SME financing in Saudi Arabia surges 20.4% in Q4 of 2023
Financing provided to small and medium enterprises in Saudi Arabia surged by 20.4 percent year on year to $73.5 billion in the fourth quarter of 2023, official data showed. In […]
King Khalid International tops Saudi airport rankings with 82% compliance rate: GACA report
Saudi Arabia’s King Khalid International Airport emerges as one of the top three performing terminals in the Kingdom, according to official data. The Riyadh-based aviation facility topped the category for […]
Saudi Arabia’s non-oil exports up 3.3%: GASTAT
Saudi Arabia’s non-oil exports, including re-exports, saw an annual increase of 3.3 percent in the first quarter of this year, official data showed. According to the latest report released by […]
Lebanon’s reforms insufficient for recovery, IMF says
Lebanon’s economic reforms are insufficient to help lift the country out of its economic crisis, the International Monetary Fund said on Thursday. Ernesto Ramirez Rigo, the head of the IMF […]
Italy’s Fincantieri launches Saudi shipbuilding unit to strengthen collaboration
Italian shipbuilder Fincantieri plans to enhance collaboration with Saudi Arabia through a newly established unit, the company said. Fincantieri Arabia will bolster the Kingdom’s Vision 2030 development agenda in the cruise, […]
Saudi aviation sector surges with over $20bn in deals at Riyadh forum
Saudi Arabia’s aviation sector received a major boost with over 100 agreements, exceeding SR75 billion ($20 billion), signed during the first two days of the Future Aviation Forum. The Riyadh […]
Saudi Arabia rises 9 spots in WEF’s global tourism index
Saudi Arabia has climbed nine spots to rank 41 on a global tourism index – marking the Gulf region’s largest improvement – thanks to its strengthening infrastructure, corporate presence, and major business centers. […]
Saudi deputy foreign minister offers condolences to Iran over death of president
Saudi Arabia’s deputy minister of foreign affairs, Waleed Elkhereiji, on Tuesday offered condolences and sympathy to Iran following the deaths of President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian in […]
Saudi, Japanese culture ministers discuss cooperation
Saudi Arabia’s Minister of Culture Prince Badr bin Farhan met in Tokyo on Tuesday his Japanese counterpart Masahito Moriyama. The pair discussed enhancing cultural cooperation between the two countries within […]
Deputy minister receives newly appointed Chinese ambassador to Saudi Arabia
Saudi Deputy Minister for International Multilateral Affairs Abdulrahman Al-Rassi received the recently appointed Ambassador of China to the Kingdom Chang Hua on Tuesday in Riyadh. Al-Rassi welcomed the ambassador and […]
