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Moody’s upgrades Saudi Arabia’s rating on economic diversification
Global credit ratings agency Moody’s upgraded Saudi Arabia’s rating to “Aa3” from “A1” on Friday, citing the country’s efforts to diversify beyond its oil economy. The world’s leading oil exporter […]
Riyadh Metro to kick off first phase on Nov 27, includes 3 lines
On November 27, Saudi Arabia will mark a significant milestone in its urban transformation with the launch of the first phase of the Riyadh Metro. The metro features six routes […]
Riyadh Metro: 5 ways it will boost transport in Saudi’s biggest city
On November 27, 2024, Riyadh will witness a significant milestone with the inauguration of the first phase of its metro system. This initial launch will see three of the six […]
Saudi Tourism Authority launches Ramlah Company for Tourist Trips and Resorts
Saudi Tourism Authority (STA) has inaugurated the Ramlah Company for Tourist Trips and Resorts to organize activities in Hail, one of the featured destinations of the Saudi Winter Season. The […]
Saudi Arabia forms new committee to spur private sector role in petrochemicals
Saudi Arabia has established its first-ever national committee for energy and petrochemicals under the Federation of Saudi Chambers, aimed at enhancing private sector participation in these key industries. With investments […]
Saudi Arabia’s non-oil exports surge 16.8% in Q3: GASTAT
Saudi Arabia’s non-oil exports reached SR79.48 billion ($21.17 billion) in the third quarter of 2024, a rise of 16.76 percent compared to the same period in 2023, according to official […]
Saudi Arabia raises $910m in November sukuk offering
Saudi Arabia’s National Debt Management Center has completed its riyal-denominated sukuk issuance for November, raising SR3.41 billion ($910 million), a 28.19 percent year-on-year increase. In October, the Kingdom issued sukuk […]
Saudi Arabia, China, Iran meet to advance Beijing Agreement
The second meeting of the Saudi-Chinese-Iranian Joint Tripartite Committee to follow up on the Beijing Agreement was held in Riyadh on Tuesday, the Saudi Press Agency reported. Saudi Deputy Foreign […]
Saudi Arabia foreign minister urges a balanced energy transition at G20 Summit session
Saudi Arabia’s foreign minister highlighted the importance of a balanced, inclusive approach to energy transition while ensuring global energy security and sustainable development at a Group of 20 session on […]
Saudi Arabia’s National Housing Co. launches 11 residential projects in Riyadh’s Khuzam area
Saudi Arabia’s National Housing Co. has launched 11 projects in Riyadh’s Khuzam area, offering over 10,000 units to meet growing demand for quality housing in the Kingdom. These developments, including […]
