The S&P credit rating agency has confirmed that the economic outlook for Saudi Arabia is stable, adding that it expects the kingdom to register modest economic growth this year thanks to increased government investments and an improvement in the prices
Tag: #Saudi Arabia
In recent statements, the British ambassador to the kingdom Saudi Arabia, Simon Collis was quoted as saying that the relationship between the famous economic hub and his country have set out an ambitious target of achieving $90 billion in trade
A number of initiatives to develop a two way trade with the United Kingdom was recently unveiled by the Saudi British Joint Business Council (SBJBC). The revelations, following a special meeting in the English capital London, were planned to coincide
The vice president of the Saudi Sports Authority, Princess Reema Bint Bander Bin Sultan Al Saud, who has built an outstanding profile advocating for social development and women’s right issues have said that she felt great as her country marked
This week, one of the largest economic and investment hubs in the world, namely Saudi Arabia, made a sporting history when a total number of 30 cyclists took part in the country’s first bicycle race for women. According to statements,
As the business ties between the United States and Saudi Arabia strengthens, there is a particular American company that got more experience in doing business with Saudi Arabia than others, and that is Boeing. Boeing is a US multinational cooperation that
Saudi Arabia’s National Agricultural Development Co. (NADEC) has announced that it will acquire Al Safi Danone Company (ASD) in a deal that will support to improve the company’s business in the dairy industry in Saudi Arabia and extend its geographic
According to a survey of Saudi Arabia’s non-oil private sector, the condition of business in the country improved a bit in February, compared to the historic lows of the previous month. The survey suggests that the non-oil sector of the
It was recently announced that a joint venture involving Saudi Aramco has started construction work for a new shipyard on the east coast of Saudi Arabia. The International Maritime Industries (IMI) has started work on the new shipyard after reaching
The Frankfurt based Deutsche Bank is growing in the United Arab Emirates and Saudi Arabia, as the bank expects sovereign bond sales and initial public offerings (IPO) to drive deals this year. Chief executive officer for the Middle East and
According to the Saudi Ministry of Labor and Social Development, 11,000 cases of abuse of women and children were reported in the kingdom in 2016. The abuse ranges from physical and psychological abuse to harm resulting to murder. The high
Yemen’s Minister of Local Administration and Chairman of the Higher Commission for Relief Abdulraqeed Fatah has recently said relief efforts for the people of Yemen, both citizens and residents, directly supported by the United Arab Emirates (UAE) and one of
Ateon is among the first Blockchain systems integrators in the region and the first in Saudi Arabia. Ateon was registered in the kingdom in 2016, and registered in Dubai in 2017. It is a member of a group that has
On the first day of an auction of vehicles seized from a beleaguered Saudi tycoon, thousands of people attended the sale of vehicles which officials said will go toward repaying about SR18 billion owed to the tycoon’s creditors. Auctioning the
While opening the Women’s Economic Forum in Riyadh recently, Founder of the WIL Series, Sophie Le Ray said that Saudi Arabia is opening a new page in its history. Le Ray pointed out that the nations of the GCC region
After being granted a license by the Saudi Arabia Monetary Authority (SAMA), the largest lender in the United Arab Emirates, First Abu Dhabi Bank (FAB) is poised to establish a commercial banking business in Saudi Arabia. As part of the
