STC fined $2.67 million by Saudi authority
According to general authority for competition (GAC), STC was fined for abusing its dominant position...
Tag : Saudi Arabia
Saudi Arabia announces $263.91 bn budget for 2021
The Kingdom will spend 7% less than estimated spending for this year...
Saudi developer Roshn announces flagship Riyadh community
The community spreads across 20 mn sq meters and consist of more than 30,000 homes...
Saudi’s PIF makes second investment in Reliance
Reliance Retail will receive $1.3 billion from the sovereign fund in exchange for 2.04 percent stake...
Saudi Arabia’s NCB signs merger agreement with Samba Financial
The new entity to have combined assets worth $223 bn...
Saudi Arabia pumped 8.974 mn barrels of oil per day in September
The Kingdom exported 6.1 mn barrels a day during September...
Fintech Saudi launches accelerator programme to support the industry
The programme is being launched in partnership with Flat6Labs...
Saudi Arabia restricts flights to India, Brazil as Covid-19 cases rise
The restrictions are effective from September 24...
Saudi Arabia to hold 24% of MENA pharmaceutical market by 2023
The Kingdom is expected to contribute $10.7 bn to the market...
Saudi Arabia’s oil exports decline 62% in the second quarter
Oil exports amounted to $19.9 billion in Q2...