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
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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
Maersk diverts big ships from the UK ports as Felixstowe fills up
The company is already rerouting its ships away from Felixstowe which handles 36 percent of the container freight
IMF cuts down China’s economic growth to 8% in 2021
Analysts warned that China is facing a painful fallout from real estate weakness that led to this In its latest World Economic Outlook report, IMF
Demand for natural gas in Arab countries is growing at 4.8% annually
The demand for natural gas in the wider Arab region is currently at its peak
UK banks to partner with fintech after Covid-19 pandemic: Lloyds Bank
More than 46% financial services plans to extend their partnership with fintech firms in 2022