Saudi Arabia and the United Arab Emirates have signed a Memorandum of Understanding (MoU) to enhance cooperation in electricity grid interconnection and rail transport. This agreement aims to boost regional …
Category:
Business
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Saudi Arabia’s Finance Ministry has announced a projected fiscal deficit of 3.6 percent of GDP for the year 2027. This projection is part of the ministry’s pre-budget statement, which outlines …
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The EU-Gulf Cooperation Council (GCC) Summit, set to take place on October 24 in Riyadh, will focus on fostering investment in artificial intelligence, digital infrastructure, clean energy, and advanced industries. …
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Saudi Arabia has significantly increased its oil sales to Asian buyers, moving nearly 100 million barrels of crude since last week. This development comes as a relief to the region, …
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Oil prices saw an uptick on Tuesday following four consecutive days of decline, as market participants closely monitored potential discussions between the United States and Iran at the United Nations …
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The United States has given the green light to a proposed $24.3 billion sale of 48 F-35 stealth fighter jets to Saudi Arabia. This move, which still requires approval from …
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Saudi Arabia’s temporary closure of its key East-West oil pipeline has sparked concerns over global crude supply stability, following an attack that prompted this precautionary measure. The shutdown occurred on …
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Saudi Arabia’s Foreign Minister, Faisal bin Farhan, underscored the critical role of cooperation with Russia in maintaining stability in the global energy markets during his recent visit to Moscow. The …
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Saudi Arabia and Serbia are strengthening their economic and diplomatic ties, focusing on collaboration in sectors such as energy, technology, agriculture, food industries, and trade. Both nations have been keen …
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Saudi Arabia’s urban expansion is opening new avenues for property developers, investors, and businesses as the real estate industry shifts towards larger, integrated projects and increased private-sector involvement. This growth …
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