Prime Highlights: The Public Investment Fund of Saudi Arabia plays a significant role in the transformation of the Kingdom to reduce dependence on oil and diversify the economy. PIF's assets…
Prime Highlights: This country's logistics market increased 267% since 2021, and at this point in 2024, there are already 22 logistic centers, with 34 million square meters for its occupation. …
OPEC has lowered its global oil demand growth estimate for 2024 to 1.6 million bpd from the already reduced estimate of 1.8 million bpd. The reduction shows even more conservative…
The Neo Space Group of Saudi Arabia agreed to a strategic acquisition of the UP42 platform of Airbus in the further development of the space sector of the Kingdom, thus…
The Minister of Human Resources and Social Development, Ahmed Al-Rajhi, stated at the Budget Forum 2024 that Saudi Arabia will reduce its unemployment rate target from the previous target of…
Saudi Arabia's National Housing Company (NHC) unveiled 11 housing projects in Riyadh's Khuzam area, providing more than 10,000 housing units as the Kingdom's quest for quality living spaces continues to…
The Saudi National Housing Co. followed up its first day momentum by signing 21 new agreements with local and international partners on its second day at Cityscape Global 2024. A…
In a recent turbidity of global oil market challenges, it has emerged that Saudi Aramco plans to cut back on the official selling prices (OSPs) for crude oil sales to…
According to an official source, in 2023, the report states that Saudi Arabia attracted foreign direct investment inflows valued at SR96 billion ($25.6bn), which marks a staggering 50% rise year…
Saudi Arabia's point-of-sale transactions recorded an 11.9 percent growth in the last week of September to total SR13.3 billion, or US$3.4 billion. The food and beverage sector topped the list…
