FeaturedOil & GasSaudi urges Opec+ to cut 1.5 mn bpd as coronavirus affects oil demandBharath KumarMarch 5, 2020March 18, 2020 by Bharath KumarMarch 5, 2020March 18, 2020 the Kingdom has pushed for a larger cut compared to Goldman Sach’s recommendation of 600,000 to I mn bpd... Read more
FeaturedLogisticsDubai’s logistics startup iMile secures $10 mn funding to expand in MEPritam BordoloiMarch 3, 2020March 3, 2020 by Pritam BordoloiMarch 3, 2020March 3, 2020 The round was led by an unnamed venture capital firm active in the Chinese logistics market... Read more
BankingFeaturedSaudi Arabia reviews two new digital banking applicantsPritam BordoloiFebruary 28, 2020 by Pritam BordoloiFebruary 28, 2020 The central bank will decide based on the companies’ capital and the scale, nature, and complexity of the operations... Read more
FeaturedOil & GasCEO: No secondary listing of Aramco shares to take place for a yearPritam BordoloiFebruary 26, 2020February 26, 2020 by Pritam BordoloiFebruary 26, 2020February 26, 2020 An international listing will be discussed by Aramco, but not at this point of time... Read more
BankingFeaturedSaudi Arabia issues new digital banking guidelinesPritam BordoloiFebruary 26, 2020 by Pritam BordoloiFebruary 26, 2020 The guidelines complement SAMA’s banking licensing guidelines and minimum criteria... Read more
ExclusiveTechnologyMore Saudi CEOs consider cybersecurity risks the greatest threat to businessBharath KumarFebruary 21, 2020March 18, 2020 by Bharath KumarFebruary 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, leasingBharath KumarFebruary 20, 2020March 18, 2020 by Bharath KumarFebruary 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