Modern Business is complicated and complex. In order to succeed, businesses have to not only ensure that the product they are providing is commercially viable, but also that it is unique as well as interesting. But that alone does not guarantee success. Cost cutting and business process efficiency is another aspect that helps in running […]
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There is no denying the fact that Saudi Arabia is the largest and most powerful oil exporter of the world which provides a strong sense of secure financial insurance to the country. The officials with the help of the finance department has been trying hard to improve private and government branches with greater spending, profitable […]
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A vision is the first step towards leading the entire planning and decision-making towards a successful path. It is a gateway to a number of solutions for the economic chaos in the country including reduced oil prices. The fact that a massive percentage of Saudi Arabia’s economy is dependent on the oil revenues had made […]
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Vision 2030 is no surprise to anyone as the news has been trending ever since the Red Sea project became an important and ultimate source of reformed economy. While the official ministers, analysts, and expert panel are busy leading the project with utmost excellence, the project has started to make news already. The fact that […]
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Saudi Arabia is committed to settle all outstanding payments owed to private sector companies by the Saudi government as soon as possible, announced Kingdom’s economy and planning minister Mohammed Al-Tuwaijri. A major setback faced by the Saudi government following fall in oil prices since mid-2014 led them to cut-down several projects and delay payments to […]
Read more Saudi Arabia’s biggest lender by assets, the National Commercial Bank (NCB), started preliminary merger talks with smaller rival Riyad Bank, eyeing a deal that would create an entity with $182 billion in assets. The deal comes two months after the first major tie-up of the country’s banking sector in recent times between Saudi British Bank (SABB) and Alawwal […]
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