The kingdom is embracing business as usual, hosting an investment forum … By Vivian Nereim, Kate Kelly and Ahmed Al Omran Reporting from Riyadh, Saudi Arabia and Jeddah, Saudi Arabia As the curtain rose this week on an annual investment forum hosted …
FII: Hong Kong firm ASPACE signs deal to build Saudi Arabia’s aerospace sector from scratch, to invest US$200 million
ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Hong Kong Aerospace Technology Group, has signed an agreement with Saudi Arabia to develop satellites and will invest an initial amount of US$200 million in the project.
Interview: Saudi deputy minister says business cooperation with China has “infinite possibilities”
and the possibilities of the two countries’ business cooperation are “unlimited.” In an interview with Xinhua on Wednesday, the Saudi official said the cooperation between Saudi Arabia and China in trade and investment has been improving over the years.
Yemen’s ‘No War, No Peace’ Limbo Is Holding—for Now
Yemen has been in a state of limbo, its messy, regionalized conflict on hold but unresolved. And that’s unlikely to change—for the better, at least—soon. Even if Saudi Arabia and the Houthis agree to …
Watch CNBC’s full interview with Saudi Finance Minister Mohammed al-Jadaan
Watch CNBC’s full interview with Saudi Arabia’s Finance Minister Mohammed al-Jadaan. Speaking to CNBC’s Dan Murphy at the Future Investment Initiative, al-Jadaan called for de-escalation in the region …
Watch CNBC’s full interview with Saudi Finance Minister Mohammed al-Jadaan
Watch CNBC’s full interview with Saudi Arabia’s Finance Minister Mohammed al-Jadaan. Speaking to CNBC’s Dan Murphy at the Future Investment Initiative, al-Jadaan called for de-escalation in the region …
Bangladesh to import 1.5mn metric ton of crude oil from Saudi Aramco, UAE’s Adnoc
Bangladesh will import 1.5 million (15 lakh) metric ton of crude oil from Saudi Arabia and United Arab Emirates (UAE) for the year 2024.The Cabinet Committee on Economic Affairs (CCEA) in a virtual …
As Israel-Hamas war rages, global finance chiefs in Saudi sound gloomy note
Wall Street’s top financiers struck a pessimistic tone about the global economy at a flagship gathering in Saudi Arabia.
Saudi Arabia to enforce January deadline to move regional HQs to Riyadh
RIYADH, Oct 25 (Reuters) – Saudi Arabia will implement its January 2024 deadline requiring international firms that wish to secure government contracts in the kingdom to locate their regional headquarters to Riyadh, the finance minister said on Wednesday.
War, Not Money, Dominates Saudi Arabia’s Major Investor Summit
A major conference of international business and finance leaders in the Saudi Arabian capital of Riyadh about economic transformation has been overshadowed by the only thing on everyone’s mind: war involving Israel.