FeaturedMarketsGlobal bond investors will have access to the Saudi bond marketInternational Finance Business DeskJune 8, 2021 by International Finance Business DeskJune 8, 2021 The Saudi market is priced at $2.5 tn and global bond investigators can access the market without applying for Qualified Foreign investor status... Read more
FeaturedIslamic FinanceOil behemoth Aramco begins Islamic bond saleInternational Finance Business DeskJune 8, 2021 by International Finance Business DeskJune 8, 2021 The sukuk sale, which began on June 7th, is expected to conclude on June 17th... Read more
Business LeadersFeaturedSaudi National Bank appoints new chairmanInternational Finance Business DeskJune 2, 2021 by International Finance Business DeskJune 2, 2021 The Saudi-based lender appointed Ammar Abdulwahid Alkhudairy as its chairman... Read more
FeaturedIslamic FinanceSaudi Arabia’s Alkhabeer Capital announces its second round of subscriptions for REIT fundInternational Finance Business DeskMay 31, 2021 by International Finance Business DeskMay 31, 2021 The company announced that the subscription period will be extended for 15 more working days... Read more
EconomyFeaturedSaudi Arabia’s inflation rate increases in April to 5.3%International Finance Business DeskMay 24, 2021 by International Finance Business DeskMay 24, 2021 The increase is primarily due to the rise in food and transport prices... Read more
Business LeadersFeaturedCitigroup Saudi Arabia appoints new chief executive officerInternational Finance Business DeskMay 19, 2021 by International Finance Business DeskMay 19, 2021 In his new role, Wasim will be responsible for the company’s regulated business in Saudi Arabia and overall delivery of the clients... Read more
FeaturedHealthcareUK medtech Nemaura Medicals mulls Middle East expansionInternational Finance Business DeskMay 17, 2021 by International Finance Business DeskMay 17, 2021 The sugarBEAT device comes with continuous glucose monitoring and offers a welcome respite to people suffering from diabetes who want to avoid needles... Read more
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