Once the center of early civilization’s Fertile Crescent, oil reserves were found in Saudi Arabia’s deserts soon after the nation was founded, quickly making it the world’s top exporter and bringing skyrocketingeconomic growth. Saudi Arabia is estimated to sit on a quarter of the world’s ...
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News and Current Events Geography Saudi Arabia occupies most of the Arabian Peninsula, with the Red Sea and the Gulf of Aqaba to the west and the Persian Gulf to the east. Neighboring countries are Jordan, Iraq, Kuwait, Qatar, the United Arab Emirates, the Sultanate of Oman, Yemen, and...
Oil Prices and News Oil prices rise more than 2% ahead of OPEC+ meeting Tue, Dec 3rd 2024 Economy Can Saudi Arabia keep pace with its ambitious mega-project spending spree? Mon, Nov 25th 2024 World Economy Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks Wed, ...
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...
RIYADH: Saudi Arabia has revised its unemployment rate target to 5 percent by 2030, down from the previous goal of 7 percent, as part of Vision 2030’s ambitions, an official revealed. During a panel discussion at the Budget Forum 2024, the Minister of H
See all the latest News from the Kingdom of Saudi Arabia on KSA.com Economic At the Supply Chain and Logistics Conference, agreements totaling SAR 8.3 billion are signed. The Supply Chain and Logistics Conference 2024 in Riyadh, under the patronage of Minister Eng. Saleh bin Nasser Al-Jasser...
RIYADH: Saudi Arabia is focused on achieving high-quality growth through sustainable non-oil activities, aiming to boost private sector dynamism and productivity, while ensuring continued economic progress that goes beyond short-term expenditures, a mini