FeaturedTechnologySTC Bahrain and NEC join hands to launch virtual prepaid MastercardPritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 The new facility will allow users carry out transactions in a much faster, safer and efficient way... Read more
EconomyFeaturedSaudi Arabia grants 348 licences in Q12020 to foreign investorsPritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 This is a 19% increase when compared to the same quarter in 2019... Read more
EnergyFeaturedMiddle East is world’s second best market for clean energy investmentsInternational Finance Business DeskMay 20, 2020May 20, 2020 by International Finance Business DeskMay 20, 2020May 20, 2020 A report published by Ashurst observed that the region houses some of the largest renewable projects... Read more
FeaturedTechnologyAdnoc Distribution’s app sees 9 mn contactless transactionsPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID... Read more
AviationFeaturedQatar Airways in talks to postpone aircraft purchasePritam BordoloiMay 14, 2020 by Pritam BordoloiMay 14, 2020 The carrier is in talks with Boeing and Airbus to defer orders for several years... Read more
FeaturedFinanceAbu Dhabi’s state fund Mubadala sells $4 bn in three-tranche bondsPritam BordoloiMay 13, 2020May 13, 2020 by Pritam BordoloiMay 13, 2020May 13, 2020 The sale received more than $23.5 bn in orders... Read more
AviationFeaturedIATA: Average airfare in Middle East to jump by 50%Pritam BordoloiMay 13, 2020May 13, 2020 by Pritam BordoloiMay 13, 2020May 13, 2020 This is mainly due to the social distancing measures adopted to fight the virus... Read more
EnergyExclusiveCoronavirus pandemic to severely impact the renewable energy sectorPritam BordoloiMay 12, 2020May 12, 2020 by Pritam BordoloiMay 12, 2020May 12, 2020 China alone supplies more than 50% of solar equipment to the world... Read more
FeaturedTelecomSaudi Arabia ranks 4th in terms of 5G technology usePritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 The Kingdom ranks 10th in terms of internet speed... Read more
EnergyFeaturedAramco to review SABIC’s price after 40% drop in its valuePritam BordoloiMay 11, 2020 by Pritam BordoloiMay 11, 2020 Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)... Read more