Saudi Arabia to become Germany in renewables: Energy minister
The Kingdom plans to replace petroleum with solar and gas...
Tag : Saudi Arabia
Containers in Saudi Ports increased by 6% y-o-y in December 2020
Ports in the Kingdom handled around 631,000 containers during the period...
The quest to lead Islamic finance
by WebAdmin
According to the IFDI index, Bahrain ranks third, while the UAE and the Kingdom of Saudi Arabia follow in fourth and fifth positions globally...
Saudi central bank calls for M&A deals in the insurance sector
Mergers and acquisitions can make sector more competitive and strengthen its financial position...
NCB to raise more funds through dollar-denominated sukuk
NCB said that the number and value of any sukuk to be offered will be determined based on market conditions...
STC fined $2.67 million by Saudi authority
According to general authority for competition (GAC), STC was fined for abusing its dominant position...
Saudi Arabia announces $263.91 bn budget for 2021
The Kingdom will spend 7% less than estimated spending for this year...
Saudi developer Roshn announces flagship Riyadh community
The community spreads across 20 mn sq meters and consist of more than 30,000 homes...
Saudi’s PIF makes second investment in Reliance
Reliance Retail will receive $1.3 billion from the sovereign fund in exchange for 2.04 percent stake...
Saudi Arabia’s NCB signs merger agreement with Samba Financial
The new entity to have combined assets worth $223 bn...