Browsing: Saudi Arabia

Ali Bagheri, the Acting Minister of Foreign Affairs of the Islamic Republic of Iran, and Faisal Bin Farhan, the Minister…

Riyadh: The Saudi Export-Import Bank (Saudi EXIM Bank) and Chilean Foreign Investment Promotion Agency (InvestChile) have signed a memorandum of…

Saudi Arabia’s King Salman bin Abdulaziz Al Saud has sent a written message to Iran’s President Masoud Pezeshkian concerning relations…

RIYADH: Saudi Arabia has solidified its status as a leading force in the global construction industry, demonstrating remarkable performance in the second quarter of 2024.

RIYADH: Saudi Arabia’s seasonally adjusted real gross domestic product grew by 1.4 percent in the second quarter of 2024, compared to the previous three months, driven by non-oil activities, official data showed.  

Saudi Arabia recorded a budget deficit of SR15.34 billion ($4.09 billion) in the second quarter of 2024, bringing the year’s first-half shortage to 35 percent

RIYADH: Petrochemical giant Saudi Basic Industries Corp. saw an 84 percent year-on-year surge in net profit to SR2.18 billion ($564 million) in the second quarter of 2024, driven by higher margins and new zakat regulations. 

Chief of the King Salman Humanitarian Aid and Relief Center Abdullah bin Abdulaziz Al-Rabeeah met Palestinian Minister of State for…

The number of Saudi workers in the private sector rose from 1.7mln in 2019 to over 2.3mln in 2024, while the unemployment rate decreased to 6.7% in the first quarter of 2024

Strong non-oil growth in Q2 has put Saudi Arabia on track to record an overall gross domestic product (GDP) growth of 1.2% in 2024, according to data by S&P Global Market Intelligence