Saudi SME sector to prosper thanks to 23 new initiatives from Monsha’at
RIYADH: Small and medium enterprises in Saudi Arabia are set to prosper thanks to 23 new initiatives launched by the ...
Tag: Saudi Arabia
World’s longest subsea cable 2Africa reaches Saudi Arabia in connectivity boost
RIYADH: Saudi Arabia is now connected to the world’s longest subsea cable after the 45,000-km fiber-optic 2Africa network landed in ...
Saudi-US trade and investment volume hits $55bn, US Embassy in Riyadh reveals
RIYADH: Trade between the US and Saudi Arabia has rocketed by 122 percent since 2021, according to new figures released ...
Middle East’s real-time transaction growth driven by Saudi Arabia, says new report
RIYADH: Saudi Arabia recorded 352 million real-time payment transactions in 2022 amid its push to modernize the country’s payments infrastructure ...
Saudi Arabia offers 50 investment opportunities worth over $25bn in machinery, equipment sector
RIYADH: Saudi Arabia will offer 50 investment opportunities worth over $25 billion in the machinery and equipment sector as part ...
Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals
RIYADH: Saudi families have received more support to own their homes after SR933 million ($248 million) were deposited into their Sakani accounts ...
First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. It represents ...
Saudi business activity in March keeps up the momentum: PMI report
RIYADH: Saudi private sector output and new businesses creation saw a marked increase in March, leading to surge in staffing ...
Profits at top Saudi banks jump 17.6% in Q1
Profits at top Saudi banks jumped 17.6% in Q1. Profits well diversified, according to Alvarez & Marsal. Saudi's foreign reserves ...
Fitch revises Saudi Aramco’s outlook to positive from stable
Fitch Ratings has revised the outlook on the world's largest oil producer, Saudi Aramco, to positive from stable, following a ...
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