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