EnergyFeaturedMiddle East renewable energy growth slows down in 2020: IRENAPritam BordoloiMay 12, 2021 by Pritam BordoloiMay 12, 2021 Total renewables capacity of the Middle East stood at 24,224MW in 2020... Read more
EconomyFeaturedSaudi Arabia’s economy contracts by 3.3% in Q1Pritam BordoloiMay 11, 2021 by Pritam BordoloiMay 11, 2021 The overall GDP was further affected by a 12% decline in ongoing crude oil production cuts... Read more
FeaturedInsuranceSaudi insurance sector records 2.3% growth amid the pandemic: SAMAPritam BordoloiMay 10, 2021 by Pritam BordoloiMay 10, 2021 Despite facing the difficulties of the pandemic, the insurance sector continued to perform positively while maintaining the safety of its clients... Read more
FeaturedFinanceSaudi Payments launches instant payment system ‘sarie’WebAdminApril 22, 2021 by WebAdminApril 22, 2021 It is being launched in cooperation with IBM and Mastercard... Read more
FeaturedOil & GasCrude oil from Saudi to China up by 8.8% in MarchWebAdminApril 20, 2021 by WebAdminApril 20, 2021 The rise is because of the heavy demand and the arrival of the delayed shipments due to port congestion... Read more
EconomyFeaturedSaudi Arabia’s inflation rate fell to 4.9% in MarchPritam BordoloiApril 15, 2021April 15, 2021 by Pritam BordoloiApril 15, 2021April 15, 2021 Inflation rate in February was 5.2%... Read more
FeaturedReal EstateSaudi house completion rate increases by 4.3% in 2020Pritam BordoloiApril 14, 2021 by Pritam BordoloiApril 14, 2021 Around 344,553 units were completed last year... Read more
FeaturedRenewable energySaudi energy firm Desert Technologies to finance solar projects in NigeriaPritam BordoloiApril 13, 2021 by Pritam BordoloiApril 13, 2021 Desert Technologies will provide large-scale financing to electrify villages in the sub-Saharan region... Read more
FeaturedOil & GasSaudi Aramco and EIG led consortium agree $12.4 bn pipeline dealPritam BordoloiApril 12, 2021 by Pritam BordoloiApril 12, 2021 Aramco will sell 49% stake in Aramco Oil Pipelines Company... Read more
FeaturedFinanceMENA startups raise $170 mn in the first quarterWebAdminApril 9, 2021 by WebAdminApril 9, 2021 UAE, Egypt and Saudi completed 125 deals worth $396 mn in the first quarter of 2021... Read more