The Saudi Society for Technology will launch its conference on the cloud next December

RIYADH: After leading a rally that began in 2018, real estate lending to Saudi banks has slowed over the past year due to slower growth in the retail sector, according to the Saudi Central Bank, also known as the Saudi Arabian Monetary Agency. In the second quarter of 2021, the mortgage lending growth rate halved … Read more

Saudi Arabia to explore unknown waters in the desalination sector

RIYADH: Desalination doubled in Saudi Arabia over the past decade to reach 2.2 billion cubic meters in 2021, compared to 1.1 billion cubic meters annually in 2010, thanks to the comprehensive overhaul of some existing plants and the introduction of new technologies. For example, Jubail 2, one of the largest desalination plants in the Kingdom … Read more

Is the world’s financial firefighter ready?

Is the world’s financial firefighter ready? The G20 countries should commit to doubling the core capital of the International Monetary Fund.. (Shutterstock) The world needs to prepare for a series of financial crises across emerging and developing economies. The writing is already on the wall, with Ghana, Pakistan, Bangladesh and Sri Lanka currently queuing at … Read more

Monshaat has provided more than 200 training programs for Saudi entrepreneurs, as the Kingdom bets on small and medium-sized companies

Riyadh: The General Authority for Small and Medium Enterprises, or Monshaat, offers training programs for entrepreneurs to enhance the sector’s contribution to the gross domestic product. Established online academic facilities in 2020 to support aspiring entrepreneurs and business owners by improving their ability to access markets, manage existing institutions and explore options to grow their … Read more