FeaturedTelecomSaudi Arabia’s Public Investment Fund to invest $1.5 bn in Jio PlatformsPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020 PIF will acquire a 2.32% stake in Jio... Read more
FeaturedTechnologySaudi Arabia uses blockchain to transfer funds into local banksPritam BordoloiJune 11, 2020 by Pritam BordoloiJune 11, 2020 The move was a part of the Saudi central bank’s plan to explore latest technological innovation... Read more
FeaturedHealthcareSaudi STC launches digital initiatives to fight Covid-19Pritam BordoloiJune 3, 2020 by Pritam BordoloiJune 3, 2020 The initiatives are in line with the precautionary measures taken to reduce the spread of the virus in the Kingdom... Read more
EconomyFeaturedGCC nations to face the worst economic crisis in history, warns IIFPritam BordoloiJune 2, 2020 by Pritam BordoloiJune 2, 2020 GDP of GCC nations to contract 4.4% this year... Read more
FeaturedTelecomVirgin Mobile appoints Saudi CEO, aims for market growthPritam BordoloiJune 2, 2020 by Pritam BordoloiJune 2, 2020 Virgin Mobile appointed Eng. Yaarob Al Sayegh as the company’s first Saudi CEO... Read more
FeaturedTelecomSaudi Arabia’s STC to phase out 3G to make way or next gen techPritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 STC plans a smooth transition of all remaining 3G customers to 4G and 5G devices before 2022... Read more
EconomyFeaturedSaudi Arabia grants 348 licences in Q12020 to foreign investorsPritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 This is a 19% increase when compared to the same quarter in 2019... Read more
FeaturedTelecomSaudi Arabia ranks 4th in terms of 5G technology usePritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 The Kingdom ranks 10th in terms of internet speed... Read more
EnergyFeaturedAramco to review SABIC’s price after 40% drop in its valuePritam BordoloiMay 11, 2020 by Pritam BordoloiMay 11, 2020 Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)... Read more
FeaturedOil & GasSaudi’s Public Investment Fund foresees opportunities post-pandemicInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 Earlier this month, the Public Investment Fund acquired stakes worth $1 bn in four European oil companies... Read more