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Saudi Arabia Issues 188 New Industrial Licenses in March
Recent factory openings create thousands of new jobs across the Kingdom. Accelerating Industrial Growth The Ministry of Industry and Mineral Resources released highly encouraging data today. Officials issued 188 new industrial licenses during
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Saudi Economy Surges with Record Energy Profits and POS Sales
Saudi Energy Company profits jump 89 percent as retail spending soars.
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Korean Car Exports Surge on Strong Hybrid Demand
Record global sales in March highlight a major shift toward eco-friendly vehicles. Record-Breaking Export Growth The Korean Ministry of Trade reported significant car export growth today. Rising global demand for hybrid vehicles drove this
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PIF Board Approves New 2026-2030 Strategic Plan
HRH the Crown Prince leads the fund into a new era of sustainable economic growth. A New Era of Growth The PIF Board of Directors recently
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Oman and France Launch Strategic Dialogue in Paris
The two nations strengthen cooperation in economy, energy, and global diplomacy. Opening the Historic Dialogue Officials from Oman and France
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Minister of Finance, Acting Minister of Economy and Planning Holds a Press Conference to Highlight Economic Developments in Saudi Arabia
Minister of Finance, Acting Minister of Economy and Planning Mr. Mohammed bin Abdullah Al-Jadaan holds on Wednesday April 22, 2020, a virtual press
Read MoreAn oil price war is here to stay, analysts warn — even as prices tumble to nearly two-decade lows
An oil value war between Saudi Arabia and Russia will in all probability collect throughout the year, vitality examiners have told, forever until 2021 at the most punctual. Universal benchmark Brent unrefined exchanged at $26.01 Wednesday,
Read MoreIndia plans to top up strategic tanks with cheap Saudi, UAE oil: Report
India plans to take advantage of low prices for oil from Saudi Arabia and the United Arab Emirates to top up its strategic petroleum reserves (SPR), two sources familiar with the matter. Global oil prices have fallen around 40% in March as the
Read MoreSaudi Arabia to invest USD 100 billion in India
Saudi Arabia, the world's biggest oil exporter, is looking at investing USD 100 billion in India in areas of petrochemicals, infrastructure and mining among others, considering the country's growth potential. Saudi Ambassador Dr Saud bin
Read MoreChina says more talks needed on economic aid for Pakistan
China will provide Pakistan with economic aid but more talks will take place to fix the details, a senior Chinese diplomat said, after new Pakistani Prime Minister Imran Khan met Chinese Premier Li Keqiang on Saturday.
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