Author: Annie
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Analysis: How rich is Saudi Arabia? Kingdom does the math in balance sheet overhaul
The kingdom is working on creating a consolidated balance sheet of its assets and liabilities which will include items currently kept off the oil-rich economy’s books, ... -
Saudi Arabia Pushes Companies to Move Headquarters to Kingdom
Saudi Arabia on Monday heaped pressure on foreign companies to move their Middle East headquarters to the kingdom, saying it will stop signing contracts with firms ... -
Bahrain becomes first nation to grant J&J COVID-19 shot emergency use
Bahrain became the first nation to authorize Johnson & Johnson’s new single-dose coronavirus vaccine for emergency use on Thursday, the government announced, just a day after ... -
Israel, Bahrain leaders discuss setting up vaccine plant
Israeli Prime Minister Benjamin Netanyahu and Bahrain’s Crown Prince Sheikh Salman bin Hamad Al Khalifa on Thursday discussed the Gulf state’s possible involvement in establishing a ... -
Batelco launches 2.7MW data centre hub in Bahrain
Bahrain-based telecommunications company Batelco has opened a new data centre hub located in Hamala. The company said the data centre is designed in line with international ... -
Real Madrid and Saudi Arabia hold ‘€150m’ sponsorship talks
Spanish soccer giants Real Madrid have held ‘advanced talks’ with Saudi Arabia over a potentially lucrative sponsorship deal, according to The Times. Two separate documents seen by ... -
Foster + Partners’ hotel to be built within Saudi Arabian sand dunes
Foster + Partners is designing the Southern Dunes hotel in Saudi Arabia as part of The Red Sea Project tourist development on the western coast of the country. Named Southern Dunes, the Foster + ... -
Weather warnings issued across Saudi Arabia with chance of snow
Weather warnings have been issued for several Saudi regions until Thursday, the country’s Civil Defense said on Monday. The authority warned of thunderstorms with moderate rain ... -
Tarabut Gateway Secures a Record-Breaking $13mn Seed Round
Open Banking platform secures the largest regional FinTech seed round and eyes geographic and product expansion Tarabut Gateway, the region’s first and largest Open Banking platform, ... -
Bahrain set to close schools, gyms as it toughens coronavirus rules
Bahrain has announced plans to toughen its measures against the spread of coronavirus from Sunday, which will remain in place until March 14. The new restrictions ...