In November 2024, Saudi Arabia awarded 11 exploration licenses for six sites spanning a total of 850 sq. km across Riyadh, Makkah, and Asir. These permits, issued under the Accelerated Exploration Program, are part of a competitive initiative to unlock underutilized resources and attract domestic...
SAUDI ARABIA: Ministry commissions first phase of Ras Al-KhairSaudi Arabia's Ministry of Water and Electricity has announced the commissioning of the first phase of the Ras Al-Khair desalination plant, which will ultimately be the world's largest at 1.025M.m3/day of water.Cat Fitzpatrick...
“As additional measures to protect the rights and welfare of migrant workers are put in place, the ministry recommends for temporary ban of recruitment and export of domestic workers to Saudi Arabia,” Mr Kamau said. Mr Kamau said since a parliamentary committee visit in 2019 to Saudi Arabia,...
Saudi Arabia’sMinistry of Commerce(MOC) announced on 13 August 2020 that it has fined 44 online sellers for breaches of the country’sE-Commerce Law 2019which came into force in October of last year. The law’s related executive regulations were subsequently issued by theMOCin January this y...
Saudi Ministry of Energy: Saudi Arabia will continue to implement voluntary oil production cuts throughout 2024.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. ...
“Saudi Arabia is advancing fast toward achieving its vision to foster one of the world’s most attractive tourism sectors and achieve the highest sustainable impact for its growth. By creating jobs and prioritizing sustainability, the Kingdom is not only future-proofing its economy...
Ministry of Investment of Saudi Arabia (MISA) signed a memorandum of understanding to bolster economic cooperation and foster innovation in key sectors in the Kingdom of Saudi Arabia. This strategic partnership, formalised by HE Khalid A. Al-Falih, Minister of Investment of Saudi Arabia, and ...
HONG KONG, Dec. 21, 2023 /PRNewswire/ -- Ministry of Investment of Saudi Arabia, Regal Hotels Group and Cosmopolitan International Group announce MoU for Hotel Development and Management
As a member of the G20 countries, Saudi Arabia Ministry of Foreign Affairs is focused on providing training and development programs to equip and match Saudi talent with international opportunites. With Oracle Cloud HCM, the Ministry will be among the first to adopt a cloud first p...
The Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) has signed a Memorandum of Understanding on Cooperation in the field of tourism between the two destinations, The Bahamas and Saudi Arabia. The Memorandum of Understanding is a pledge that has been agreed between the two ...