Saudi Real Estate raises $426.4 mn to finance Saudi Vision 2030 projects
The funds will be raised with the help of priority rights issues...
Saudi Arabia
Saudi Arabia’s ACWA Power aims to raise $1.2 bn in IPO
The company plans to issue 85.3 mn shares that represents 11.67% of...
Saudi Arabia to launch digital real estate platform in Q4 2021
The government plans on digitising $100 mn worth of real estate assets...
Saudi Vision 2030 brings projects worth nearly $1tn
Almost $300 bn is allocated for new infrastructure...
Top 10 UAE banks report positive growth during Q2 2021
Return of equity (RoE) reached the highest level of 10.9% for the...
Saudi Arabia’s Ministry of Health approves Sinovac and Sinopharm Covid-19 vaccine
People who have been vaccinated with Sinovac or Sinopharm will be accepted...
Saudi Arabia’s IT sector to hit $27 bn in the next four years
IoT is predicted to grow by 26% of compound annual rate in...
Saudi Aramco joins ACWA Power’s solar project in Sudair
The solar power plant has the capacity of 1.5 GW...
Dumat Al-Jandal wind turbine trial begins in Saudi Arabia
The project is set to become the largest wind farm in the...
Saudi Aramco expects high profits after finishing strong in the first half
Experts forecast that Aramco might see a net income of $23.7 bn...