When Saudi Arabia last saw a merger of two of its biggest banks, the oil price was recovering from a dramatic slump, the kingdom was in the midst of a deep recession and its debt exceeded the size of …
Saudi Arabia’s latest VAT hike a ‘triple whammy’ for country: CEO
Tarek Fadlallah from Nomura Asset Management explains how Saudi Arabia’s “virtually unprecedented” VAT hike will impact the kingdom and the broader Gulf region.
Foster and Partners’ architects accused of climate betrayal over new airport in Saudi Arabia
Britain’s largest firm of architects has been accused of hypocrisy by environmentalists after it revealed designs for a second international airport in Saudi Arabia.Foster and Partners was already …
IMF Economic Forecasts More Pessimistic Than Saudi Arabia’s: Central Bank Governor
Saudi Arabia’s central bank governor said the International Monetary Fund’s economic contraction forecast for Saudi Arabia was “more pessimistic” than Saudi Arabia’s own forecasts.
Zain Bahrain launches 5G commercial services
This commercial launch in Bahrain follows the launch of 5G services in Zain Kuwait and Zain Saudi Arabia last year, said the statement from Zain. The new 5G service will enable customers to benefit …
Revealed: The UAE’s most powerful business families
UAE’s 21 families have been ranked among the Arab world’s 100 most powerful family businesses, which is second highest in the region after Saudi Arabia. According to Forbes Middle East, Saudi Arabia …
IMF economic forecasts more pessimistic than Saudi Arabia’s – c.bank governor
Saudi Arabia’s central bank governor said the International Monetary Fund’s economic contraction forecast for Saudi Arabia was “more pessimistic” than Saudi Arabia’s own forecasts.
Saudi Arabia, UAE dominate top 100 family businesses in Middle East: Report
Saudi Arabia and the UAE dominate the list of the Middle East’s top 100 family businesses, according to Forbes Middle East, accounting for over half of all entries. Saudi Arabia topped the list with …
Saudi Arabia Hands Megacity PR Mandate To Ruder Finn
Ruder Finn has been hired by Saudi Arabia to handle CSR and sustainability work for Neom , the $500bn megacity that Crown Prince Mohammed bin Salman has planned for the country’s Northwest coast.
3,943 more patients diagnosed with coronavirus in Saudi Arabia
The health ministry of Saudi Arabia said on Monday that 3,943 more patients have been diagnosed with coronavirus in the country, increasing the total number of COVID-19 infections across the country …