Singapore electricity price hike wrecks havoc as energy providers exit market
Experts have predicted that power retailers have suffered losses in millions in the last two weeks
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Oman’s economy to grow by 2.2% in 2021:IIF
IIF mentioned they expect fiscal deficit to narrow to 2.3% of GDP in 2021 and 1.3% in 2022
Oil prices hit their highest levels since 2014 as demand recovers
Brent crude oil futures rose 87 cents, or 1%, to $85.73/ barrel on Monday
Singapore Airlines to scale up its flight operations to and from Australia
The airline also announced it will bring back A380s
Saudi Fransi Leasing paves innovative leasing services in Saudi Arabia
The increased use of technology and internet has helped the Saudi car rental industry grow and is projected to reach $2490 mn by 2026
Dubai’s property market undervalued, UBS report says
Increased oil prices and the economic rebound has supported the country’s recovery
InsurTech startup Surer raises $1 mn funding to invest in its tech team
The funding round is provided by Kisfetos
ESR-Reit and ARA Logos mulls merger with a $1.4 bn deal
Through this merger, ESR Reit will acquire all of ARA Logo’s unit
Aerolineas Argentina resumes international operations after more than a year
In November, the carrier will add frequencies to ten international destinations
Ericsson ties up with Mobily to provide financial services in Saudi Arabia
The Swedish company aims to increase Saudi Arabia’s cashless payments to 70% by 2030