Saudi Arabia Clinches 3rd-term Presidency Of Arab States Aviation Security Committee
JEDDAH: Saudi Arabia has been awarded the presidency of the Aviation Security Committee for a third consecutive term fol... Read more
Indias Vedanta Copper To Invest $2bn In Saudi Mining Sector
RIYADH: Saudi Arabia’s Ministry of Investment and Ministry of Industry and Mineral Resources have joined forces with V... Read more
Saudi Arabia Signs Over $9.3bn In Deals To Boost Supply Chain Resilience
RIYADH: Saudi Arabia has signed nine major agreements valued at SR35 billion ($9.31 billion) during the Global Supply Ch... Read more
EU Seeks To Boost Green Energy Collaboration With Saudi Arabia
RIYADH: The EU is keen to expand its cooperation with Saudi Arabia in the energy sector as the world increasingly shifts... Read more
Oil Updates – Prices Edge Up On Geopolitical Tensions; Higher-than-expected US Inventories Cap Gains
SINGAPORE: Oil prices rose marginally on Thursday as geopolitical concerns over escalating tensions between Russia and U... Read more
Saudi Arabias Construction Contracts Jump 47% To $49.3bn In H1 2024
RIYADH: Saudi Arabia’s construction sector continues to thrive, with contract awards totaling SR185 billion ($49.3 bil... Read more
Saudi Local Content Projects Valued At $213bn By Q3 2024, Says Alkhorayef
JEDDAH: The value of projects under Saudi Arabia’s local content initiatives has reached approximately SR800 billion (... Read more
Tourism Seen As Key To Advancing Global Climate Action, UN Official Says
RIYADH: Tourism presents a significant opportunity to advance global climate action, said a senior UN official, urging n... Read more
Saudi CMA Seeks Feedback On Foreign Investment And Market Access Reforms
RIYADH: Saudi Arabia’s Capital Market Authority is seeking to attract more foreign investments and improve market acce... Read more
Closing Bell: Saudi Main Index Closes In Red At 11,867
RIYADH: Saudi Arabia’s Tadawul All Share Index declined on Wednesday, shedding 7.99 points, or 0.07 percent, to close ... Read more
ACWA Power, ITOCHU Corp. Sign MoU At COP29 To Accelerate Global Clean Energy Transition
RIYADH: Saudi Arabia’s ACWA Power has entered into an agreement with Japan’s ITOCHU Corp. during COP29 to strengthen... Read more
OPEC Chief Tells COP29 Oil Is A Gift From God
BAKU: OPEC Secretary-General Haitham Al-Ghais on Wednesday told the COP29 climate summit in Baku that crude oil and natu... Read more
Saudi Arabia Leading Clean-energy Revolution With $180bn For Green Economy, Climate Tech: Agility
RIYADH: Saudi Arabia is accelerating its leadership in sustainability, committing over $180 billion to a green economy ... Read more
Saudi Economic Growth To Accelerate To 4.7% In 2025: Moodys
RIYADH: Saudi Arabia’s economy is set to grow by 1.7 percent this year, before accelerating to 4.7 percent in 2025 and... Read more
Oil Updates – Crude Heads For Weekly Loss As Chinese Demand Continues To Underperform
SINGAPORE: Oil prices fell on Friday on signs demand in China, the world’s biggest crude importer, continues to underp... Read more