In response to the effects of rising prices throughout the world, King Salman bin Abdulaziz issued a royal decree sanctioning

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- July 5, 2022
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During the cabinet session chaired by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, (Tuesday), at Al-Salam Palace in Jeddah, Saudi Arabia stressed the contents of the Kingdom’s speech before the ministerial meeting of the OPEC Fund for International Development. It highlighted the importance of energy supply…
The Saudi Ministry of Investment announced the signing of an agreement in the energy sector between “We Energy Ltd.” and “Officini Nicola Galberti,” to create a partnership for local investment in iron refining and flange production. The Saudi-Italian Investment Forum was officially started on Monday in the presence of Italian…
Saudi Aramco is working on creating clean fuels, producing low-carbon hydrogen, and capturing, using, and storing carbon. The company intends to play a leading role in these new markets, as well as innovate new technologies. This was explained by Yasser Al-Rumayyan, Chairman of the Board of Directors of Saudi Aramco,…
The Ministry of Human Resources and Social Development’s recent efforts were recognized by the International Labor Organization ILO, which lauded the Kingdom for its successes in the field of occupational safety and health. Dr. Ruba Jaradat, ILOs regional director for the Arab States, reaffirmed the Kingdom’s numerous accomplishments that have…
The Saudi General Organization for Grains announced recently the launch of a tender to import 480,000 tons of wheat for supply during the period November 2022 – January 2023. The Governor of the General Grain Corporation, Engineer Ahmed bin Abdulaziz Al-Faris, said that the quantity offered comes within the framework…
Localization is a fundamental tenet and a primary goal of the national transportation and logistics strategy, according to the Saudi Ministry of Transport and Logistics. Since the beginning of the current year 2022, 10,000 job openings have been localized in the industry. According to the localization plan introduced the last…
The Saudi merchandise exports increased by 98% in April 2022, reaching about SAR 137.1 billion, compared to about SAR 69.3 billion in April 2021. This is due to a growth in petroleum exports of SAR 60.5 billion, or 123 percent, to reach about SAR 109.75 billion in April 2022 from…
Following discussions between Saudi Crown Prince Mohammed bin Salman and Turkish President Recep Tayyip Erdogan, the two nations announced in a joint statement today that they talked about enhancing cooperation and making investments in energy, defense, and other industries. The two nations’ bilateral ties were examined from a variety of…
During his visit to the UK, Bandar Al-Khorayef, the Saudi Minister of Industry and Mineral Resources met with Kwasi Kwarteng, the British Minister of State for Business, Energy, and Industrial Strategy, in London on Wednesday. The goal of their meeting was to advance bilateral cooperation between the two nations in…