Business
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Saudi Non-Oil Activities Grow 2.8% y/y in Q1 2024
Seasonally adjusted real Saudi GDP increased by 1.3% in the first quarter of 2024 compared to the fourth quarter of…
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KSrelief Participates at IsDB Exhibition in Riyadh
The King Salman Humanitarian Aid and Relief Center (KSrelief) has demonstrated its initiatives and accomplishments at the 2024 Islamic Development…
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BlackRock Signs MoU with PIF Worth up to $5.Bln
BlackRock Saudi Arabia has signed a memorandum of understanding (MoU) with the Public Investment Fund (PIF). The MoU involves establishing…
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Saudi Riyal’s Exchange Rates Relatively Stable on Wednesday against Global Currencies
Saudi Riyal’s exchange rates on Tuesday are relatively stable. The US dollar remained stable at 3.7500 as well as the…
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Saudi Post (SPL) Ranks 7th Globally in 2023 International Express Mail Service
The Saudi Post (SPL) was ranked seventh globally in international Express Mail Service (EMS) performance for 2023 made by the…
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Saudi Comm. Min. Explores Strengthening Partnerships in Digital Economy, Space
Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha held a series of bilateral meetings with ministers…
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Saudi Riyal’s Exchange Rates Relatively Stable on Tuesday against Global Currencies
Saudi Riyal’s exchange rates on Tuesday are relatively stable. The US dollar remained stable at 3.7500 as well as the…
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Saudi Startups Attract $3.3B Investment
The value of capital invested in startups in Saudi Arabia reached $3.3 billion over a decade, according to Nabil Koshak,…
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Saudi Arabia to Secure Lithium for EV Production
Saudi Arabia announced its commitment to securing lithium from abroad to support its ambitious goals in electric vehicle battery production…
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Amid US-China Competition, Mexico Emerges as Manufacturing Hub
As US industries try to decouple from China, Mexico is emerging as a vibrant manufacturing hub. Mexico’s manufacturing sector is…
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