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Zamil Industrial Investment appoints new CEO
Zamil Industrial Investment Company, a premier business group engaged in the development of innovative solutions for use in the construction industry, has appointed Ahmed Zaatari as its Chief Executive Officer […]
Lucid to receive $1bn from PIF affiliate via new stock
Electric carmaker Lucid announced an additional $1 billion investment from Saudi Arabia’s Public Investment Fund in a move which saw its shares rise 18 percent. The money is coming via […]
Council of Economic and Development Affairs reviews local, global issues
Local and global advances and public agencies’ performance were in focus during a virtual meeting held by Saudi Arabia’s Council of Economic and Development Affairs. Operating under the council of […]
Saudi Arabia’s non-oil exports up 0.8%, latest official figures show
Saudi Arabia’s non-oil exports increased 0.8 percent in January compared to the same month in 2023, official data showed. According to the report released by the Kingdom’s General Authority for Statistics, […]
Saudi Ministry of Investment, tech firm Endava sign MoU to propel digitalization efforts
Saudi Arabia’s digital advancement will soon accelerate thanks to a new agreement signed by the Kingdom’s Ministry of Investment with global tech company Endava. The memorandum of understanding with the London-based firm, which is […]
Saudi Arabia selected to chair WTO Dispute Settlement Body
Saudi Arabia’s permanent representative to the World Trade Organization was selected to chair the entity’s Dispute Settlement Body for the year 2024-2025. According to a release, Saqer Al-Moqbel was appointed […]
