Digital Transformation Fuels Economic Growth and Inclusion in Saudi Banking Industry

The digital revolution within Saudi Arabia’s banking sector has significantly enhanced the nation’s economic landscape, making financial transactions easier for customers, experts told Arab News. The Kingdom, known for its…

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Read more about the article ADNOC Initiates $5.5 Billion EPC Contract for Ruwais LNG Project
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ADNOC Initiates $5.5 Billion EPC Contract for Ruwais LNG Project

The plant is set to be the first LNG export facility in the Middle East and North Africa region. ADNOC has granted NMDC Energy, Technip Energies, and JGC Corporation a…

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Read more about the article Rasan Information Technology Co. Surges 30% in its Riyadh Trading Debut
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Rasan Information Technology Co. Surges 30% in its Riyadh Trading Debut

Company will be one of the first fintech firms to go public in the kingdom. Saudi Fintech Rasan Information Technology Co. rose in its Riyadh debut after raising SR841 million…

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Read more about the article Saudi EV Company Ceer Inks $2Bn Agreement with Hyundai Transys for EV Drive Systems
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Saudi EV Company Ceer Inks $2Bn Agreement with Hyundai Transys for EV Drive Systems

Saudi Arabia’s pioneering electric vehicle brand, Ceer, has secured a significant SR8.2 billion ($2.18 billion) agreement with Hyundai Transys, a South Korean company, to supply "EV Drive Systems" for its…

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Read more about the article IEA Report Reflects Energy Investments in Middle East to Reach $175bn
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IEA Report Reflects Energy Investments in Middle East to Reach $175bn

Energy investment in the Middle East is projected to reach around $175 billion in 2024, with clean resources accounting for approximately 15 percent of this total, according to a new…

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Read more about the article Saudi Arabia Looks to Restructure the Business and Seeks Mining Agreements with Morocco
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Saudi Arabia Looks to Restructure the Business and Seeks Mining Agreements with Morocco

Saudi Arabia aims to leverage Morocco's mining expertise, as both countries hold substantial reserves and produce over 40% of the world's phosphate fertilizer, according to Saudi Minister of Industry and…

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