Browsing: Saudi Arabia

he Saudi General Organization for Social Insurance (GOSI) clarified that the new Social Insurance Law, approved by the Council of Ministers on Tuesday

LONDON: Business leaders hailed Saudi Arabia’s investment environment and prospects for economic growth at an event at the London Stock Exchange on Wednesday.

By: Karam Gendy, Egyptian Economical Journalist Energy and Natural Resources:Egypt’s strategic location as a regional energy hub presents significant opportunities…

Narrowing the GDP per capita gap between major urban hubs and regional territories by only 10% could potentially inject SR27 billion ($7.2 billion) into Saudi Arabia’s GDP annually.

RIYADH: Advanced smart grid technologies are pivotal for enhancing energy transition and system reliability, with projections indicating a need to double investments to $600 billion annually by 2030. 

RIYADH: More than 30,000 certificates of origin were issued to Saudi manufacturers for the 14th consecutive month in June, highlighting the robustness of the Kingdom’s export sector.  

RIYADH: Saudi Arabia’s first-quarter current account surplus widened to SR28.6 billion ($7.6 billion), up 75.46 percent from the previous quarter, driven by strong services exports, an analysis showed. 

RIYADH: Saudi companies that are members of the Local Content Coordination Council sourced 47.22 percent of their purchases domestically in 2022, latest data showed.

RIYADH: Saudi Arabia is set to process approximately 3 million tonnes of municipal solid waste annually to produce refuse-derived fuels in six governorates following a new agreement. 

RIYADH: Tourism spending in Saudi Arabia saw an annual increase of 23 percent in the first three months of the year, hitting SR45 billion ($12 billion), according to new figures.