Browsing: Business

RIYADH: The path is now clear for the International Monetary Fund to establish its regional headquarters in Riyadh, following the final approval from the Saudi Cabinet. 

RIYADH: Jeddah is set to become a significant hub for copper and zinc metals as the London Metal Exchange plans to establish a new warehouse in the city.

MOSCOW, March 20. /TASS/. The Russian Ministry for Digital Development is looking at the possibility of developing a single platform to detect fake content generated by artificial intelligence (AI) and other technologies, the ministry’s press service told TASS.

The European Parliament has extended the suspension of all tariffs and quotas on Ukrainian agricultural food imports to the EU until June 2025, it announced on Wednesday.

The divestment is reportedly expected to boost the balance sheet of the crisis-hit aerospace multinational

This step aims at easing the process of setting up a global financial hub in Ras El-Hekma city, along with attracting foreign investments, one of the sources said

RIYADH: Foreign investors can now officially be classified as Saudis under the Nitaqat Saudization program following the approval of the Ministry of Human Resources and Social Development.

RIYADH: Investors eyeing opportunities in Saudi Arabia’s mining sector stand to gain from a new incentive package totaling nearly SR685 million ($182 million) in financial facilitation.

DHAHRAN: Aramco President and CEO Amin H. Nasser today emphasized the need for a new, realistic pathway for the energy transition that includes oil and gas. In a keynote speech at CERAWeek 2024 in Houston, Texas, Nasser said the current transition strategy “is visibly failing on most fronts as it collides with five hard realities.”

The company’s stock has slumped in recent months as it loses ground to its rivals in technology development