Saudi non-oil sector grows fastest in 19 months
Saudi Arabia’s non-oil private sector saw the fastest improvement in business conditions in June for 19 months amid further increases ...
Country: Kingdom of Saudi Arabia
Chinese fund SRF buys 49 percent stake in Acwa Power unit
Silk Road Fund (SRF), a state-owned investment fund of the Chinese government, has reached an agreement with Saudi-based Acwa Power, ...
Alexandria discusses investing $5bn in establishing petrochemical plants
Governor of Alexandria Abdel Aziz Qensua announced discussing the establishment of a complex of petrochemical plants with investments of about ...
Sisi discusses with Saudi CP boosting economic, investment ties
President Abdel Fatah al-Sisi had talks with Saudi Crown Prince Mohamed bin Salman on means of boosting relations between Egypt ...
Saudi Arabia awards $13.3bn project contracts in Q1
Saudi Arabia's construction industry witnessed a strong uptick during the first quarter on the back of SR48.9 billion ($13.3 billion) ...
Saudi non-oil growth to top 2.9 percent this year
Saudi Arabia's non-oil sector growth will accelerate to 2.9 percent in 2019, as the increasing government spending and reforms implementation ...
Iraqi FM phones UAE, Saudi, Egyptian counterparts, talks boosting ties
Iraq's Foreign Minister Mohamed al-Hakim has contacted his Emirati, Saudi and Egyptian counterparts, to stress the keenness to develop bilateral ...
Bahrain to get $2.3bn from Gulf allies in 2019
Bahrain said it would receive about $2.3 billion this year from a five-year support package provided by its Gulf Arab ...
Suez, Samsung, Orascom in race for big Saudi sewage plant
Saudi Arabia's Water & Electricity Company (WEC) said 10 global industry giants have been prequalified to bid for the development ...
Saudi economy likely to grow at 2-2.5 percent over next 5 years
Saudi Arabia's economy is expected to grow at 2 to 2.5 percent per annum over the next five years, according ...
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