Featured Saudi fintech firm’s IPO oversubscribed Aya Anwar May 22, 2024 0 Saudi Arabia's fintech sector witnessed a surge in investor interest as Rasan Information Technology Co. launched…
Featured Japan-Saudi business forum held despite Prince’s absence Aya Anwar May 21, 2024 0 Japan and Saudi Arabia convened a bilateral business forum in Tokyo, focusing on enhanced collaboration in energy…
Energy S. Arabia’s crude oil exports hit 9-m high – JODI Aya Anwar May 20, 2024 0 Saudi Arabia's crude oil exports hit a nine-month high, rising 1.5 per cent to 6.413 million barrels per day (bpd)…
News S. Arabia’s inflation edges up to 1.6% in April – GASTAT Nada Ali May 15, 2024 0 Saudi Arabia's inflation rate rose to 1.6 per cent in April 2024, driven by higher prices for housing, utilities,…
Real Estate S. Arabia’s NHC, China’s CMEC to build 20K housing units Nada Ali May 12, 2024 0 Saudi Arabia's National Housing Company (NHC) has partnered with China Machinery Engineering Corporation (CMEC) to…
Tech news S. Arabia’s AI fund open to divest from China at US request Nada Ali May 8, 2024 0 The head of Saudi Arabia's new $100 billion tech investment fund, Alat, signaled a willingness to sever ties with…
MENA News S. Arabia’s SMASCO eyes $240m IPO on Tadawul Nada Ali May 8, 2024 0 Saudi Arabian staffing company SMASCO announced plans for an initial public offering (IPO) on the Riyadh Stock…
Featured S. Arabia’s GDP shrinks by 1.8% in Q1 ’24 Aya Anwar May 1, 2024 0 Saudi Arabia’s real Gross Domestic Product (GDP) experienced a 1.8 per cent decline in the first quarter of 2024…
Africa News Uganda secures $295m loan from S. Arabia’s IDB Aya Anwar Apr 30, 2024 0 Uganda has recently inked a deal with the Islamic Development Bank (IDB) of Saudi Arabia, securing a $295 million…
Featured S. Arabia mulls crude price hike to Asia Aya Anwar Apr 29, 2024 0 Saudi Arabia, the leading exporter of oil, is contemplating raising prices for most of its crude grades sold to…