Riyadh, Saudi Arabia — Pemo, the all-in-one spend management platform, has announced a major milestone in its journey: its 200th customer has now been onboarded to use its expense management software, …
Why the Saudis have been driving down the price of crude oil
Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia and others make more money, but the smaller, higher-cost producers also …
The Private Sector’s Role in Saudi’s Travel Ambitions
This bonus episode features a discussion with Muzzammil Ahussain, CEO of Almosafer, Saudi Arabia’s largest travel and tourism company.
Saudi Arabia Is Grabbing Oil-Market Share, but It Can Open the Tap Only So Far
Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and losing market share. But launching price wars is becoming more painful. The …
US driller sees nine more rig suspensions in Saudi Arabia
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OpenAI Has Discussed Raising Money From Saudi Arabia, Indian Investors
OpenAI has talked to Saudi Arabia’s Public Investment Fund, Indian conglomerate Reliance Industries and existing shareholder United Arab Emirates’ MGX about investing in the next installment of its …
Mohammed bin Salman: The new face of Saudi Arabia
Under the crown prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, the kingdom has pursued ambitious reforms to transform itself into a thriving 21st-century economy …
Saudi Arabia Strengthens Role of SMEs as Key Driver of Economic Growth
Riyadh: Saudi Arabia’s small and medium enterprises (SMEs) are experiencing unprecedented growth, positioning themselves as a vital pillar in the Kingdom’s efforts to diversify its economy and …
Sony Music partners with LuxuryKSA to develop Saudi talent
Sony Music Entertainment (SME) has teamed up with Saudi-based entertainment company LuxuryKSA to identify and develop musical talent from Saudi Arabia. Continue to article… The deal focuses on …
Nigeria, Saudi Aramco struggle to finalise $5bn oil-backed loan on crude price slump
Nigeria and Saudi Arabia’s state oil giant Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan after …