Browsing: Business

The United States sees no need to negotiate an international agreement on taxing the super-wealthy, US Treasury Secretary Janet Yellen said Thursday, highlighting divisions on a plan that is top of the agenda at a G20 finance ministers’ meeting in Rio de Janeiro.

RIYADH: E-commerce sales via Mada cards in Saudi Arabia surged by 28 percent annually to reach SR16.22 billion ($4.32 billion) in May.

The underground parking and light rail are key elements of NEOM’s advanced sustainable transportation plan

RIYADH: A database rating contractors in the Saudi construction industry is part of a new national strategy designed to help the Kingdom deliver its SR1.2 trillion ($319 billion) Vision 2030 projects.

RIYADH: Hotel construction in Egypt will receive a 50 billion Egyptian pounds ($1.03 billion) funding injection after the government approved a new initiative to boost the country’s tourism sector.

RIYADH: Following high-level meetings, trade relations between Saudi Arabia and Brazil have been lauded for their “remarkable development.”

FARNBOROUGH, United Kingdom: Qatar Airways on Tuesday ordered 20 Boeing 777X long-haul aircraft worth $8.8 billion at list prices, boosting the US aviation giant at Britain’s Farnborough International Airshow.

SAMI signed two agreements with Lockheed Martin and Airbus Helicopters at the Farnborough International Airshow

RIYADH: Saudi Arabia has invited Brazilian companies to invest in its mining sector, highlighting substantial growth opportunities during a visit by its top minister to the South American country. 

: Saudi Arabia and Egypt are set to boost energy cooperation following a meeting between top officials to expand ties in petroleum, gas, electricity, renewable energy, and hydrogen.