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Tag: Saudi Arabia

Posted on March 20, 2024

Guolian Aquatic announces termination of investment deal with Saudi Arabia Public Investment Fund

Chinese shrimp specialist Zhanjiang Guolian Aquatic Products has announced the annulment of a memorandum of understanding between it and a Saudi sovereign investment fund.
Posted on March 20, 2024

UPDATE 2-Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports

(Adds details in paragraphs 5-6, background in paragraphs 8-9) March 19 (Reuters) – Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New …
Posted on March 20, 2024

UPDATE 2-Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports

(Adds details in paragraphs 5-6, background in paragraphs 8-9) March 19 (Reuters) – Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New …
Posted on March 19, 2024

Saudi Arabia Metaverse Market Share, Size, Growth, Trends, Analysis And Report 2024-2032

The Saudi Arabia metaverse market size is projected to exhibit a growth … social media, education, and business. It offers an enhanced level of interaction and immersion, creating a space where …
Posted on March 18, 2024

Oil prices climb 2% to 4-month high on lower Iraq, Saudi exports

OIL prices climbed about 2 per cent to a four-month high on Monday on lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth in China and the US. Read more at …

( read original story …)



Posted on March 18, 2024

Economic Growth Boosts Role of Finance Companies in Saudi Arabia

Saudi Arabia’s efforts to boost its economy and encourage local investments have led to a significant rise in loans provided by finance companies, reaching the highest levels in almost four years.
Posted on March 18, 2024

Economic Growth Boosts Role of Finance Companies in Saudi Arabia

Saudi Arabia’s efforts to boost its economy and encourage local investments have led to a significant rise in loans provided by finance companies, reaching the highest levels in almost four years.
Posted on March 18, 2024

Residential mortgage loans in Saudi Arabia rises to 11-month high in January

In January 2024, banks in Saudi Arabia disbursed residential mortgage loans amounting to SR7.54 billion (USD2 billion), marking the highest level in …
Posted on March 18, 2024

Saudi real estate: Global Muslim HNWIs eye branded residences in holy cities Makkah, Madinah

The report underscores the significant pent-up demand and untapped potential for branded residences in Saudi Arabia’s holy cities to drive real estate investment from wealthy Muslims globally …

( read original story …)



Posted on March 18, 2024

Egyptian Natural Gas Holding to expand in Saudi Arabia

The Egyptian Natural Gas Holding Co. (EGAS) has established a subsidiary in Saudi Arabia with initial capital of SAR 2 million ($530,000), Egypt’s Ministry of Petroleum said on Sunday.

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