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Fri, Dec 1 2023
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KSA Issues Updated Statistics of Foreign Direct Investment
Business

KSA Issues Updated Statistics of FDI

The Kingdom of Saudi Arabia (KSA) has updated its foreign direct investment (FDI) statistics today. This new approach, recognized by the International Monetary Fund (IMF) and praised by UNCTAD, depends on analyzing financial statements to achieve accurate annual statistics. The Ministry of Investment unveiled these figures, marking a significant shift…

  • November 8, 2023
Saudi Arabia, Russia discuss Escalation in Gaza
Jabalia Refugee Camp
Politics & News

Saudi Arabia, Russia Discuss Escalation in Gaza

The Saudi Foreign Minister Faisal bin Farhan and his Russian counterpart Sergey Lavrov discussed the latest grave Gaza updates. On a phone call on Tuesday, Farhan appreciated Russia’s  support to the  United Nations’ resolution, issued last Friday, that aimed to implement immediate ceasefire and an urgent humanitarian truce in besieged…

  • November 1, 2023
KSA Ranks1st Globally Among Donors in Offering Development Assistance in 2021
KSA Ranks1st Globally Among Donors in Offering Development Assistance in 2021
Business

KSA Ranks1st Globally Among Donors in Offering Development Assistance in 2021

Dr. Abdullah Al-Rabeeah, the general supervisor of KSrelief, said that the KSA topped the donor countries in official development aid to low- and middle-income countries, in the amount of SAR26.71 billion.   This data was published by the Development Assistance Committee of the Organization for Economic Co-operation and Development on…

  • December 26, 2022
Natural wonders in the Kingdom: a tour of magic and imagination
Natural wonders in the Kingdom: a tour of magic and imagination
Lifestyle

Natural wonders in the Kingdom: a tour of magic and imagination

The KSA natural wonders reveal the country’s diverse heritage and richness, which is not limited to archaeological sites nor historical inscriptions. Leaders magazine brings some of the most beautiful natural wonders in the Kingdom to our dear readers. Edge of the world It is one of the most prominent tourist…

  • June 10, 2022
Saudi Arabia is to implement ILS for occupational safety & health
Saudi Arabia is to implement ILS for occupational safety & health
Environment

Saudi Arabia plans to rationalize groundwater consumption

The Saudi Ministry of Environment, Water, and Agriculture confirmed recently that the water sector in the Kingdom is moving forward towards enhancing water security and making maximum use of available water resources. Undersecretary for Water Affairs, Abdulaziz bin Muharib Al Shaibani, said; on the occasion of the celebration of the…

  • March 22, 2022
Saudi Almarai’s profits drop by 7. 14%
Saudi Almarai’s profits drop by 7. 14%
Business

Saudi Almarai’s profits drop by 7. 14%

The fourth-quarter earnings of Saudi Almarai Company fell 7.14 percent to 5.286 million riyals in 2021, compared to 9.359 million riyals in the fourth quarter of 2020. Al marai’s profits fell 9.29 percent from 1.409 million riyals in the preceding quarter. The company’s operational profits fell by 5.21 percent in…

  • January 24, 2022
Saudi geologist: one-third of Saudi Arabia contains rare treasures
Saudi geologist: one-third of Saudi Arabia contains rare treasures
Arts & Culture

Saudi geologist: one-third of KSA contains rare treasures

The Saudi Geologists Cooperative affirmed that the Kingdom is rich in mineral riches, claiming that one-third of the land is home to unique gems. Professor Abdulaziz bin Labor, the cooperative’s Chairman of the Board of Directors, stated that “the Kingdom contains many mineral treasures, and that previous mineral exploration operations…

  • January 13, 2022