FeaturedTechnologySaudi Arabia’s blockchain market is set to grow 41% by 2025: MinistryIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The overall tech sector in the Kingdom is expected to hit SR100 bn by 2025... Read more
FeaturedFintechSaudi Arabia-based CashIn raises $1.6 mn for business expansionIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 The funding round was led by BIM Ventures... Read more
FeaturedFinanceForeign investment in new entities jump 108% in H1 2021: Saudi Arabia MinistryIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It accounted for 55% of the total 1054 entities in 2021... Read more
FeaturedOil & GasSaudi Aramco to open up the Jafurah gas field to foreign investorsIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It is one of the largest unconventional gas fields in the world... Read more
FeaturedLogisticsSaudi logistics startup Diggipacks acquires Egypt-based FWRUNWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 The acquisition will help Diggipacks expand in Egypt... Read more
EconomyFeaturedUAE recorded $52 bn non-oil trade growth with Arab countries in H1 2021WebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 The non-oil trade between the UAE and Arab countries grew by 29%... Read more
FeaturedReal EstateSaudi cities will need 1 mn new residential units by 2030WebAdminAugust 31, 2021August 31, 2021 by WebAdminAugust 31, 2021August 31, 2021 There is a growing demand in cities like Riyadh, Jeddah and Dammam and Al Khobar... Read more
EconomyFeaturedSaudi Arabia non-oil export reached $6.2 bn in 2021WebAdminAugust 30, 2021 by WebAdminAugust 30, 2021 Compared to 2020, the exports went up by 40% in 2021... Read more
FeaturedOil & GasSaudi Arabia registers 20% drop in crude oil export in H1 2021WebAdminAugust 23, 2021August 24, 2021 by WebAdminAugust 23, 2021August 24, 2021 The output at oil refineries stood at 2.43 mn bpd during the first six months... Read more
EnergyFeaturedACWA Power announces financial close for one of the largest solar plants in the worldWebAdminAugust 16, 2021 by WebAdminAugust 16, 2021 The 500-megawatt Sudair Solar plant is located in the Sudair Industrial City... Read more