NEOM aims to be the world’s most competitive free zone
The project will use around 30 gigawatts of installed capacity by the...
Saudi Arabia
OPEC+ to boost oil output by 400,000 barrels a day each month till Dec 21
The deal will also boost the oil output of regions like UAE,...
Saudi Aramco to raise billions from asset sales
Saudi Aramco raised around $12.4 bn by selling the leasing rights over...
Transport and Logistics to contribute 10% of Saudi GDP by 2030
Crown Prince Mohammed bin Salman launched a brand new transport and logistics...
Aramco sells $12.4 bn stakes in pipeline unit to EIG-led consortium
The consortium represents a broad section of investors from North America, Asia,...
VAT in Oman and its economic implications
Oman recently introduced a 5% value-added tax (VAT), becoming the fourth Gulf...
Trade between Saudi Arabia and the US reach $20 bn in 2020
The goods exported to Saudi Arabia from the US amounted to $11.2...
Saudi startups raise $76 mn in the first quarter of 2021
Compared to the previous quarter, this is about a 137.5 percent increase...
Paymob secures $18.5 mn funding to expand in Saudi Arabia
The expansion at home is planned as the pandemic spurs a surge...
Amazon announces 1,500 new jobs in Saudi Arabia
The global conglomerate plans to add 11 new buildings along with new...