Aramco Awards $1 Billion in offshore Contracts to Italy’s Saipem
RIYADH: Under its current long-term contract with Aramco, the Italian engineering company Saipem has won two $1 billion offshore contracts...
Saudi Arabia participates in the Egypt International Aviation Exhibition
Saudi Arabia is participating in the inaugural Egypt International Aviation Show 2024, which got underway on Tuesday at the northern...
First-ever Wood and Warehousing Expo Held in Riyadh
RIYADH: In keeping with the country’s Vision 2030 initiative, two concurrently held expos in Riyadh are intended to assist the Saudi...
CMA Chief: In the Saudi Capital Market, 25% of Transactions are Algorithmic Trading
Algorithmic trading accounts for about 25% of all transactions in the Saudi capital market, according to Mohammed Al-Khuwaiz, president of...
The Saudi Fintechs XSquare, NeotTek, and MoneyMoon are Granted Sandbox Permits by SAMA
The Saudi Central Bank has granted permission to the Saudi fintech startups XSquare, NeotTek, and MoneyMoon to test their products in its...
The Non-Oil Sector in Saudi Arabia is Growing Again as the PMI Hits 54.8
On the Riyad Bank’s Purchasing Managers’ Index, Saudi Arabia’s non-oil sector witnessed its first increase since...
The 24th Fintech Conference in Saudi Arabia Begins in Riyadh, Showcasing the Sector’s Explosive Expansion and Bright Future
Tuesday marked the start of the 24 Fintech conference in Riyadh, which is a significant event for Saudi Arabia’s rapidly developing...
The Riyadh Science and Tech Festival is in Progress
RIYADH: The development of scientists is the goal of the 2024 STEAM Festival, which got underway at the King Salman Science Oasis on...
Big International Companies will Pay a 15% Profit Tax in Bahrain
RIYADH: Foreign companies doing business in Bahrain will now have to pay a 15 percent tax on profits made in the country if their total...
Shoura Council and Senior Scholars Council are Reconstituted by King Salman
The person in charge of the two holy mosques. On Monday, King Salman issued two royal orders reconstituting the Council of Senior Scholars...
