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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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Powering Progress: A Labour Day Tribute to Saudi Arabia's Workforce
Do you know who truly powers the incredible growth of Saudi Arabia? Let us explore the human stories behind the Kingdom's massive transformation today.
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AFC Champions League Boosts Jeddah Economy
The major football tournament stimulates local businesses and creates new jobs. A Massive Economic Win Jeddah continues to record massive
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US Dollar Stays Stable Amid Diplomatic Hopes
Currency markets balance global supply risks with new dialogue prospects. Markets Weigh Geopolitical Factors The US dollar stayed mostly stable
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Oil Prices Drop Amid Hopes for US-Iran Talks
Markets calm down as supply fears ease in early Asian trading. Fresh Drops in Crude Markets Oil prices fell during early Asian trading on
Read MoreOman Hosts International Conference On Innovation And Investment
The first international conference on business sustainability began today in Muscat. Tax Authority Head Nasser bin Khamis Al Jashmi sponsored the major event. The University of Technology and Applied Sciences hosts the two-day gathering. The
Read MoreOman Hosts National Seminar On Proactive Monitoring Systems
Oman's Ministry of Economy recently organized a national seminar focusing on proactive monitoring systems. The Oman Vision 2040 Implementation Follow-up Unit led the event. Officials collaborated with the University of Sharqiyah to host the
Read MoreMinister 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 conference to talk about the most prominent economic developments in Saudi Arabia in the light of
Read MoreCoronavirus: World Economy Bound To Suffer "Severe Recession", Says IMF
The world economy, already "sluggish" before the coronavirus outbreak, is now bound to suffer a "severe recession" in 2020, IMF chief Kristalina Georgieva has warned and said the current crisis posed "daunting
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