Saudi foreign minister to lead Kingdom’s delegation at World Economic Forum in Davos
Foreign minister Prince Faisal bin Farhan will lead the Kingdom’s delegation attending the World Economic Forum annual meeting in Davos next week, a statement from the Ministry of Economy and Planning said on Saturday. This year’s forum, held under the theme of “Collaboration for the Intelligent Age,” takes place amid significant geopolitical tensions, slow economic growth […]
Domestic demand propels Saudi cement sales up 12 percent
Cement sales in Saudi Arabia saw an annual increase of 12.33 percent in the fourth quarter of 2024, reaching 14.87 million tonnes, according to recent data. Figures released by Al-Yamama Cement showed this growth was primarily driven by strong domestic demand, accounting for 96 percent of total sales, while exports comprised the remaining 4 percent. […]
Nuclear power industry needs $120bn a year by 2030
Nuclear energy development funding needs to double to $120 billion a year by 2030 to meet the rising demand for infrastructure development, according to an analysis. In its latest report, the International Energy Agency said that both public and private investments are needed to meet the rising financial needs in the sector. According to the […]