Container Handling at Saudi Arabia’s Dammam Port Rises by 37.4%
The first half of 2024 saw a noteworthy 37.4% year-over-year rise in container handling in Saudi Arabia’s King Abdulaziz Port in...
Moody’s Maintains the AAA Rating of the Islamic Development Bank
Motivated by the Islamic Development Bank’s strong asset performance, Moody’s Investor Services has maintained the financial...
Through Cooperative Ventures, Saudi Arabia and Brazil Hope to Forge Closer Economic Connections
The “remarkable development” of economic relations between Saudi Arabia and Brazil has been praised after high-level meetings....
May Saw a Two-Year High for Saudi Arabia’s Non-Oil Exports of $7.70 Billion, According to GASTAT.
In May, non-oil exports from Saudi Arabia reached a two-year high of SR28.89 billion ($7.70 billion), up 8.2 percent over the same month in...
The First AI Center in the Saudi Banking Sector is Introduced by Riyad Bank
The use of artificial intelligence technology by a prominent bank has resulted in a notable development in digital banking in Saudi Arabia...
Saudi Arabia Presents Mining Prospects to Brazil as Part of a Ministerial Visit
During a visit by its top minister to the South American nation, Saudi Arabia extended an invitation to Brazilian businesses to engage in...
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...
