In response to Saudi Arabia’s oil sector recovery amid the pandemic, Finance Minister Mohammed Al-Jadaan says that the kingdom has weathered worse oil crises and geopolitical situations in the past.
Majority of UAE and Saudi business leaders now comfortable with shift to remote work
Majority of organisations in the UAE and Saudi Arabia, which were not well prepared for the sudden shift to remote work due to Covid-19, are now comfortable with remote working and are now investing …
Nearly all UAE, Saudi firms now ‘comfortable’ with remote work
Most businesses in the UAE and Saudi Arabia are getting more used to the idea of having their teams work outside their offices, according to new research. In a survey conducted by Riverbed, an …
G20: Coronavirus Economic Recovery, Looming Debt Crisis Main Topics During Virtual Talks Led By Saudi Arabia
G20 nations are looking at various policy tools to boost the global economy amid the pandemic, with these countries also looking at extending debt relief for some of the world’s poorest nations.
Russia considers Saudi Arabia as trial site for COVID-19 vaccine
Russia may use Saudi Arabia as a trial site for its experimental coronavirus vaccine, the head of Moscow’s sovereign wealth fund said this week. A 100-person trial of a Russian-manufactured vaccine is …
Saudi Arabia’s WTO candidate says reform necessary for organisation
GENEVA, 17th July, 2020 (WAM) — Saudi Arabia’s candidate to head the World Trade Organisation (WTO) said on Friday that the organisation was in a state of stagnation and that reform was necessary.
Power China projects bring prosperity to host nations
Its projects in Bosnia and Herzegovina, Iraq, the Democratic Republic of Congo, Zimbabwe, Saudi Arabia, Laos and elsewhere are back on track. At the beginning stage of the COVID-19 pandemic, Power …
Syria: Victory Dies In The Darkness
July 16, 2020: The U.S. and Saudi Arabia, along with five other Persian Gulf Arab states, announced a coordinated series of sanctions against three money transfer companies plus individuals in Turkey …
IMF did not recommend Saudi Arabia VAT tripling, official says
The International Monetary Fund did not recommend the decision taken by Saudi Arabia to triple value-added tax this month, an official said, cautioning against increasing consumption taxes in the …
Saudi Arabia, US blacklist targets in Turkey, Syria for terrorist financing of ISIS
File photo of smoke rising in Syria’s Raqqa in 2017 during fights between the Syrian Democratic Forces (SDF) and ISIS militants. (Reuters) Saudi Arabia added six entities, including money transfer …