Search Site

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

Saudi, Australian ministers discuss trade, bilateral ties

The Saudi minister highlighted plans to transform the Kingdom into a leading industrial power and a global logistics hub. (SPA)
  • The Saudi delegation’s visit to Australia also included participating in the International Mining and Resources Conference + EXPO (IMARC).
  • The Saudi delegation highlighted initiatives to develop the industrial sector.

SYDNEY, AUSTRALIA – Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef met the Australian Assistant Minister of Industry for Manufacturing Timothy Ayres in Sydney.

Saudi Deputy Minister of Industry and Mineral Resources for Mining, Eng. Khalid bin Saleh Al-Mudaifer, the CEO of the National Industrial Development and Logistics Program Eng. Suliman Almazroua and the CEO of the National Center for Industrial Development Dr. AbdulRahman Al-Qirtas were also present during the meeting.

Al-Khorayef discussed ways to enhance joint economic, commercial and investment cooperation, especially in the industrial and mining sectors between the Kingdom and Australia.

He also highlighted his ministry’s initiatives to develop the industrial sector, which is one of the most important factors to achieve the objectives of the “Kingdom’s Vision 2030” and the National Industrial Development and Logistics Program, which aims to transform Saudi Arabia into a leading industrial power and a global logistics hub.

The Saudi delegation’s visit to Australia also included participating in the International Mining and Resources Conference + EXPO (IMARC) held in Sydney from November 2-4, 2022.