Oil & GasAramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more
TelecomZain launches MENA’s first 5G roaming servicesPritam BordoloiNovember 26, 2019 by Pritam BordoloiNovember 26, 2019 The 5G roaming services are now available in Kuwait and Saudi Arabia... Read more
Oil & GasSaudi Aramco lures investors in Dubai for IPOPritam BordoloiNovember 25, 2019January 24, 2020 by Pritam BordoloiNovember 25, 2019January 24, 2020 The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia... Read more
EnergyGCC: Solar projects to create 200,000 jobs by 2030Pritam BordoloiNovember 20, 2019 by Pritam BordoloiNovember 20, 2019 GCC nations will generate 40GW of energy through solar projects by 2030... Read more
AviationPIA-Etihad codeshare improves UAE-Pakistan route accessPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 The first codeshare flight between Etihad and Pakistan International Airlines will fly on November 26... Read more
Real EstateDar Al Arkan lists $600 mn sukuk on Nasdaq DubaiPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 The sukuk, which has a coupon rate of 6.75%, was oversubscribed by more than two-fold... Read more
Oil & GasAramc to sell 0.5% shares to individual investorsPritam BordoloiNovember 11, 2019 by Pritam BordoloiNovember 11, 2019 The Saudi government will have a lock-in period of a year on further share sales after the IPO... Read more
Oil & GasSaudi Aramco aims for $ 1.6 tn to $1.8 tn valuation at IPOSamuel AbrahamNovember 4, 2019 by Samuel AbrahamNovember 4, 2019 Aramco made a net income of $111 billion in 2018, making it the most profitable of any global corporations... Read more
HealthcareMagazineNovember- December 2019 IssueSaudi Arabia: Private providers should fill 21st century healthcare gapsBharath KumarNovember 4, 2019December 3, 2019 by Bharath KumarNovember 4, 2019December 3, 2019 KPMG’ s head of health for the Saudi Levant cluster says that the rising female workforce will boost Saudisation in healthcare... Read more
AviationEtihad and Saudia announce 12 new codeshare routesPritam BordoloiOctober 23, 2019 by Pritam BordoloiOctober 23, 2019 The carriers announced 12 new codeshare routes to major destinations in Asia and Europe... Read more