Middle East: The real estate empire
Real estate symbolises national progress and reflects a country's economic aspirations...
Tag : Saudi Arabia
Saudi Arabia accelerates digital transformation with new transport initiatives
Along with cutting fuel use in the transportation sector by 25%, the strategy also aims to reduce traffic accidents and fatalities by more than 50%...
Saudi Arabia drives MENA e-commerce growth during festive season: Report
Around 62% of online purchases in Saudi Arabia were made on mobile devices, making it the country with the highest adoption rate of mobile commerce...
Saudi Arabia insurance sector set to see more M&As: Moody’s
The GCC insurance market is still fragmented, with about 190 competing insurance companies sharing a premium of almost USD 40 billion...
Start-up of the Week: Armed with fresh funding, ‘logistics engine’ Locad now eyes Gulf expansion
With presence in Singapore, Philippines, Thailand, Malaysia, India, Australia, Indonesia and China, Locad has served more than 300 brands as of now...
China mandates banks for USD 2 billion bond issuance in Saudi Arabia
Recently, China's Ministry of Finance announced that, with State Council approval, it would issue bonds in Saudi Arabia for a maximum of USD 2 billion...
Business Leader of the Week: Tony Douglas-led Riyadh Air wants to create aviation industry’s ‘Steve Jobs Moment’
In the words of Tony Douglas, the entire trip can be booked from one place, meaning hotels, cars and experiences...
OPEC+ agrees to delay December 2024 output hike for one month
Due to a combination of rising supplies, weak demand, and declining prices, OPEC+ had already postponed the increase from October 2024...
Oil slumps 17% in Q3 as Middle East conflict offset by slowing demand
The world's second-biggest economy and top oil importer, China, announced fiscal stimulus measures recently, but the impact on oil prices was muted...
Petrol price 40% cheaper in Nigeria than Saudi Arabia doesn’t make sense: Aliko Dangote
Noting that all other nations have done away with fuel subsidies, Aliko Dangote clarified that the Nigerian government could no longer afford the burden of subsidies...