The Saudi insurance market appears to have finally turned the corner following a period of underwriting volatility, according to analysis by A.M. Best. A review of preliminary disclosures by national … [Read more...]

Saudi Arabia climbed 4 spots to become the 16th biggest economy in the world in 2016, fueled by their commitment to sustainable growth through economic diversification and technological … [Read more...]

LuLu Group has opened its latest hypermarkets in the city of Hail, Saudi Arabia. The Hypermarket was inaugurated at a ceremony here by Dr. Saud Hamood Al Bugami, Under Secretary of Hail province along … [Read more...]

Saudi Aramco picked Moelis & Co. to advise on its initial public offering, according to people familiar with the matter. The New York-based boutique investment bank had been shortlisted along … [Read more...]

The oil giant Saudi Aramco announced going public with the release of IPO in 2018. Despite the drop of oil prices in the last two years, the CEO Amin Nasser is optimistic: "The market has started to … [Read more...]

Leaders are losing people’s confidence because they are lacking in values and motivated by personal goals and not by the common good, said business, government and civil society experts in a session … [Read more...]

Jumeirah Group, the global luxury hotel company, has announced its annual GCC roadshow across key markets in the region, which will include two stops in the Kingdom of Saudi Arabia – at Al Faisaliah … [Read more...]

The inaugural Annual Meeting of the Global Future Councils opens Sunday in Dubai, bringing together more than 700 experts from around the world to generate ideas and solutions to prepare the world for … [Read more...]

ADNOC CEO Says Oil and Gas Industry Can Achieve Resilience by focusing on Being More Efficient, Value Driven and Agile “In new energy era cost and price are the only variables and the rules are being … [Read more...]

Natural Gas is Fastest Growing Fossil Fuel Globally, with 50% Increase in Consumption by 2040: World Energy Outlook Oil and gas companies must demonstrate agility in their approach to business and … [Read more...]

A new study from the World Bank Group and the World Economic Forum estimates the global value of micro, small and medium retailers’ transactions. The total value of these transactions is estimated at … [Read more...]

Under the patronage and in presence of H.E. Dr. Abdulla Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority, Federal Transport Authority (FTA) and … [Read more...]

Proposed changes to Saudi Arabia’s capital markets regulations could be fast-tracked by authorities, paving the way for increased participation from international investors. In May the Capital Market … [Read more...]

Saudi Arabia owned US$ 116.8 billion of US Treasuries bils as of March this year, according to the the Treasury Department announcement on Monday - after four decades of secrecy. It makes Saudi Arabia … [Read more...]