Business LeadersFeaturedSaudi National Bank appoints new chairmanWebAdminJune 2, 2021 by WebAdminJune 2, 2021 The Saudi-based lender appointed Ammar Abdulwahid Alkhudairy as its chairman... Read more
FeaturedIslamic FinanceSaudi Arabia’s Alkhabeer Capital announces its second round of subscriptions for REIT fundWebAdminMay 31, 2021 by WebAdminMay 31, 2021 The company announced that the subscription period will be extended for 15 more working days... Read more
EconomyFeaturedSaudi Arabia’s inflation rate increases in April to 5.3%WebAdminMay 24, 2021 by WebAdminMay 24, 2021 The increase is primarily due to the rise in food and transport prices... Read more
Business LeadersFeaturedCitigroup Saudi Arabia appoints new chief executive officerWebAdminMay 19, 2021 by WebAdminMay 19, 2021 In his new role, Wasim will be responsible for the company’s regulated business in Saudi Arabia and overall delivery of the clients... Read more
FeaturedHealthcareUK medtech Nemaura Medicals mulls Middle East expansionWebAdminMay 17, 2021 by WebAdminMay 17, 2021 The sugarBEAT device comes with continuous glucose monitoring and offers a welcome respite to people suffering from diabetes who want to avoid needles... Read more
EnergyFeaturedMiddle East renewable energy growth slows down in 2020: IRENAPritam BordoloiMay 12, 2021 by Pritam BordoloiMay 12, 2021 Total renewables capacity of the Middle East stood at 24,224MW in 2020... Read more
EconomyFeaturedSaudi Arabia’s economy contracts by 3.3% in Q1Pritam BordoloiMay 11, 2021 by Pritam BordoloiMay 11, 2021 The overall GDP was further affected by a 12% decline in ongoing crude oil production cuts... Read more
FeaturedInsuranceSaudi insurance sector records 2.3% growth amid the pandemic: SAMAPritam BordoloiMay 10, 2021 by Pritam BordoloiMay 10, 2021 Despite facing the difficulties of the pandemic, the insurance sector continued to perform positively while maintaining the safety of its clients... Read more
FeaturedFinanceSaudi Payments launches instant payment system ‘sarie’WebAdminApril 22, 2021 by WebAdminApril 22, 2021 It is being launched in cooperation with IBM and Mastercard... Read more
FeaturedOil & GasCrude oil from Saudi to China up by 8.8% in MarchWebAdminApril 20, 2021 by WebAdminApril 20, 2021 The rise is because of the heavy demand and the arrival of the delayed shipments due to port congestion... Read more