Aramco to reorganise downstream business to support its global growth
Aramco will expand its downstream business globally...
Tag : Saudi Arabia
Global oil demand will soar by a record 7 bpd in 2021:OPEC
Oil prices in 2020 have collapsed due to an oil price war and the coronavirus pandemic...
Saudi Arabia to produce world’s lowest-cost electricity
The kingdom will soon develop a solar project that will produce electricity at the lowest cost per kilowatt...
DP World to launch new shipping line in partnership with Marwani
The shipping line will connect the Port of Jebel Ali in Dubai with Egypt’s Port of Sokhna...
82% of MidEast banking customers are open to fintech solutions: Study
The study found that of the 18% unwilling to use fintech, 40% cited security and privacy as their biggest concerns...
Saudi Arabia’s Public Investment Fund to invest $1.5 bn in Jio Platforms
PIF will acquire a 2.32% stake in Jio...
Saudi Arabia uses blockchain to transfer funds into local banks
The move was a part of the Saudi central bank’s plan to explore latest technological innovation...
Saudi STC launches digital initiatives to fight Covid-19
The initiatives are in line with the precautionary measures taken to reduce the spread of the virus in the Kingdom...
GCC nations to face the worst economic crisis in history, warns IIF
GDP of GCC nations to contract 4.4% this year...
Virgin Mobile appoints Saudi CEO, aims for market growth
Virgin Mobile appointed Eng. Yaarob Al Sayegh as the company’s first Saudi CEO...