Tuesday, June 18, 2019

Saudi Arabia to Raise $36 Billion for Transportation Investment

Saudi Arabia plans to raise 135 billion riyals ($36 billion) for transportation-infrastructure projects over the next 11 years, as part of a sweeping plan...
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Strong returns for international investors in Dubai

High GDP Per Capita and World-class Infrastructure Drive Added Value for Property Investment in Dubai’s Premier Destinations According to Emaar With its high gross domestic...
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Can Oil Reinvent Itself? Shell’s Power Push Divides Investors

(Bloomberg) -- When a few hundred Royal Dutch Shell Plc shareholders piled into a Methodist church in Westminster for their 2018 annual meeting, they...
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Saudi Arabia’s Long-Delayed Banking Hub Gets a Trendy Makeover

There might not be any banks yet in the King Abdullah Financial District, but on a sunny afternoon, the once-stalled development in Riyadh is...
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Sohar port breaks container volume record

Despite on-going issues in the maritime industry and the continued lull in global oil prices, container volumes at Sohar port in the second quarter...
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AI and robots augmenting our intelligence and changing our lives: Jacobstein

The question today is not whether Artificial Intelligence (AI) and robots could rule the world, but whether they should rule the world.
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Saudi Arabia Is Said to Seek Funding for Mega Tourism Projects

Saudi Arabia has approached banks to raise financing for two mega tourism projects as the kingdom pushes ahead with ambitious plans for life after...
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Saudi Arabia Plans Spate of Water Project Privatizations in 2019

Saudi Arabia plans to tender or award six water-related projects in 2019 as it pushes ahead with a privatization program that got off to...
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Samail Industrial City to get new facility

The foundation stone for the administration and facility building at Samail Industrial City, which comes under the ambit of the Public Establishment for Industrial...
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ACWA Power wins $302mn solar project in KSA

ACWA Power, a global leader in developing, constructing, and operating power generation and water desalination plants, has won the Skaka independent power producer photovoltaic...
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