Cabinet expresses appreciation to government agencies for efforts to achieve Saudi Vision 2030 goals
The Cabinet expressed its appreciation for the efforts of government agencies that have contributed to the achievements of Saudi Vision 2030 as it approaches the realization of its major goals, […]
Saudi Aramco posts $106.2bn profit for 2024
Saudi energy giant Aramco reported a net profit of SR398.42 billion ($106.2 billion) in 2024, despite challenging market conditions, including lower prices for crude oil, refined products, and chemicals. In […]
Saudi Arabia committed to embracing sustainability-driven growth in tourism sector, minister says at WEF
The tourism sector in Saudi Arabia, which has undergone a transformative shift in recent years, must continue to grow with sustainable practices front and center, according to the country’s tourism […]
‘Unlock the full potential of human capital by making healthcare an utmost priority,’ Saudi minister tells WEF
Healthy, resilient, and productive human capital is the backbone of economic vitality, Faisal Alibrahim, the Saudi minister of economy and planning, told a panel discussion at the World Economic Forum […]
Saudi banking sector poised for stability with 10% lending growth: S&P Global
Saudi Arabia’s banking sector is set to maintain profitability this year, with lending projected to grow by 10 percent, driven by corporate loans linked to Vision 2030 projects, according to […]
Saudi rent now, pay later firm Rize closes $35m in equity and debt funding
Saudi real estate technology company Rize has closed an SR132 million ($35 million) “Series A” funding round to expand its presence beyond the nation’s capital. The round included a mix […]
Saudi FM arrives in Kuwait on official visit
Saudi Foreign Minister Prince Faisal bin Farhan arrived in Kuwait on Sunday as part of an official visit to the country. He was greeted on arrival by his Kuwaiti counterpart […]
Saudi Arabia’s green hydrogen production efficiency positions it as a global leader: report
Saudi Arabia can produce green hydrogen more efficiently than Germany, a recent report comparing the two nations has revealed. Due to favorable environmental conditions, the Kingdom requires notably less investment […]
TAQA & JERA to develop steam & power cogeneration plant in Saudi Arabia
Abu Dhabi National Energy Company (TAQA), and JERA Co., Inc, Japan’s largest power generation company, have entered into a Power and Steam Purchase Agreement with Saudi Aramco Total Refining and […]
Saudi Arabia aiming to be a top 10 global tourist destination in 2024: minister
Saudi Arabia aspires to rank among the top 10 most successful countries in tourism this year, says the sector’s minister. Speaking during the Manafea Forum in Madinah, Ahmed Al-Khateeb outlined […]
