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The Saudi Minister of Investment, Eng. Khalid Al-Falih, said that Saudi Arabia focuses on all categories of investors, and efforts are continuing to attract major and strategic investments from abroad or from inside the kingdom. The minister added that the Saudi government, under the directives of the Crown Prince and…
The Saudi Ministry of Industry and Mineral Resources reported that the overall volume of industrial investments had reached SAR 1.339 trillion. According to the Saudi National Center for Industrial and Mining Information, 106 new enterprises commenced operations in January, with an estimated investment of SAR 1.6 billion. The Saudi Ministry…
His Excellency the Minister of Investment, Eng Khalid bin Abdulaziz Al-Falih, stated that His Majesty Sultan Haitham bin Tariq, Sultan of Oman’s visit to Saudi Arabia exemplifies the two leaderships’ resolution to strengthen and develop bilateral relations. “The trade interchanges between the two countries increased in the years leading up…
The Governor of the Saudi Central Bank, Fahd Al-Mubarak, said that the recent decline in foreign exchange reserves is due to the time gap between import payments and export income. The central bank’s net foreign assets, a measure of the kingdom’s ability to peg its currency to the dollar, fell…
MENA UAE Ambassador to Egypt Gomaa Mubarak said that there are many good investment opportunities in Egypt for UAE businessmen. Addressing the Egypt-UAE Forum for Trade and Investment, he added that the industrial sector is one of the major fields for increasing investments and enhancing joint cooperation. Egypt is a…
