Investments in Saudi Arabia Startups See 102% Growth in Funding
As investors change their business mandates, there is a surge in startups’ revenues and cash flows
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Orient Insurance Postpones Saudi Arabia Expansion Plans to 2022
Orient Insurance, one of the largest insurers in the United Arab Emirates, has announced to postpone ...
Saudi Aramco Heads for Paying Dividends After Job Cuts
In response to the ongoing oil slump, Saudi Arabian Oil Company (Saudi Aramco) lets go employees ...
Saudi Oil Giant Aramco Set to Acquire 2.1 Billion SABIC Shares
Saudi Arabia’s Aramco has implemented the acquisition of 70% stake in Saudi Basic Industries Corp. (SABIC), the petrochemical giant ...
Saudi Central Bank Funds $13.3 Billion to Support Bank Liquidity
In the wake of coronavirus pandemic, Saudi Central Bank said on Monday to be providing $13.3 ...
Saudi Sovereign-Wealth Fund on a Stakes Buying Spree
Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying ...
Saudi’s Finance Ministry issues $1.53bn in Sukuk
Saudi Arabia’s Ministry of Finance has raised 5.755 billion riyals ($1.53 billion) in sukuk, as part of the monthly ...
Saudi’s Central Bank reconfirms pegging to U.S. Dollar
The Saudi Arabia’s central bank which is aiming at a sustainable economic growth during the coronavirus pandemic asserted its commitment ...
Saudi residential market observes an upturn of 2.1% in property prices
Giving a cautious optimism for the real estate sector, the Saudi Real Estate Index increased by 1.2% in the ...
Saudi Arabian Monetary Agency issues licenses to support finance sector
The Saudi Arabian Monetary Agency (SAMA) was issued on Tuesday to regulate licensing rules for activities ...
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