Prolonged Gaza ceasefire could be a 'door opener' into Israel for Saudi Arabia and other Arab nations: analysts Published17 January 2025 2:49 GMT Field Development Aramco nears finish line for four multibillion-dollar offshore oilfield expansion deals ...
Crown Prince Mohammed bin Salman designated “King Salman Automotive Cluster" as the official name of the automotive manufacturing zone within King Abdullah Economic City (KAEC), the Saudi Press Agency reported. The cluster is a crucial step in Saudi Arabia’s economic... ...
Saudi Arabia elevator and escalator market is expected to grow at a CAGR of over 5% from 2023 to 2029 and is expected to reach 16.01 thousand units by 2029 from 11.5 thousand units in 2023.
Nevertheless, King Faysal of Saudi Arabia was not only a major force in pushing for the establishment of the organization, Saudi Arabia is also the largest net contributor to the organization’s budget and its seat, which gives it weight in the organization.93 The aim was to establish Islamic...
China brokered a negotiation between Iran and Saudi Arabia. The two have agreed to begin the path towards normalization of relations. Joint Trilateral Statement by the Kingdom of#SaudiArabia, the Islamic Republic of#Iran, and the People’s Republic of#China.pic.twitter.com/MyMkcGK2s0 ...
The Kingdom of Saudi Arabia bought US$157.4 billion worth of imported products from around the globe in 2023. That estimated dollar metric grew by 9% from $144.3 billion five years earlier in 2019. Year over year, Saudi Arabian spending on imports dropped by -17.1% compared to $189.9 billi...
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Net-Zero Without Cutting Oil Production Saudi Arabia’s diversification efforts appear to be paying off: the Ministry of Economy and Planning has revealed that non-oil revenues hit 50% of the Kingdom's gross domestic product (GDP) in 2023, the highest level ever. The country’s ...
Group reports first-quarter net income of $32bn as oil prices decline April 16 2023 Public Investment Fund of Saudi Arabia Saudi Arabia boosts sovereign wealth fund with transfer of $80bn Aramco stake Kingdom adds firepower to the Public Investment Fund tasked with overhauling economy ...
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