Tag: SAUDI ARABIA
Saudi Banks Upgrade Systems to Align with New Commercial Regulations
The Saudi Central Bank has instructed all banks and financial institutions in the Kingdom to update their internal technical systems to comply with the newly…
Trump to Visit Saudi Arabia as Major Announcements Expected
US President Donald Trump is scheduled to arrive in Riyadh next Tuesday on his first official foreign trip since beginning his second term in office.…
Saudi Arabia Hosts Gulf-American Summit on Wednesday
Riyadh will host on Wednesday a Gulf-American summit as US President Donald Trump kicks off a historic visit to Saudi Arabia, Qatar and the United…
Saudi Chambers Federation Organizes Saudi-Egyptian Business Forum
The Federation of Saudi Chambers and Egypt’s General Authority for Investment and Free Zones (GAFI) on Monday held the Saudi-Egyptian Business Forum in Cairo with…
SABIC Expects Capital Expenditure of $4 Bn in 2025
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals ($322.6 million) for the first…
Prime Minister Narendra Modi visit Kingdom of Saudi Arabia
Saudi Arabia and India welcomed on Wednesday the expansion of the Saudi-Indian Strategic Partnership Council to include four ministerial committees, featuring a ministerial committee for…
Saudi Social Development Bank passes $43.2 Billion Total Financing
The Saudi Social Development Bank has announced that its total financing since inception has exceeded SAR162 billion (USD43.2 billion), benefiting more than 10 million citizens…
IMF Underlines Saudi Arabia’s Leadership in Data Centers, Hails Personal Data Protection Law
The International Monetary Fund (IMF) underscored Saudi Arabia’s leading position in the number of data centers among Gulf Cooperation Council (GCC) countries, reflecting the Kingdom’s…
Saudi Mineral Resources Minister, US Energy Secretary Discuss Cooperation
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held official talks on Sunday with US Secretary of Energy Chris Wright as part of his…