Saudi-US trade and investment volume hits $55bn, US Embassy in Riyadh reveals
RIYADH: Trade between the US and Saudi Arabia has rocketed by 122 percent since 2021, according to new figures released ...
Country: Kingdom of Saudi Arabia
Middle East’s real-time transaction growth driven by Saudi Arabia, says new report
RIYADH: Saudi Arabia recorded 352 million real-time payment transactions in 2022 amid its push to modernize the country’s payments infrastructure ...
Saudi Arabia offers 50 investment opportunities worth over $25bn in machinery, equipment sector
RIYADH: Saudi Arabia will offer 50 investment opportunities worth over $25 billion in the machinery and equipment sector as part ...
Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals
RIYADH: Saudi families have received more support to own their homes after SR933 million ($248 million) were deposited into their Sakani accounts ...
First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. It represents ...
MODON attracts $890m investment from private sector in Q1
RIYADH: Private sector investment continues to rise in Saudi Arabia’s industrial sector, with the Kingdom managing to attract as much ...
Saudi business activity in March keeps up the momentum: PMI report
RIYADH: Saudi private sector output and new businesses creation saw a marked increase in March, leading to surge in staffing ...
Aramco, DHL to build procurement and logistics hub for the energy sector
Saudi Aramco announced a new end-to-end procurement and logistics hub joint venture with logistics firm DHL Supply Chain. The new ...
Saudi Arabia real estate: PIF-backed firm signs largest deal valued at $1.5bn
The Saudi Real Estate Refinance Company (SRC), owned by the Public Investment Fund (PIF), has signed a portfolio purchase agreement ...
Saudi Arabia issues 124 licenses to industrial units in different sectors in January
RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources issued licenses to 124 industrial units in January, according to an ...
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