Top StoriesMiddle East’s economic recovery will be modest, says World BankGBO CorrespondentJanuary 7, 2021 GBO CorrespondentJanuary 7, 2021 The Kingdom’s IHS Market Saudi Arabia Purchasing Managers’ Index was 57 in...
Top StoriesEngie establishes holding company in Saudi ArabiaGBO CorrespondentJanuary 5, 2021 GBO CorrespondentJanuary 5, 2021 The company has appointed Mr Turki Al Shehri as the CEO to...
Top StoriesSaudi sees strong distribution of foreign investor license in Q3GBO CorrespondentDecember 23, 2020 GBO CorrespondentDecember 23, 2020 The government has granted over 800 licenses over the first three quarters...
Top StoriesSaudi’s PIF seeks fresh loans from international banksGBO CorrespondentDecember 4, 2020 GBO CorrespondentDecember 4, 2020 PIF acquired 2.04 percent in India’s largest retailer Reliance Retail Ventures...
Top StoriesAlkhabeer Capital to roll out funds worth $266.6 mn through new subscriptionGBO CorrespondentNovember 30, 2020 GBO CorrespondentNovember 30, 2020 Investors can maximise their investment portfolio through activities such as sukuk, trade...
Top StoriesSaudi to launch Digital Cooperation Organisation for digital growthGBO CorrespondentNovember 27, 2020 GBO CorrespondentNovember 27, 2020 DCO will bolster cooperation across all innovation-driven segments and fasten digital economy...
Top StoriesSaudi plans to become the largest exporter of hydrogenGBO CorrespondentNovember 24, 2020 GBO CorrespondentNovember 24, 2020 The Kingdom shipped the world’s first blue hydrogen cargo to Japan in...
Top StoriesPIF ramps up stake in ACWA Power from 33.6% to 50%GBO CorrespondentNovember 20, 2020 GBO CorrespondentNovember 20, 2020 ACWA aims to achieve its target of more than $10 billion in...
Top StoriesSaudi’s PIF to invest capital worth $40 billion annually in 2021-22GBO CorrespondentNovember 17, 2020 GBO CorrespondentNovember 17, 2020 The sovereign wealth fund has supported ultra-class projects such as the leading...
Top StoriesSaudi economy sees rebound in Q3 amid oil market downturnGBO CorrespondentNovember 11, 2020 GBO CorrespondentNovember 11, 2020 The Kingdom’s economy has slumped 4.2 percent compared to the previous year...