Saudi Arabia cut oil prices for its main market of Asia and for Europe, “signaling that demand remains sluggish as economies slow and coronavirus cases in China surge,” according to Bloomberg.
Saudi Arabia's ACWA Power is set to build a sizable 1.5 GW wind energy plant in Uzbekistan, signing power purchase agreements and investment agreements to build the Kungrad wind farm in Karakalpakstan—previously known as the Karakalpakstan Wind IPP.
Saudi-based investment bank Riyad Capital said Saudi Arabia’s non-oil economy is projected to grow of 5.2% in 2022 and 4.3% in 2023, Hans Peter Huber, Chief Investment Officer, said in a report.
In Episode 64, The 966 interviews Reem Philby and Alan Morrissey, two of the four team members set to embark on the ‘Heart of Arabia’ expedition, a 1,300km journey across Saudi Arabia following the route of Harry St John (Abdullah) Philby that took place 105 years ago.
Episode 63! The hosts welcome Jeffrey Beyer, Managing Director, Zest Associates, a Dubai-based consultancy that develops sustainability solutions for governments and private companies for the low carbon economy.
Brooks Koepka holed his birdie putt on the third playoff hole to win the LIV Golf Invitational-Jeddah in Saudi Arabia on Sunday and claim his first victory on the tour.
The Middle East and North Africa (MENA) region are the world's fastest-growing cryptocurrency markets, with the volume of crypto received in the region jumping 48% in the year to June, Reuters reports, citing blockchain researcher Chainalysis.
Forbes Middle East released its second annual ranking of the Middle East's top 30 asset management companies, placing Saudi Arabia's SNB Capital at the top of the list which is dominated by Saudi entities.
