City leader John Lee announces that Hong Kong, Saudi Arabia will soon launch talks on an agreement to enhance mutual investment flows Lee says he will also meet top executives of oil giant Saudi …
Saudi non-oil private sector activity jumps in January on higher output, orders
Growth in Saudi Arabia’s non-oil business activity accelerated in January, having hit a three-month low the previous month, a survey showed on Sunday, supported by an increase in new orders and output …
Business confidence in Saudi Arabia hits two-year high as output strengthens
Business confidence in the non-oil economy of Saudi Arabia hit a two-year high in January as output growth in the kingdom strengthened.The reading for the Arab world’s largest economy on the Riyad …
‘There is only so much patience one can have’: Biden appears to back off vow to punish Saudi Arabia
Several months after President Joe Biden promised Saudi Arabia would suffer “consequences” after the Saudi-led OPEC+ oil cartel unexpectedly announced it would cut production, the Biden administration …
OPEC+ Exports Show Russia Surges While Saudi Arabia Dials Back
Russia’s oil industry may be coming under increasingly intense international pressure, but its seaborne exports are far from retreating.
FIFA Women’s World Cup hosts ‘disappointed’ about Saudi Arabia’s reported sponsorship of tournament
Australia and New Zealand’s soccer federations say they are “disappointed” about Saudi Arabia’s reported sponsorship of the 2023 FIFA Women’s World Cup.
Saudi Arabia: Executions thwart trust in reforms
Despite Saudi Arabia’s push for transformation, analysts say that a political opening remains out of sight. But international sports events the kingdom is slated to host could make a difference in …
Saudi Arabia Pharmaceutical Market is expected to reach a valuation of US$ 13,000 Million by 2032 | FMI
The growth of Saudi Arabia’s pharmaceutical market is predicted to continue to propel over the estimation period owing to the country’s fast-rising population and large intake of expatriates. The …
Bangladesh Seeks Extended Oil Credit From Saudi Arabia
Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry said, as the South Asian nation grapples with dwindling foreign exchange reserves.
Saudi Arabia captures cycling in sports charm offensive
Cycling is the newest gem in Saudi Arabia’s expanding collection of sporting jewels as the conservative Gulf monarchy and its neighbours invest hugely in sport to burnish their international image and …