ExclusiveTechnologyMore Saudi CEOs consider cybersecurity risks the greatest threat to businessInternational FinanceFebruary 21, 2020March 18, 2020 by International FinanceFebruary 21, 2020March 18, 2020 Six out of 10 CEOs in the Kingdom feel they are now prepared for a cyberattack in the future... Read more
FeaturedLogisticsBudget Saudi Arabia redefines reliability and customer experience in vehicle renting, leasingInternational FinanceFebruary 20, 2020March 18, 2020 by International FinanceFebruary 20, 2020March 18, 2020 Over four decades, Budget Saudi Arabia has ensured efficient customer service and a commitment to promptly delivering promises without compromising on quality... Read more
EnergyFeatured2025: Saudi Arabia to invest $30 bn in renewable energyPritam BordoloiFebruary 19, 2020 by Pritam BordoloiFebruary 19, 2020 The investment is also expected to create additional jobs and boost local manufacturing... Read more
FeaturedLogisticsSaudi Arabian Logistics expands cargo facility at Dammam airportPritam BordoloiFebruary 13, 2020 by Pritam BordoloiFebruary 13, 2020 The 37,800 square metre air cargo facility is located at King Fahad International Airport, Dammam... Read more
BankingFeaturedDeposits in Saudi Arabian banks increase by 7.3% in 2019Pritam BordoloiFebruary 4, 2020February 4, 2020 by Pritam BordoloiFebruary 4, 2020February 4, 2020 Savings and term deposits increase by 13.2% year-on-year in 2019 to SR 501.67 bn... Read more
FeaturedTelecomSaudi Telecom to buy 55% stake in Vodafone’s Egypt unitPritam BordoloiJanuary 30, 2020 by Pritam BordoloiJanuary 30, 2020 The Saudi Telecom deal for Vodafone Egypt is expected to cost around $2.4 bn... Read more
EconomyFeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more
EconomyFeaturedSaudi Arabia to pump Aramco IPO proceeds into its economyPritam BordoloiJanuary 22, 2020January 22, 2020 by Pritam BordoloiJanuary 22, 2020January 22, 2020 Around $30 bn will be invested in different sectors over the years including defence... Read more
EnergyFeaturedAdnoc, Eni to tap into new opportunities in oil and gas sectorInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 They will explore opportunities in carbon capture utilisation and storage as well as research and development... Read more
FeaturedOil & GasIEA says no impact on oil market despite US-Iran rowInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Oil prices have fallen after leaping $4 per barrel... Read more