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Saudi Arabia’s non-oil exports rise by 12% in December 2023: GASTAT
Saudi Arabia’s non-oil exports experienced a 12 percent surge in December 2023 compared to the corresponding month of the previous year, official data showed.
According to the General Authority for Statistics, the total value of non-oil…
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PIF-owned Alat partners with 4 global firms including SoftBank for sustainable manufacturing
Sustainable manufacturing in Saudi Arabia is set to thrive as Alat, owned by the Public Investment Fund, partners with four global firms including Softbank Group and Carrier Corp.
In its press release, the Saudi tech company said it has…
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Saudi Arabia inks 6 MoUs to enhance education, investment, and sustainability
Saudi Arabia is set to enhance its education, investment, securities trading, and sustainability landscape with the signing of six agreements, aligning with Vision 2030 goals.
In the first deal, the Ministry of Human Resources and Social…
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Saudi tourism minister discusses benefit of unified tourist visa for GCC nations at Qatar meeting
Saudi Arabia’s Minister of Tourism Ahmed Al-Khateeb said a unified GCC visa would be a “significant milestone” for the industry, at the eighth meeting of Gulf Cooperation Council tourism ministers in Qatar on Monday.
During the meeting,…
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Saudi and UK officials discuss cooperation and opportunities in energy sector
During a meeting in Riyadh on Monday, Prince Abdulaziz bin Salman, the Saudi energy minister, and Claire Coutinho, the UK’s secretary of state for energy security and net zero, discussed energy-sector cooperation between their countries.…
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UAE records 216% rise in use of digital signatures
The UAE government’s adoption of a proactive approach has resulted in a 216 percent increase in the use of digital signatures in 2023, the state-run news agency reported on Monday.
Giving a picture of the fast-growing digital economy of…
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BP to invest up to $1.5 billion in oil exploration in Egypt
Energy company BP plans to invest up to $1.5 billion in exploration activities in Egypt over the next few years, with the possibility that further investments worth nearly $5 billion will follow, the Emirates News Agency reported on Monday.…
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NEOM announces new hotel with Raffles Hotels & Resorts in Trojena
Saudi Arabia’s mountainside hospitality is poised for enhancement with the introduction of a luxury resort in Trojena, a hilly destination within NEOM.
The Kingdom's $500 billion giga-project is set to unveil a 105-key hotel with Raffles…
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Saudi Arabia ranks 4th on G20 road quality index
Saudi Arabia has secured the fourth spot in the Road Quality Index among G20 countries, according to a 2023 World Economic Forum report.
The Kingdom’s RQI grew by over 10 percent to 5.7, which is the highest among its G20 counterparts,…
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Saudi Arabia’s tax revenue surge fuels 2023 budget growth
Saudi Arabia saw an 11 percent boost in non-oil revenues, reaching SR457.73 billion ($122.06 billion) in 2023 compared to 2022, primarily driven by increased taxes on income, profits, and capital gains.
According to the fiscal year 2023…
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