August Sees a 1.6% Increase in Saudi Arabia’s Inflation Rate: GASTAT
RIYADH: According to official data, Saudi Arabia’s annual inflation rate increased to 1.6% in August from the previous month due to...
The AlUla Dates Festival Promotes Regional Farming
Riyadh: This week saw a great turnout of farmers and investors for the AlUla Dates Festival, which is organised by the Royal Commission for...
The Total Profit of Saudi Banks hits a record $2.1 Billion, while Loans Total $744.4 Billion
RIYADH: According to recently released data, the total profit of Saudi banks before zakat and tax hit an all-time high of SR7.83 billion...
Festival in Riyadh Honours the “Father of Chemistry
Riyadh: For his groundbreaking work, Muslim scientist Jabir ibn Hayyan is referred to as the “father of chemistry.” He...
Projects KSrelief is Working on to Ensure Food Security in Sudan, Lebanon, and Yemen
RIYADH: As part of its food security project, the Saudi humanitarian organisation KSrelief has persisted in supplying food aid to the most...
Without a Palestinian State, Saudi Arabia and Israel Cannot Normalise Relations: Prince Turki
LONDON: Prince Turki Al-Faisal, the former head of the Kingdom’s intelligence services, has warned that normalisation of relations...
Things Could get Better: The First Local Elections in ten Years will be Held for Young Kashmiris
NEW DELHI: Although Nasir Khuehami and his family have never participated in a mainstream election in Jammu and Kashmir, he is currently...
Saudi Arabia Showcases space Developments During the G20 Summit in Brazil
RIYADH: From September 11 to 13, the Saudi delegation attended the fifth G20 Space Economy Leaders Meeting in Foz do Iguacu, Brazil, under...
Notwithstanding Difficult Circumstances, MENA Private Equity Deals Reach $5.9 Billion in H1
RIYADH: Despite difficult market conditions, private equity investments in the Middle East and North Africa reached $5.9 billion across 49...
To Promote Foreign Investment, Egypt Introduces Tax Reforms
RIYADH: To improve ties with investors and tackle economic issues, Egypt has unveiled the “first step” of a new tax...
