Energy Top 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 Estate Top 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 Leaders Top 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 Finance Top 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...
Healthcare Top 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...
Technology Top StoriesSaudi Arabia’s IT sector to hit $27 bn in the next four yearsGBO CorrespondentAugust 25, 2021 GBO CorrespondentAugust 25, 2021 IoT is predicted to grow by 26% of compound annual rate in...
Energy Top StoriesSaudi Aramco joins ACWA Power’s solar project in SudairGBO CorrespondentAugust 16, 2021 GBO CorrespondentAugust 16, 2021 The solar power plant has the capacity of 1.5 GW...
Energy Top StoriesDumat Al-Jandal wind turbine trial begins in Saudi ArabiaGBO CorrespondentAugust 5, 2021 GBO CorrespondentAugust 5, 2021 The project is set to become the largest wind farm in the...
Oil and Gas Top StoriesSaudi Aramco expects high profits after finishing strong in the first halfGBO CorrespondentAugust 4, 2021 GBO CorrespondentAugust 4, 2021 Experts forecast that Aramco might see a net income of $23.7 bn...
Technology Top StoriesSaudi Arabia to generate $266 bn from fourth industrial revolutionGBO CorrespondentJuly 29, 2021 GBO CorrespondentJuly 29, 2021 Saudi Arabia will rebound with the help of artificial intelligence and smart...