Tags :Kingdom of Saudi Arabia

Banking Featured News Regional

GCC Banks hike interest rates in line with US FED

Global Business Magazine November 3, 2022

In line with the US FED’s decision to hike the interest rates, the Central Banks in the UAE, Saudi and Bahrain Read More

Energy Featured News Regional

Saudi’s ACWA Power to set up 10GW wind farm in Egypt

Global Business Magazine November 2, 2022

Saudi Arabia’s renewable energy developer ACWA Power will build a 10-GW wind farm in Egypt. Currently, Egypt’s largest wind farm Read More

Economy Featured News Regional

Fears of economic slowdown impacts GCC project market in Q3 of 2022

Global Business Magazine October 18, 2022

GCC project awards contracted during the third quarter of the year as global economic challenges mounted.Read More

Finance Featured News Regional

Saudi Arabia’s Marafiq plans list its shares on Tadawul

Global Business Magazine October 3, 2022

Marafiq is an integrated utilities services provider with presence across the power and water value-chain. Together with its various subsidiaries, Marafiq is Read More

Business Featured News Regional

Islamic insurer Salama secures approval to merge with Takaful Emarat

Global Business Magazine October 3, 2022

Salama, Dubai-based Islamic Arab Insurance Company, on Monday confirmed that it has obtained initial regulatory approval for a merger with Takaful Emarat Read More

Business Featured News Regional

Tabby expands its operations in Egypt

Global Business Magazine September 7, 2022

Tabby, the Middle East’s leading payments and shopping app, announced its launch in Egypt, enabling shoppers to pay over time without Read More

Technology Featured News Regional

IDC to host 12th edition of Saudi Arabia CIO summit in Riyadh on Sept 19-20

Global Business Magazine September 6, 2022

After a gap of two years, the IDC Saudi Arabia CIO Summit returns to an in-person format on September 19-20 in Riyadh Read More

Energy Featured News Regional

Power consumption on rise in Saudi Arabia

Global Business Magazine September 6, 2022

Electricity consumption in Saudi Arabia grew by 4.2% in 2021, registering growth for the second year in a row, after it recorded the first Read More

Finance Featured News Regional

Global Sukuk Issuance to reach $257 billion by 2027, says Refinitiv

Global Business Magazine September 2, 2022

Global sukuk issuance is poised for a big growth in the next five years with the compound annual growth rate (CAGR) of 6.8% Read More

Economy Featured News Regional

Saudi Arabia’s economy poised to grow at 7.6% in 2022, says IMF

Global Business Magazine September 1, 2022

The International Monetary Fund (IMF) said in its annual report that Saudi Arabia’s economy would register a growth rate of 7.6% during Read More

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