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Day: December 18, 2024

Saudi tourism sector workforce grows 5.1%: GASTAT

Saudi Arabia’s tourism sector added jobs at a steady pace in the second quarter of 2024, with the workforce growing 5.1 percent year on year to 959,175, official data showed. […]

Saudi hotel sector sees 10% spending growth despite overall POS dip: SAMA

Spending in Saudi hotels saw a weekly rise of 10.4 percent between Dec. 8 and 14, reaching SR349.2 million ($92.9 million), according to official data. The latest point-of-sale bulletin released […]

Saudi Arabia launches duty exemption for industrial inputs to boost exports

The Saudi Export Development Authority has launched a new service, “Exemption for Export,” aimed at enhancing Saudi Arabia’s industrial competitiveness. The initiative, developed in collaboration with the Ministry of Industry […]

Saudi Arabia has extracted lithium from oilfield runoffs, says vice minister

Saudi Arabia has successfully extracted lithium from brine samples from Aramco’s oilfields and plans to launch a commercial pilot program for direct extraction soon, the Saudi vice minister of mining […]

Saudi Cabinet approves standard incentives for industrial sector

Saudi Arabia’s Cabinet has approved a set of standardized incentives aimed at boosting the Kingdom’s industrial sector, marking a significant step in the nation’s ongoing efforts to diversify its economy. […]

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