Saudi Arabia’s non-oil activity rises 4.9%, driven by finance and insurance
Saudi Arabia’s non-oil economy grew 4.9% in Q2 2024, powered by financial and insurance gains, supporting the Kingdom’s Vision 2030 focus on reducing oil dependence....
Tag : Saudi Arabia
Saudi Arabia’s FDI stock surges to $215 billion in 2023
Saudi Arabia's strategic reforms lead to a $215 billion FDI, positioning it as a top global investment destination....
Edge, Turkish Aerospace forge partnership at World Defence Show
Edge and Turkish Aerospace join forces at World Defence Show, solidifying a strategic partnership in aerospace technology....
MENA witnesses $10.7 billion from 48 IPOs in 2023
The MENA region reports $10.7 billion from 48 IPOs in 2023, driven by energy and logistics sectors, with strong Q4 performance....
South Korea edges Saudi Arabia in AFC Asian Cup 2023 shootout
South Korea secures AFC Asian Cup 2023™ quarter-finals spot with a dramatic shootout victory over Saudi Arabia....
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year....
Prime Minister Modi leads India’s Independence Day with optimism and vision
India marks its 77th Independence Day with fervent patriotism and spirited celebrations, both within its borders and on international soil. The ceremony in the country...
Lebanon’s rising tensions prompt advisories from Saudi Arabia and Kuwait
In light of the recent violent clashes in Sidon, Lebanon, Saudi Arabia has urgently called upon its citizens to depart from Lebanese territories promptly. The...
Pakistan urgently seeks $3 billion from KSA after plunge in forex reserves
Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level. During his...
Flydubai resumes flights to Abha in Saudi Arabia
Dubai-based carrier flydubai announced the resumption of flights to Abha in Saudi Arabia from 23 June with a daily service. With this announcement, the carrier...