Riyadh, Saudi Arabia - Saudi Arabia will establish more smart industrial zones, Minister of Municipal and Rural Affairs and Housing,...
"We've collaborated closely with the World Governments Summit for over a decade. It presents a vital opportunity to foster innovative...
The operational performance shows positive signs that travel will recover at a fast pace after eased restrictions come to effect...The operational performance shows positive signs that travel will recover at a fast pace after eased restrictions come to effect by the middle of Q3 2020
The airline registered a net loss of KD6.5 million for Q2 on account of the higher costs due to increased operations and higher fuel prices
This is part of its strategy to become a global trade enabler.DP World will connect companies needing trade finance solutions with financial institutions on its Cargoes Finance platform
The platform will disseminate trade data to financial institutions, so they can assess credit and compliance risks
This new move could make Saudi Arabia appear more expat-friendly as the nation looks to project itself as a regional...Interested individuals may use Saudi Arabia's Absher platform to go about acquiring property in the country
However, they will have to fulfill conditions, like having a valid and ongoing residency permit in the country
The Saudi Cabinet, however, reiterated its solidarity with the country whose people are looking at a deepening economic crisis.Lebanon’s economic crisis has been described by the World Bank as one of the 10 worst of its kind since the mid-1800s
The World Bank also said the crisis has the potential to be among the top 3 of all time
The Saudi Central Bank or SAMA has launched two programs to augment Islamic banking through research and translation, local reports...They are the Islamic Finance Research Support Program and the Islamic Finance Research Translation Program
Both programs are expected to offer cash prizes for the best research papers in various categories
Following a 2018 reform in the Kingdom that allowed for a first time the 100 percent foreign ownership of companies,...In none of the quarters since 2005 has such a number of licenses been issued, according to Saudi investment ministry.
Manufacturing sector accounted for the bulk (114) of new licenses issued followed by e-commerce and construction (78 each).
- The UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.
Ranks third among the world’s seven regions and is well above the global average.
UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.
Higher fuel volumes, improvement in non-fuel and commercial gross profit margin and increased operational efficiencies made in the first half...The company’s fuel volumes saw progressive recovery towards pre-COVID-19 levels.
In H1 2021, the company received no objection certificates from the Saudi General Authority for Competition to acquire 35 stations in the kingdom.
Nigeria was the largest West African export market for member companies, accounting for a 32 percent share of the value...Plastics accounted for 31 percent of exports, followed by electrical machinery/electronics (14 percent)
Commodities with the highest untapped potential for export and re-export include polyethylene, sugar cane and rice, trigger batteries.
Saudi Arabia has reported a sharp rise in its Industrial Production Index (IPI) to 11.9 percent in June 2021 from...The increase resulted Increase mainly from mining and quarrying, which gained 19.3 percent
Oil production rose from 7.4 million bpd in June 2020 to 8.9 million bpd in June 2021
