STC Bahrain and NEC join hands to launch virtual prepaid Mastercard
The new facility will allow users carry out transactions in a much faster, safer and efficient way...
Tag : Middle East
Saudi Arabia grants 348 licences in Q12020 to foreign investors
This is a 19% increase when compared to the same quarter in 2019...
Middle East is world’s second best market for clean energy investments
A report published by Ashurst observed that the region houses some of the largest renewable projects...
Adnoc Distribution’s app sees 9 mn contactless transactions
Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID...
Qatar Airways in talks to postpone aircraft purchase
The carrier is in talks with Boeing and Airbus to defer orders for several years...
Abu Dhabi’s state fund Mubadala sells $4 bn in three-tranche bonds
The sale received more than $23.5 bn in orders...
IATA: Average airfare in Middle East to jump by 50%
This is mainly due to the social distancing measures adopted to fight the virus...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...
Saudi Arabia ranks 4th in terms of 5G technology use
The Kingdom ranks 10th in terms of internet speed...
Aramco to review SABIC’s price after 40% drop in its value
Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...