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 ... Read more
Saudi Arabias Energy Minister Seeks To Boost Ties With Germany During Visit
RIYADH: Saudi Arabia and Germany are set for increased cooperation in the fields of electricity, clean energy, and hydro... Read more
Contract Awarded To Build Private Aircraft Terminal At AlUla Airport
RIYADH: Saudi Arabia’s Royal Commission for AlUla has awarded contracts to Egis for the development of several project... Read more
SABIC Agri-Nutrients Dispatches First Shipment Of Low-carbon Ammonia To India
RIYADH: Affirming its long-standing partnership with India, SABIC Agri-Nutrients has exported its first shipment of low-... Read more
China Pushes To Digitize Mines To Make Them Safer
RIYADH: China is using “smart” technology to try to improve its safety record in coal mines, as part of a push by t... Read more
US Economy Grew At Weak 1.1% Rate In First Quarter
WASHINGTON: The US economy slowed sharply from January through March, decelerating to just a 1.1 percent annual pace as... Read more
Yen Slumps To 9-year Low Vs Euro After BOJ Maintains Ultra-low Rates
SINGAPORE/LONDON: The Japanese yen fell to a nine-year low against the euro on Friday after the Bank of Japan left its ... Read more
Oil Updates — Prices Head For Another Monthly Decline As Weak US Data Weighs
LONDON: Oil prices were heading for another monthly decline on Friday after disappointing US economic data and uncertai... Read more
Sales From Social Development Bank-backed Saudi Productive Families Exceed $3.46m In 2022
RIYADH: Sales from businesses run by Saudi families which received funding from the government-backed Social Development... Read more
UAE In-focus: ADIB Q1 Net Profits Rise 54% To $300m
RIYADH: Abu Dhabi Islamic Bank announced a 54 percent increase in net profit to 1.1 billion dirhams ($300 million) in th... Read more
Egypts Asset Sales Delay To Strain Currency Further: Moodys
RIYADH: As Egypt’s asset sales have been slower than anticipated, the pressure on currency depreciation will continue ... Read more
Closing Bell: Saudi Benchmark Index Ends The Week In Red, Slips 0.32%
RIYADH: Saudi Arabia’s Tadawul All Share Index concluded the week in the red by slipping down 36.03 points, or 0.32 pe... Read more
Saudi Arabia On Target To Outpace Vision 2030 Goals, According To Annual Report
RIYADH: Saudi Arabia’s Vision 2030 plan to diversify the Kingdom’s economy is ahead of many of its targets as it pic... Read more
Apple Tries To Woo India With Investment, Job Opportunities
NEW DELHI: Apple is trying to woo India with investment commitments, as its chief met Prime Minister Narendra Modi and ... Read more