Trade and security on agenda for Xi visit to Saudi Arabia
Strengthening trade ties and regional security will be priorities in an upcoming visit by Chinese leader Xi Jinping to Saudi Arabia, Saudi minister of state for foreign affairs Adel Al-Jubeir said on Saturday. The visit, which two sources said was expected to take place in December.Jubeir did not give details of the trip […]
Saudi Arabia approves framework for renewable energy systems for self-use
Chaired by Minister of Energy Prince Abdulaziz bin Salman, the Board of Directors of the Water and Electricity Regulatory Authority has approved the regulatory framework for renewable energy systems for self-consumption. The move reflects the energy system’s efforts to develop regulations that contribute to achieving the goals of the Kingdom’s Vision 2030 in […]
Saudi National Bank not concerned about Credit Suisse’s governance
Saudi National Bank (SNB) said on Friday it had not come across any information that might raise concerns over the governance of Credit Suisse and was supportive of the transformation plan announced by the bank on Oct. 27. The comments came in response to concern from two other investors over the Swiss bank’s […]
Saudi Arabia’s Ma’aden to export blue ammonia
Saudi Arabian Mining Company (Ma’aden), the largest multi-commodity mining and metals company in the Middle East, will export blue ammonia as it looks to support the global energy transition. The announcement was made by HRH Prince Abdulaziz Bin Salman, Saudi Arabia’s Minister of Energy, at the Saudi Green Initiative Forum, taking place on the sidelines […]