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Experts to discuss cybersecurity issues at Riyadh forum
Top decision-makers and entities will convene to discuss pivotal issues in the digital realm at the fourth edition of the Global Cybersecurity Forum in Riyadh, scheduled for October.
Under the patronage of King Salman, the National…
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Saudi Arabia’s crude production rose to 8.96 mbpd in January: JODI
Saudi Arabia’s crude production increased by 12,000 barrels per day in January to 8.96 million bpd, representing a monthly rise of 0.22 percent, a study showed.
According to the latest report by the Joint Organizations Data Initiative,…
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PIF explores acquisition of Saudia to boost tourism efforts: Bloomberg
Saudi Arabia’s sovereign wealth fund is in early talks to buy the Kingdom’s flagship airline as part of transforming the country into a tourist destination.
The Public Investment Fund is considering adding Saudia to its aviation…
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Saudi residential mortgage loans jump to 11-month high in January
Banks in Saudi Arabia granted residential mortgage loans worth SR7.54 billion ($2 billion) to individuals in January 2024, marking an 11-month high according to the data issued by the Kingdom’s central bank.
The January figures represent…
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Fitch affirms Kuwait’s AA- rating with stable outlook
Kuwait’s foreign and local currency sovereign credit ratings have been affirmed at AA- with a stable outlook by Fitch Ratings, driven by strong fiscal and external balance sheets.
An AA- rating from Fitch indicates minimal default risk,…
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Oman’s general inflation index holds steady at 105.3 in February
Oman’s general inflation index remained stable at 105.3 in February compared to the same period in 2023, according to the latest official data.
The data from the National Center of Statistics and Information also highlighted that the…
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EU, Egypt sign $8bn deal focussed on energy, migration
The EU and Egypt on Sunday signed a €7.4 billion ($8 billion) financial package to support the indebted North African country, boost energy sales to Europe and stem irregular migrant flows.
European Commission President Ursula von der…
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Home ownership eyed by 77% of Saudi-based expats, reveals survey
A new premium residency visa has spurred home-ownership demand among Saudi-based expats, with 77 percent now looking to buy a property, a survey has revealed.
Global property consultancy Knight Frank surveyed 241 expatriates in Saudi…
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S&P affirms Saudi Arabia’s A/A-1 rating
International rating agency S&P Global Ratings affirmed its foreign and local currency sovereign credit ratings for Saudi Arabia at ‘A/A-1’ with Stable Outlook.
The agency indicated the affirmation was a result of the Kingdom’s…
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Saudi Arabia can become a leader in carbon capture technology: IEF
With a proven track record in carbon capture, utilization and storage technology, Saudi Arabia has the potential to become a leader in this sector, according to a new study.
In its latest report, the International Energy Forum said the…
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