[stock_ticker]

Saudi PIF unit inks sustainable manufacturing pact with global firms

Alat, a company powered by Saudi wealth fund PIF, today (February 21) sealed global partnerships with leading technology companies – Softbank Group, Dahua Technology, Carrier Corporation and Saudi Technology and Security Comprehensive Control Company (Tahakom) – as part of its massive $100 billion investment plan to enhance technology capabilities in the kingdom by 2030. As […]

Saudi trade surplus keeps steady in 4Q 2023

The Saudi trade surplus maintained its steadiness in the fourth quarter of 2023, recording SR97 billion ($25.8 billion), compared to the third quarter of last year. The trade surplus amounted to about SR39 billion in December 2023, against SR44 billion in December 2022, a decrease of 11.4 percent, according to the latest figures issued by […]

Saudi Arabia calls for unconditional and immediate end to Israeli occupation of Palestine

Saudi Arabia called for an unconditional and immediate end to the Israeli occupation of the Palestinian territories. Denouncing roundly Israel’s aggression on the Gaza Strip, Saudi Arabia told before the International Court of Justice (ICJ) in The Hague, Netherlands, that Israel’s behavior since 1967 has made the establishment of a Palestinian state impossible. Saudi Ambassador […]

Saudi Foreign Minister calls for G20 action on Gaza

Saudi Foreign Minister Prince Faisal bin Farhan has urged G20 countries to exert pressure for meaningful actions to end the war in Gaza and support a credible, irreversible path towards a two-state solution. The Saudi minister participated in the first session of the G20 Foreign Ministers’ Meeting, held in Rio de Janeiro, Brazil, under the […]