GASTAT: In 2023, the Saudi FDI Balance will have Increased 13.4% to SR897 Billion
Saudi Arabia’s overall foreign direct investment (FDI) balance increased by 13.4% from SR791 billion at the end of 2022 to SR897.34...
Prince Khalid bin Salman Talks with Italian Businesses on Military Cooperation
On Wednesday, Saudi Defence Minister Prince Khalid bin Salman met with the leaders of significant Italian businesses to discuss the...
Despite a General Decline in POS Transactions, Hotel Expenditure in Saudi Arabia Increased by 8.5%
RIYADH: Despite a general drop in point-of-sale transactions, hotel spending in Saudi Arabia increased by 8.5 percent for the week of...
Saudi Arabia’s $26 Billion in 2023 FDI Inflows Exceed its Goals
RIYADH: According to new figures, Saudi Arabia received SR96 billion ($25.6 billion) in foreign direct investment in 2023, a 50% yearly...
Scientists on Stanford’s list of the Most Cited Researchers are Honoured by KFSHRC
RIYADH: Over the past year, 28 of the scientists at King Faisal Specialist Hospital and Research Centre have been recognised by Stanford...
In 2024, the Conflict in Lebanon may Result in a 9.2% Decline in GDP
UNITED NATIONS: The United Nations warned Wednesday that fighting in Lebanon could further destabilise the economy, which has already been...
Kingdom of Saudi Arabia Promotes Global Economic Cooperation
JEDDAH: At the annual gathering of international financial institutions in Washington, Saudi Arabia called for increased multilateral...
Al-Jalajel Starts a License Program for Digital Heath Medical Software Developers
Fahad Al-Jalajel, the Saudi Food and Drug Authority’s (SFDA) Minister of Health and Chairman of the Board of Directors, started a...
Italy and Saudi Arabia will Strengthen their Defence Collaboration
Saudi Defence Minister Prince Khalid bin Salman and his Italian counterpart Guido Crosetto held an expanded bilateral discussion Tuesday in...
As Part of a $1.5 Billion Investment, Oracle’s second Public Cloud Region in Riyadh is Currently Operational
RIYADH: Oracle Corp., a technology company, has formally opened its second public cloud region in Riyadh to customers. The area provides...
