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New service at Jeddah port to boost Saudi-India trade
Saudi and Indian traders are set to benefit from Jeddah Islamic Port’s new service, bolstering trade connectivity between the nations.
The Saudi Ports Authority, also known as Mawani, on Thursday said that Unifeeder, a Danish logistics…
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UAE, Japan to develop industrial steam and electricity cogeneration plant in Saudi Arabia
Abu Dhabi National Energy Co., also known as TAQA, together with JERA Co., Inc, Japan’s largest power generation company, announced Thursday that they have entered into a Power and Steam Purchase Agreement with Saudi Aramco Total Refining…
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Saudi Arabia aiming to be a top 10 global tourist destination in 2024: minister
Saudi Arabia aspires to rank among the top 10 most successful countries in tourism this year, says the sector’s minister.
Speaking during the Manafea Forum in Madinah, Ahmed Al-Khateeb outlined that the Kingdom is equipped with the…
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Saudi Arabia launches Digital Transformation Index 2024 amid e-government growth
The latest edition of a framework designed to enhance e-government services and accelerate digital innovation in Saudi Arabia has been launched.
The Digital Transformation Index for 2024 seeks to elevate the commitment levels of the…
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Saudi Arabia’s non-oil exports up 0.8%, latest official figures show
Saudi Arabia’s non-oil exports increased 0.8 percent in January compared to the same month in 2023, official data showed.
According to the report released by the Kingdom’s General Authority for Statistics, the total value of the sector,…
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Saudi Ministry of Investment, tech firm Endava sign MoU to propel digitalization efforts
Saudi businesses will be brought up to speed on global best practice in the digital sphere thanks to an agreement between the Kingdom and a London-based firm.
The Kingdom’s Ministry of Investment signed a memorandum of understanding with…
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Bangladesh’s energy sector receives $1.4bn funding boost from ITFC
Bangladesh’s energy infrastructure is poised for advancement as the Jeddah-based International Islamic Trade Finance Corp. announced plans to inject $1.4 billion into the country’s economy.
ITFC, a member of the Islamic Development Bank…
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UAE’s treasury sukuk auction hits $2.13bn: Finance Ministry
The UAE’s treasury sukuk auction received bids totaling 7.83 billion dirhams ($2.13 billion), signaling a promising trajectory for the country’s financial landscape.
Represented by its Ministry of Finance and supported by the state’s…
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UAE sees region’s highest bank branch revenues: top Roland Berger executive
UAE bank branches are witnessing the highest revenues in the region, amounting to $18.6 million per branch, according to a top executive at Roland Berger.
This was driven by the nation’s digital transformation which enabled banks in the…
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Council of Economic and Development Affairs reviews local, global issues
Local and global advances and public agencies’ performance were in focus during a virtual meeting held by Saudi Arabia’s Council of Economic and Development Affairs.
Operating under the council of ministers, CEDA aims at establishing the…
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