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Saudi Arabia opens June ‘Sah’ sukuk issuance with 4.6% returns

Saudi Arabia has opened subscriptions for its June issuance of the government-backed “Sah” savings sukuk, offering an annual return of 4.60 percent, up from 4.56 percent in the previous month. In a post on X, Saudi Arabia’s National Debt Management Center said the subscription period for the issuance opened at 10:00 a.m. Saudi time on […]

Japan continues helping Saudi Arabia with future projects, Ambassador says

Yasunari Morino, Japan’s ambassador to the Kingdom of Saudi Arabia, in an article for the Kasumigaseki Foreign Service Association noted that Japan and Saudi Arabia continue to strengthen their bilateral relationship. Morino highlighted that both countries use the Japan-Saudi Vision 2030 initiative to foster people-to-people exchanges and collaboration in sectors such as agriculture, manufacturing, and […]

Saudia tops global airline punctuality rankings in May

Saudi Arabia’s national airline, Saudia, ranked first worldwide for departure and arrival punctuality in May, according to a report by aviation analytics company Cirium cited by the Saudi Press Agency. This is the second major operational recognition awarded to the airline this year. The achievement follows Cirium’s January ranking of Saudia as the world’s second-most […]