Saudi inflation ticks up to 3.4% in January
Saudi Arabia’s annual inflation rate inched up to 3.4% in January from 3.3% in December, with price rises again driven mainly by housing costs, government data showed on Wednesday. Housing, water, electricity, gas and other fuels, with a 25.5% weight of the consumer basket, the largest category, rose 6.6% from a year earlier. […]
Clarity AI signs MoU with the Saudi Tadawul Group
Clarity AI, a leading global sustainability tech platform, has signed a Memorandum of Understanding (MoU) with the Saudi Tadawul Group to educate companies in Saudi Arabia on sustainability topics. “Our mission is to bring societal impact to markets, and we are thrilled to be in an understanding to do that with the Saudi Tadawul […]
Individuals and showrooms can import cars into Saudi Arabia
Minister of Commerce Majed Al-Qasabi said that there is no truth in reports that Saudi Arabia is restricting the import of cars only to authorized agents. “Individuals and showrooms can also import vehicles,” he said while addressing the periodic government communication press conference here on Monday. The minister said that the repercussions of the […]
Keir wins Qiddiya Water Theme Park project work
Saudi utility services company Keir International has anounced that it has been awarded a SR69 million ($18.3 million) contract for the Qiddiya Water Theme Park project coming up near Riyadh. As per the deal, Keir will provide engineering, design, electrical and communications as well as civil and electromechanical works for the key leisure development, […]