The IPO comes as countries in the Middle East step up efforts to sell shares in private companies and boost liquidity on their stock markets
Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings
PIF-owned SCAI will foster innovation in strategic sectors and accelerate key national technological priorities
The Boutique Group will transform historic and cultural palaces into luxurious boutique hotels in Saudi Arabia
This will be UAE’s and Saudi Arabia’s first educational esports league
Sequoia is deepening its presence in the Middle East after recently backing companies from Turkey to Egypt
Last month, the 10 OPEC nations in the accord managed only 60 per cent of their stipulated 250,000 barrel-a-day increase
Brent crude’s climbed 11 per cent since the end of December to above $86 a barrel
The new facility will also provide customers original spare parts, onsite troubleshooting, in-house maintenance services
The new R&D centre in Riyadh will focus on security innovations for smart cities and cognitive surveillance technologies
On Tuesday OPEC+ decided to increase production in February by 400,000 barrels a day
The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December
The project to bring smart street lighting solution is for one of the key cities in the kingdom
It sees a surplus of 1.4 million barrels a day in the first three months of 2022
Gulf Arab energy firms borrowed $30.5bn in 2021, the highest level in at least 25 years
The new regulations come after health officials reported an increase in Covid-19 infections
Alexa will offer UAE and Saudi Arabia customers localised language experience in Khaleeji Arabic as well as in English
ekar is now taking on the global automotive subscription services market, which is set to surpass $40bn by 2026
The company plans to sell just over two million shares to raise about SAR1.8bn.
El-Helaly will focus on building brand awareness and assembling a team in Saudi Arabia
The coalition later said that it carried out airstrikes on “legitimate military targets” in Sana’a
The project will include four landmarks – an opera House, museum, sports stadium and oceanarium, as well as 17,000 residential units
Travellers were specifically urged to avoid “high-risk countries” where the omicron variant of Covid-19 has spread rapidly
The GCC Supreme Council also urged for the need to accelerate the establishment of a joint customs union and the GCC Common Market
While oil has soared about 45 per cent this year, it slumped more than 10 per cent on November 26, the day after Thanksgiving
“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” he said
Officials expect the economy to expand 2.9 per cent this year and grow by a further 7.4 per cent in 2022
Virtual heath offers access and convenience at home or on the go, from a computer or on a smartphone
The Public Investment Fund offered 120 million shares in Saudi Telecom at SAR100 each
The visit marks the first by the Saudi leader since the GCC rift with Qatar was ended in January this year