EV maker Lucid to open its first manufacturing unit in Saudi Arabia
Kingdom of Saudi Arabia will give up to $3.4 billion in financing and incentives over the following 15 years....
Tag : Saudi Arabia
UAE budget airlines ought to reclaim Gulf skies
Air Arabia recently stated that it will resume direct flights from Sharjah to four different cities — Taif, Al Jouf, Gassim, and Hail....
Future of payments & billing: How hyper bill is shaping online payment in KSA
The world is going cashless. While the transition towards a less-cash dominant marketplace was in the works for some time now, the last two years saw a giant leap towards that direction. This was largely driven by COVID-19 and the multiple subsequent pandemic-induced lockdowns. Thanks to this change, now all of a sudden, it makes...
UAE, Qatar and Saudi Arabia among top competitive economies: AMF
The four countries were named most competitive during a period of 2017-2020...
Saudi Arabia is all set to dominate the global hydrogen market: Prince Abdulaziz bin Salman
The Kingdom needs to let all countries decide their own choices regarding resources of energy...
Saudi Arabia’s growth forecast for 2022 is 4.9%: World Bank
World Bank also mentioned that Saudi Arabia would record 2.3% economic growth in 2023...
Saudi Arabia’s Batic acquires a stake in Smart Cities Solutions
Batic inked an agreement for $.32 mn and acquired 4% stake in Smart Cities Solutions...
ACWA Power beginning the first phase of the Noor energy project
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...
Saudi Arabia postpones the unveiling of its Riyadh 2030 strategy
Saudi Arabia is investing $220 bn to transform Riyadh into a global city by 2030...