Aramco to go ahead with plans to boost output capacity to 13 mn bpd: CEO
Aramco will go ahead with the plan despite a significant cut in capital expenditure...
Tag : Saudi Arabia
SABIC to develop world’s first renewable energy powered chemical plant
The plant will be built in Cartegena, Spain...
Saudi Payments partners with Japan’s JCB to enable the JCB payment
The partnership will enable local banks to accept JCB cards through their network of point-of-sale terminals...
What the pandemic means for Saudi banks
by WebAdmin
SAMA has injected $13.3 billion capital into the banking industry in the wake of economic challenges...
Gulf economies contracting in 2020 to recover in 2021
Analysts see a deep economic contraction in the hydrocarbon-producing region this year...
Aramco to reorganise downstream business to support its global growth
Aramco will expand its downstream business globally...
Global oil demand will soar by a record 7 bpd in 2021:OPEC
Oil prices in 2020 have collapsed due to an oil price war and the coronavirus pandemic...
Saudi Arabia to produce world’s lowest-cost electricity
The kingdom will soon develop a solar project that will produce electricity at the lowest cost per kilowatt...
DP World to launch new shipping line in partnership with Marwani
The shipping line will connect the Port of Jebel Ali in Dubai with Egypt’s Port of Sokhna...
82% of MidEast banking customers are open to fintech solutions: Study
The study found that of the 18% unwilling to use fintech, 40% cited security and privacy as their biggest concerns...