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Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official
Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive. In an interview with Arab News on […]
China’s central bank governor highlights key challenges for emerging markets at AlUla conference
Emerging market economies are facing escalating challenges, including geopolitical tensions, sluggish global growth, financial volatility, and increasing public debt, according to the governor of the People’s Bank of China. Speaking […]
Ministers urge fiscal discipline, smart investment to tackle debt challenges at Saudi forum
Effective debt restructuring requires a thorough understanding of its root causes, said the Russian finance minister at the AlUla Conference for Emerging Market Economies. Speaking during a panel titled “High […]
Financial discipline crucial while pursuing economic diversification efforts: Qatari minister
Maintaining financial discipline is crucial for countries in the Middle East as they work to diversify their economies and reduce reliance on energy revenues, according to a Qatari minister. During […]
Saudi Arabia’s Northern Borders region holds $1.22tn in mining resources
Saudi Arabia’s Northern Borders region, home to an estimated SR4.6 trillion ($1.22 trillion) in mineral resources, is emerging as a key driver of economic growth and investment, according to the […]
Russia’s Siluanov visits Saudi Arabia ahead of Russia-US talks
Russian Finance Minister Anton Siluanov visited Saudi Arabia on Sunday ahead talks between Russia and the United States in the Kingdom scheduled for next week. Siluanov was speaking at an […]
Global financial leaders convene in Saudi Arabia to address emerging market risks
Sovereign debt risks, structural reforms, and trade policies take center stage as global financial leaders and policymakers convened in Saudi Arabia for the first AlUla Conference for Emerging Market Economies. […]
Saudi EXIM Bank and ITFC Sign Financing Agreement for Alizz Islamic Bank
Saudi Export-Import Bank (Saudi EXIM) and the International Islamic Trade Finance Corporation (ITFC) have signed an implementation agreement for a $5 million line of financing in favor of Alizz Islamic […]
Minister of Transport Underscores Private Sector’s Role in Advancing Transport and Logistics
Minister of Transport and Logistic Services Saleh Al-Jasser emphasized the private sector’s pivotal role in the transport and logistics ecosystem, highlighting its expanding contributions. He noted that 80% of investment […]
‘Saudia’ Expands Flight Network with Over 10 New Destinations in 2025
Saudi Airlines (Saudia) has announced the addition of more than ten new destinations to its flight network for 2025, including Vienna, Venice, Larnaca, Athens, Heraklion , Nice, Malacca, Bali, Antalya, […]
