OPEC Head: Oil Will Continue to be Vital to Future Energy Pathways
The OPEC secretary-general predicts that oil will remain a key component of future energy pathways since petroleum products are necessary...
Korea-Saudi Economic Relations will Expand Following an Official Visit
Following a visit to Seoul by a group from the Kingdom headed by the minister of commerce, trade between Saudi Arabia and Korea is expected...
Saudi Arabia Increases Funding for 98 Municipal Positions and Initiatives by 20%
The financial support for about 98 jobs and activities in the housing and municipal sectors will be increased by 20 percent for the Saudi...
Top 10 Female Leaders Redefining Leadership in the GCC
In the rapidly evolving business landscape of the Gulf Cooperation Council (GCC), female leaders are at the forefront of a remarkable...
Updates on Oil Prices: a Third Week of Decreases is Anticipated
Although there was a tiny increase in oil prices on Friday, they are still expected to decrease for a third straight week due to sluggish...
Saudi Airways Plans to Purchase 160 Airbus Aircraft
Flynas, a low-cost airline based in Saudi Arabia, has secured an agreement to buy 160 Airbus aircraft, increasing its order total to 280...
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...
