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Posted On NewsPIF launches Saudi Arabia’s first duty-free retailer
The Public Investment Fund (PIF) has launched Saudi Arabia’s first duty-free operator as the kingdom targets 150 million annual visitors by the…
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Posted On NewsAbu Dhabi’s Thuraya enters satellite smartphone market
Thuraya Mobile Satellite Communications Company, a unit of Abu Dhabi’s Space42, is moving into the smartphone market, hoping to access…
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Posted On NewsCanada must do more to capitalise on billion dollar Saudi projects
Canada and Saudi Arabia have made progress towards ending a five-year diplomatic spat and mending trade and economic relations. However…
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Posted On NewsCanada must do more to capitalise on billion dollar Saudi projects
Canada and Saudi Arabia have made progress towards ending a five-year diplomatic spat and mending trade and economic relations. However…
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Posted On News
Ramadan sharply boosts Saudi consumer spending
Saudi consumers increased spending to one of its highest ever weekly levels as they rushed to build up food supplies…
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Posted On NewsAramco slashes blue ammonia output to reduce costs
Saudi Aramco has scaled down its low carbon ammonia production target by 80 percent because of high costs and low demand.…
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Posted On NewsSaudi deficit to rise after $40bn loss in Aramco oil dividends
A projected 30 percent drop in Saudi Aramco’s oil dividends in 2025 is likely to force the government and state-owned Saudi Public Investment Fund to…
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Posted On NewsSaudi Tadawul profit surges 60% on higher trading value
Saudi Tadawul Group, the owner and operator of the kingdom’s stock exchange, reported a 59 percent jump in 2024 profit,…
