Browsing: Saudi Arabia

The initiative will be offered through the digital channels of several financial institutions. Shutterstock

The Council discussed several reports and agenda topics, including a comprehensive analysis by the Ministry of Economy and Planning on local and international economic developments

GCC interest rates will remain high but fall by 1% by year-end

The foreign ministers of Iran and Saudi Arabia weighed plans for closer cooperation between the two Muslim states and discussed…

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Tuesday, losing 266.84 points, or 2.18 percent, to close at 11,985.97. 

RIYADH: New mining companies helped drive a 12.1 percent annual increase in commercial registrations in Madinah in the fourth quarter of 2023, according to official data.  

RIYADH: Drug production in Saudi Arabia is poised for enhancement following the signing of four agreements aimed at fostering partnerships between the Kingdom’s public and private sectors.   

RIYADH: Saudi Arabia has launched a collaborative construction research initiative with Iraq to improve the country’s cement and building material industry.

RIYADH: Saudi business landscape received a regulatory push as the Kingdom’s Ministry of Investment launched a new initiative to take inventory of private sector direct expenditures abroad. 

RIYADH: Saudi Aramco announced on Jan. 30 that it will maintain its maximum sustainable capacity at 12 million barrels per day, following the directive from the Ministry of Energy.