SINGAPORE: Oil prices extended gains on Friday after closing at their highest in more than two months in the prior session, amid hopes that governments around…
View More Oil Updates — crude extends gains on optimism over policy support for growthCategory: Business
Saudi Arabia closes $2.5 billion Shariah-compliant credit facility for budget financing
RIYADH: The National Debt Management Center has announced the successful arrangement of a Shariah-compliant revolving credit facility valued at SR9.4 billion ($2.5 billion). This three-year…
View More Saudi Arabia closes $2.5 billion Shariah-compliant credit facility for budget financingSaudi startup investment shifts focus to AI, enterprise software, and SMEs
RIYADH: Saudi Arabia’s startup ecosystem is gaining momentum, propelled by government-backed initiatives and an influx of investor interest. While the fintech sector remains a primary…
View More Saudi startup investment shifts focus to AI, enterprise software, and SMEsSaudi Arabia’s oil legacy fuels shift to renewable energy hub
RIYADH: Saudi Arabia’s established prowess in crude oil production could help the Kingdom emerge as a global leader in the renewable energy sector, experts suggest.…
View More Saudi Arabia’s oil legacy fuels shift to renewable energy hubEdtech in Saudi Arabia: revolutionizing education through innovation
RIYADH: Edtech, short for educational technology, refers to the use of technology—hardware, software, and digital resources—to enhance teaching, learning, and educational outcomes. It encompasses a…
View More Edtech in Saudi Arabia: revolutionizing education through innovationBNPL emerges as the preferred payment option for Saudi consumers
RIYADH: The fintech landscape in Saudi Arabia is rapidly transforming daily financial practices, with buy now, pay later services gaining significant popularity. This shift is…
View More BNPL emerges as the preferred payment option for Saudi consumersNEOM signs many memorandums of understanding to expedite the transition to a clean industrial sector.
With agreements made with Bosch & Bain & Co. to expedite clean industrial change in Oxagon, Saudi Arabia’s $500 billion megacity is projected to provide…
View More NEOM signs many memorandums of understanding to expedite the transition to a clean industrial sector.
Early in 2023, the number of UAE creative business licenses approached one million.
In the midst of the government’s efforts to draw in more companies and strengthen the economy, the number of UAE business licenses related to creative…
View More Early in 2023, the number of UAE creative business licenses approached one million.
Saudi Arabia and the United Arab Emirates lead the GCC in mitigating climate change.
Despite their reliance on oil and gas exports, the UAE, Saudi Arabia, and Qatar have been the most active in the Gulf Cooperation Council region…
View More Saudi Arabia and the United Arab Emirates lead the GCC in mitigating climate change.
UAE employees can apply for a compensated year-long leave in 2023 in order to launch their own business.
Employees in the UAE will receive up to half of their pay and a full year to launch a new company. A new program being…
View More UAE employees can apply for a compensated year-long leave in 2023 in order to launch their own business.