Cost management in the banking industry often falls into focusing solely on cost-cutting. However, for cost improvements to be successful, they should be sustainable. This requires a continuous review of spending, optimizing current resources, driving efficiencies, and shifting savings to investments that deliver value to the bank and its customers. [pdf]
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A groundbreaking project is underway in Saudi Arabia's Red Sea region, where construction has begun on what will become the world's largest photovoltaic-energy storage microgrid. This ambitious endeavor features a 400 megawatt (MW) solar photovoltaic (PV) system paired with a 1.3 gigawatt-hour (GWh) energy storage system, setting a new benchmark in renewable energy infrastructure. [pdf]
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Saudi Arabia is known for being home to some of the largest and most successful companies in the Middle East. These companies operate in various sectors, including oil and gas, finance, telecommunications, and construction. The top companies in Saudi Arabia are often ranked based on their market capitalization, revenue, and profitability. [pdf]
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The oil and natural gas industry has historically played a pivotal role in the economies and political power structures of Saudi Arabia and the other Gulf Cooperation Council (GCC) countries, generating fortunes from the export of these fossil fuels and thus enhancing their international influence. However, as the world shifts toward a cleaner, more sustainable future, the GCC states are also embracing this profound transition, moving from oil wells to power cells. [pdf]
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RIYADH: With a goal of sourcing at least 50 percent of its electricity from renewables by 2030, Saudi Arabia has invested heavily in diversifying its energy mix toward renewable sources to meet its pledge to cut carbon emissions and promote sustainable development. [pdf]
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