE and the Kingdom of Saudi Arabia follow in fourth and fifth positions globally...
Etisalat, du raise foreign ownership caps to 49%
Previously, foreign ownership was capped a 20%...