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Economy
Steven Sahiounie, journalist and political commentator The Syrian Petroleum Company (SPC) has announced a comprehensive, phased plan to significantly increase oil and gas production,…
NEOM: The Saudi Red Sea Authority and NEOM signed a memorandum of understanding on Friday to cooperate on developing legislation, regulations, and technology in marine tourism, reported the Saudi Press Agency.
RIYADH: Startups in Saudi Arabia saw massive growth during the last decade raking in $3.3 billion in venture capital funding, according to a report issued by MAGNiTT.
RIYADH: The materials sector led trading on Saudi Arabia’s Tadawul All Share Index, accounting for approximately SR87 billion ($23.2 billion) or 15.11 percent of the market, according to TASI’s 2024 first-quarter report.
Of the amount, $50mln will be dedicated to supporting small and medium-sized enterprises Riyadh: The…
LONDON – Oil prices edged higher on Friday, but headed for their steepest weekly loss in three months as uncertainty about demand and high interest rates drove a sell-off limited by the prospect OPEC+ will continue to curb output.
The tightening of petroleum supplies and depletion of inventories widely anticipated at the start of the year has failed to materialise so far
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