FeaturedReal 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
EnergyFeaturedACWA 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
FeaturedReal 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
EconomyFeaturedSaudi 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
FeaturedOil & 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
BankingFeaturedSaudi 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
FeaturedTechnologyUAE-based tech firm Immensa raises $7 mn in funding to expand into Saudi ArabiaIFM CorrespondentNovember 12, 2021 by IFM CorrespondentNovember 12, 2021 The funding round was led by Energy Capital Group (ECG) and Al Turki Ventures... Read more
FeaturedHealthcareOutstanding Geriatric Care at Dar As-Salama Medical HospitalWebAdminNovember 2, 2021 by WebAdminNovember 2, 2021 The geriatrics care unit at the hospital has a reputation of being one of the best in the Kingdom because of its excellent service over the last three decades... Read more
FeaturedInsuranceMEDGULF wins the best CSR program award in Saudi ArabiaWebAdminNovember 2, 2021November 2, 2021 by WebAdminNovember 2, 2021November 2, 2021 MEDGULF’s CSR program is aligned with international standards... Read more
BankingFeaturedAlbilad Capital CEO is awarded the Best Emerging Investment CEO in the Kingdom for the year 2021WebAdminOctober 28, 2021 by WebAdminOctober 28, 2021 Albilad Capital is making strides in the industry as it grew by more than 22% annually and the company maintained a market share of more than 31%... Read more