Saudi Arabia is Investing More on Education as POS Transactions Reach $2.9 Billion
According to official figures, Saudi Arabia’s point-of-sale expenditure in the week ending July 20 hit SR10.9 billion ($2.9 billion),...
Growing Geopolitical Concerns in the Middle East have Led to a Report Stating that Sovereign Investors are Investigating Developing Economies
A report stated that due to worries about geopolitical tensions, Middle Eastern sovereign investors are prioritizing India and other...
To Employ GE Aerospace’s Software, Riyadh Air Enters a Five-Year Contract
The airline, Riyadh Air, said that it has inked a five-year contract to utilize GE Aerospace’s flight operations software on Monday....
$15 Million is Invested by Wa’ed Ventures of Saudi Aramco in Rebellions, a South Korean Chipmaker
Wa’ed Ventures, the growth capital division of the massive energy company Saudi Aramco, has invested $15 million in the chipmaker...
Saudi Arabia Solicits Bids for Five Licenses in an Effort to Increase Mineral Exploration
The greatest mineralized belts found in Saudi Arabia to date are spread across 4,788 square kilometers and include five new exploration...
Oil Updates: As Investors Search for Clues, Prices Climb US Interest Rate Reductions will Start
Early on Monday, oil prices increased as traders watched for indications of a cycle of rate cuts that may start as early as September,...
National Housing Co. Collaborates with Naver, a Korean Company, to Further Smart City Initiatives in the Kingdom
With the National Housing Co.’s partnership with the Korean digital company Naver Corp. to improve smart city solutions, the Saudi...
Saudi Arabia Now Owns $136.3 Billion Worth of US Treasury Bonds, a Rise of 22.46% Year Over Year
May saw a $136.3 billion increase in Saudi Arabia’s holdings of US Treasury notes, up from $111.3 billion in 2023. The figures...
Financial Expertise With A Personal Touch: Hassan A. Khatib’s Story
Hassan A. Khatib’s journey from Lebanon to becoming the Associate Director of KPMG Saudi is a story filled with passion, hardships,...
IMF Applauds Saudi Arabia’s Revisions to its Vision 2030 Initiatives
The latest recalibrations and modifications made by Saudi Arabia on a few of its megaprojects under Vision 2030 have been warmly received...
