Islamic FinanceTop StoriesSaudi Sukuk market four new attractive deals worth $15 mnGBO CorrespondentOctober 8, 2021 GBO CorrespondentOctober 8, 2021 These deals are particularly ordered when a seller and a buyer trade-specific...
EconomyTop StoriesSaudi Arabia’s GDP to grow by 3.3% in 2022: World BankGBO CorrespondentOctober 6, 2021 GBO CorrespondentOctober 6, 2021 The growth will be driven by the Kingdom’s non-oil sector...
TechnologyTop StoriesGulf region to invest over $70 bn in digital infrastructure by 2024GBO CorrespondentSeptember 24, 2021 GBO CorrespondentSeptember 24, 2021 Spending in Saudi Arabia was expected to exceed $37 bn in 2020...
Banking and FinanceTop StoriesStandard Chartered to drive sustainable finance and capital markets in Saudi ArabiaGBO CorrespondentSeptember 16, 2021 GBO CorrespondentSeptember 16, 2021 Standard Chartered started offering banking services through its branch in Saudi Arabia...
Real EstateTop StoriesSaudi Real Estate raises $426.4 mn to finance Saudi Vision 2030 projectsGBO CorrespondentSeptember 16, 2021 GBO CorrespondentSeptember 16, 2021 The funds will be raised with the help of priority rights issues...
EnergyTop StoriesSaudi Arabia’s ACWA Power aims to raise $1.2 bn in IPOGBO CorrespondentSeptember 15, 2021 GBO CorrespondentSeptember 15, 2021 The company plans to issue 85.3 mn shares that represents 11.67% of...
Real EstateTop StoriesSaudi Arabia to launch digital real estate platform in Q4 2021GBO CorrespondentSeptember 1, 2021September 1, 2021 GBO CorrespondentSeptember 1, 2021September 1, 2021 The government plans on digitising $100 mn worth of real estate assets...
Business LeadersTop StoriesSaudi Vision 2030 brings projects worth nearly $1tnGBO CorrespondentAugust 26, 2021August 26, 2021 GBO CorrespondentAugust 26, 2021August 26, 2021 Almost $300 bn is allocated for new infrastructure...
Banking and FinanceTop StoriesTop 10 UAE banks report positive growth during Q2 2021GBO CorrespondentAugust 26, 2021August 26, 2021 GBO CorrespondentAugust 26, 2021August 26, 2021 Return of equity (RoE) reached the highest level of 10.9% for the...
HealthcareTop StoriesSaudi Arabia’s Ministry of Health approves Sinovac and Sinopharm Covid-19 vaccineGBO CorrespondentAugust 25, 2021August 25, 2021 GBO CorrespondentAugust 25, 2021August 25, 2021 People who have been vaccinated with Sinovac or Sinopharm will be accepted...