FeatureOil & GasSaudi Arabia pumped 8.974 mn barrels of oil per day in SeptemberPritam BordoloiOctober 5, 2020 by Pritam BordoloiOctober 5, 2020 The Kingdom exported 6.1 mn barrels a day during September... Read more
FeaturedFintechFintech Saudi launches accelerator programme to support the industryPritam BordoloiOctober 5, 2020 by Pritam BordoloiOctober 5, 2020 The programme is being launched in partnership with Flat6Labs... Read more
AviationFeaturedSaudi Arabia restricts flights to India, Brazil as Covid-19 cases risePritam BordoloiSeptember 24, 2020 by Pritam BordoloiSeptember 24, 2020 The restrictions are effective from September 24... Read more
FeaturedHealthcareSaudi Arabia to hold 24% of MENA pharmaceutical market by 2023Pritam BordoloiSeptember 22, 2020 by Pritam BordoloiSeptember 22, 2020 The Kingdom is expected to contribute $10.7 bn to the market... Read more
FeatureOil & GasSaudi Arabia’s oil exports decline 62% in the second quarterPritam BordoloiSeptember 21, 2020 by Pritam BordoloiSeptember 21, 2020 Oil exports amounted to $19.9 billion in Q2... Read more
TelecomSTC says no agreement with Vodafone to acquire its unit in EgyptPritam BordoloiSeptember 14, 2020 by Pritam BordoloiSeptember 14, 2020 STC earlier signed a MoU to acquire a 55% stake in Vodafone Egypt... Read more
TechnologySaudi Arabia considers introducing blockchain business passportsPritam BordoloiSeptember 11, 2020September 11, 2020 by Pritam BordoloiSeptember 11, 2020September 11, 2020 It will help the kingdom boost trade finance and cross-border trade... Read more
Banking and FinanceFeaturedTabadul to streamline bank guarantee process through WthaqInternational Finance Business DeskSeptember 10, 2020 by International Finance Business DeskSeptember 10, 2020 Wthaq is in line with the Saudi Vision 2030’s digital transformation programme and seeks to improve efficiency of transactions... Read more
EconomySaudi Arabia’s GDP fell by 13% year-on-year during Q2Pritam BordoloiSeptember 8, 2020 by Pritam BordoloiSeptember 8, 2020 The Saudi economy contracted by 1% in Q1... Read more
EnergyAramco delays mega petro projects to save cash and preserve dividendsPritam BordoloiSeptember 3, 2020 by Pritam BordoloiSeptember 3, 2020 Reportedly, Aramco is putting its plan to construct a $20 billion crude-to-chemicals plant at Yanbu on hold... Read more