STC says no agreement with Vodafone to acquire its unit in Egypt
STC earlier signed a MoU to acquire a 55% stake in Vodafone Egypt...
Tag : Saudi Arabia
Saudi Arabia considers introducing blockchain business passports
It will help the kingdom boost trade finance and cross-border trade...
Tabadul to streamline bank guarantee process through Wthaq
Wthaq is in line with the Saudi Vision 2030’s digital transformation programme and seeks to improve efficiency of transactions...
Saudi Arabia’s GDP fell by 13% year-on-year during Q2
The Saudi economy contracted by 1% in Q1...
Aramco delays mega petro projects to save cash and preserve dividends
Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold...
Saudi Electricity signs $2.4 bn financing agreement with 7 major banks
The seven banks include the National Commercial Bank, Bank Albilad and Al-Rajhi Bank...
Aramco discovers two new oil fields in northern parts of the kingdom
The oil fields have been discovered in Northern region of Abraq Al Toloul and Al Jof...
Number of fintechs in Saudi Arabia grew by 147% in the last two years: Reports
The number of smartphone payment transactions grew by 352% year-on-year to April 2020...
Arab oil exporting country’s economies to shrink by 4.75% in 2020
The diversified economies in the region to shrink by 2%...
Zain KSA expands 5G coverage to 35 Saudi cities
Zain has launched 5G in cities such as Duwadimi, Hawtat Bani Tamim, Hayathim, Muzahimiyah, and Quwayiyah...