FeaturedTelecomSaudi Arabia’s STC to phase out 3G to make way or next gen techPritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 STC plans a smooth transition of all remaining 3G customers to 4G and 5G devices before 2022... Read more
EconomyFeaturedSaudi Arabia grants 348 licences in Q12020 to foreign investorsPritam BordoloiMay 21, 2020 by Pritam BordoloiMay 21, 2020 This is a 19% increase when compared to the same quarter in 2019... Read more
FeaturedTelecomSaudi Arabia ranks 4th in terms of 5G technology usePritam BordoloiMay 11, 2020May 11, 2020 by Pritam BordoloiMay 11, 2020May 11, 2020 The Kingdom ranks 10th in terms of internet speed... Read more
EnergyFeaturedAramco to review SABIC’s price after 40% drop in its valuePritam BordoloiMay 11, 2020 by Pritam BordoloiMay 11, 2020 Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)... Read more
FeaturedOil & GasSaudi’s Public Investment Fund foresees opportunities post-pandemicInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 Earlier this month, the Public Investment Fund acquired stakes worth $1 bn in four European oil companies... Read more
EconomyFeaturedSaudi Arabia hosts digital G20 business chief meetingInternational Finance Business DeskApril 23, 2020April 23, 2020 by International Finance Business DeskApril 23, 2020April 23, 2020 The leaders discussed strategies for the post-pandemic period... Read more
EnergyFeaturedMENA needs to spend $148 bn till 2050 to fight climate changeInternational Finance Business DeskApril 21, 2020 by International Finance Business DeskApril 21, 2020 The region would create 1.51 mn jobs in the renewable sector compared to 78 mn lost in the fossil fuel sector... Read more
FeaturedOil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Aramco slashed its selling price for Asian buyers by $4.20 per barrel... Read more
FeaturedOil & GasSaudi Arabia-Russia agree to slash oil output and end the oil price warInternational Finance Business DeskApril 10, 2020 by International Finance Business DeskApril 10, 2020 The parties agreed to cut production by about 10 million barrels a day in May and June... Read more
FeaturedOil & GasTrump, US oil companies to discuss tariffs on Saudi oilInternational Finance Business DeskApril 2, 2020April 2, 2020 by International Finance Business DeskApril 2, 2020April 2, 2020 CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House... Read more