Featured TechnologySaudi Arabia’s Batic acquires a stake in Smart Cities SolutionsIFM CorrespondentJanuary 14, 2022 by IFM CorrespondentJanuary 14, 2022 Batic inked an agreement for $.32 mn and acquired 4% stake in Smart Cities Solutions... Read more
Featured FintechPaving its way to a cashless economyWebAdminJanuary 13, 2022 by WebAdminJanuary 13, 2022 Geida was the first fintech in the Kingdom to get an acquiring license... Read more
Energy FeaturedACWA Power beginning the first phase of the Noor energy projectIFM CorrespondentJanuary 11, 2022 by IFM CorrespondentJanuary 11, 2022 The project is in line with Dubai’s clean energy strategy 2050 and aims to boost Dubai’s clean energy share to 25% by 2030... Read more
Economy FeaturedSaudi Arabia postpones the unveiling of its Riyadh 2030 strategyIFM CorrespondentDecember 28, 2021 by IFM CorrespondentDecember 28, 2021 Saudi Arabia is investing $220 bn to transform Riyadh into a global city by 2030... Read more
Featured Real EstateSaudi Arabia announces project completion worth $614 mnIFM CorrespondentDecember 24, 2021 by IFM CorrespondentDecember 24, 2021 The project covers an area of 638,000sqm, include a variety of residential units ranging from villas, townhouses... Read more
Energy FeaturedACWA Power closes $1.33 bn in financing for the Red Sea Development projectIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The project will run of 100% renewable energy... Read more
Featured Real EstateSaudi Arabia to build 300,000 housing units in the next 5 yearsIFM CorrespondentDecember 14, 2021December 14, 2021 by IFM CorrespondentDecember 14, 2021December 14, 2021 The Kingdom has identified housing as one of its key projects under the Vision 2030... Read more
Economy FeaturedSaudi Arabia’s economy to grow by 7.4% in 2022: Finance MinisterIFM CorrespondentDecember 14, 2021 by IFM CorrespondentDecember 14, 2021 The economy will get a major boost from improved oil prices next year... Read more
Featured Oil & GasSaudi Aramco to continue seeking business opportunities in IndiaIFM CorrespondentNovember 23, 2021 by IFM CorrespondentNovember 23, 2021 The announcement comes after Reliance Industries scrapped a plan to sell a stake in its oil-to-chemical unit... Read more
Banking FeaturedSaudi British Bank launches the Kingdom’s first shariah compliant supply chain finance solutionIFM CorrespondentNovember 17, 2021 by IFM CorrespondentNovember 17, 2021 The launch is in line with Vision 2030 initiative to increase financing to the SME sector... Read more