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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 […]
Saudi inflation holds steady at 1.9% despite global price pressures: GASTAT
Saudi Arabia’s annual inflation rate reached 1.9 percent in October compared to the same month last year, driven primarily by higher housing costs, official data showed. According to the General […]
Saudi PIF raises over $1bn with 2% stc stake sale
Saudi Arabia’s Public Investment Fund has raised SR3.86 billion ($1.03 billion) through the sale of a 2 percent stake in telecom firm stc. The offering, consisting of 100 million shares […]
Saudi Arabia’s industrial production holds steady in September: GASTAT
Saudi Arabia’s industrial production held steady in September, showing a slight year-on-year decrease of 0.3 percent due to a modest decline in manufacturing output, official data showed. According to data […]
Biban 24 concludes with $9bn in deals, boosting Saudi Arabia’s SME sector
Agreements exceeding SR35.4 billion ($9.42 billion) were signed at Biban 24 in Riyadh, an event organized by the General Authority for Small and Medium Enterprises, also known as Monsha’at The […]
Qiddiya launches executive office to strengthen engagement with business partners
Qiddiya Investment Co., fully backed by Saudi Arabia’s Public Investment Fund, has launched an executive office dedicated to overseeing destination marketing and management. The new office, called “Spirit of Play,” […]
Up to 77% of Swedish firms in Saudi plan to boost investment over the next year, official says
Up to 77 percent of Swedish companies operating in Saudi Arabia plan to increase their investment over the next year, according to a top official from the European country. In […]
Saudi Aramco reports $27.52bn net profit in Q3
Energy giant Saudi Aramco reported a net profit of SR103.37 billion ($27.52 billion) in the third quarter of this year, exceeding analyst expectations, which projected a median net income of […]
