the Saudi government announced a broad set of socio-economic reforms, known as Vision 2030. Low global oil prices throughout 2015 and 2016 significantly lowered Saudi Arabia’s governmental revenue. In response, the government cut subsidies on water, electricity, and gasoline; reduced government empl...
BUSINESS WIRE)--The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos. The session, titled “Saudi Arabia’s Transf...
Saudi Arabia has announced plans to establish a logistics and e‑commerce special economic zone with China, following the signing of a memorandum of understanding (MoU) betweenKing Salman International Airport Development Companyand international private equity (PE) firmewpartners. Through the MoU, si...
A 'World Economic System' refers to the structure governing the global economy, including the interplay between natural resources, pollution, population growth, and economic activities of all countries. It is influenced by factors such as resource depletion, pollution, and overpopulation, which can lea...
Saudi Minister of Commerce and Investment Majid bin Abdullah al Qassabi (4th L) and Algerian Minister of Industry and Mines Youcef Yousfi (3rd R) attend the 12th Algerian-Saudi Business Forum in Algiers, Algeria, Dec. 3, 2018. Algeria and Saudi Arabia on Monday agreed to launch five ...
An economic system is a system that involves the production, production, distribution and consumption of goods and services between the entities in a particular society. society. (from free encyclopedia) encyclopedia) economic system is organized way in which a state or nation allocates its resources...
Since Saudi Arabia government is dedicated to the achievement of Vision 2030 among which are diversifications of the economy from oil, increase the participation of small and medium enterprises and reduction of unemployment, there is a need for this study. This study examines the impact of ...
CAIRO, March 30 (Xinhua) -- Egypt and Saudi Arabia concluded on Wednesday an agreement that the Saudi Public Investment Fund (PIF) will invest in the North African country. The move stems from the close historic ties between Egypt and Saudi Arabia and is based on the directives of the ...
King Abdullah Economic City (KAEC) is a $100 billion master-planned city under construction along Saudi Arabia's Red Sea coast. As part of a quartet of new planned 'economic' cities in the desert kingdom, the city's goal is to provide 1 million jobs for the kingdom's rapidly growing,...
The economic，trade and cultural exchange and development among Zibo City, Saudi Arabia, the UAE and Jordan In order to implement the spirit of the city's“SAN TI SAN ZHENG”activitiesandpromote the work ahead of the opening of a new bureau.Recently , the mainperson in charge of the City ...