Saudi Arabia, Japan sign 15 agreements to boost investments
Saudi Japanese Investment Forum witnessed on Monday the signing of 15 agreements between the two countries, according to Minister of Investment Khalid Al-Falih. The agreements included memorandums of understanding in […]
Energy Minister: Saudi Arabia to host regional center for Chinese factories
Minister of Energy Prince Abdulaziz bin Salman said that Saudi Arabia will host a regional center for Chinese factories. “Saudi Arabia and China endeavor to enhance cooperation in the energy […]
Xi travels to Saudi for three days of Mideast outreach
Chinese President Xi Jinping arrives in Saudi Arabia on Wednesday for three days of meetings with regional leaders likely focused on energy. The overseas trip is only Xi’s third since […]
Voltas’ unit lands HVAC services contract in Saudi Arabia
Voltas, a premier air conditioning and engineering solutions provider and a projects specialist, said its International Operations Business Group has won a new project in Saudi Arabia to provide heating, […]
Saudi PIF launches investment unit for Aseer region
Saudi Arabia’s sovereign wealth fund PIF (Public Investment Fund) has announced the launch of its new investment unit in the kingdom’s Aseer region. The key entity, Aseer Investment Company, will […]
Saudi Trade Finance Summit
The value of Saudi Arabia’s international trade posted a new record with an annual increase of 48.5 percent after its volume reaching SR516 billion in the first quarter of 2022. […]
Trade and security on agenda for Xi visit to Saudi Arabia
Strengthening trade ties and regional security will be priorities in an upcoming visit by Chinese leader Xi Jinping to Saudi Arabia, Saudi minister of state for foreign affairs […]
China is main destination for Saudi exports
Saudi Arabia’s exports to China, in the second quarter of 2022, amounted to SR63 billion (about $16.8 billion), which makes China the main destination for Saudi goods, the […]
Oman-Saudi bilateral trade soars to over $3bln in H1 2022
Bilateral trade between the Sultanate of Oman and Saudi Arabia more than doubled to exceed RO 1.249 billion during the first half of 2022, compared to RO 595 million in […]