September 25, 2023

Saudi National Housing Co. Delivers Over 30,000 Units by September, Accelerating First-Time Homeownership

Riyadh, September 24, 2023 – The National Housing Co. (NHC) in Saudi Arabia has achieved a significant milestone in promoting first-time homeownership, announcing the successful delivery of over 30,000 residential units by September 2023 in collaboration with property developers. This announcement, made in conjunction with the celebration of the 93rd Saudi National Day, underlines NHC’s […]

September 25, 2023

Global Hospitality Leaders Seek Investment Opportunities at Abu Dhabi Summit

The global hospitality industry is poised to experience a significant surge in investment, with prominent figures from the sector representing over 50 countries gathering for the Future Hospitality Summit in Abu Dhabi from September 25 to 27. Under the overarching theme of “Focus on Investment,” this event will play a pivotal role in igniting change […]

September 25, 2023

Saudi Economy Achieves Historic Milestone, Joins Trillion-Dollar Club: FSC

Saudi Arabia has attained a remarkable milestone as its Gross Domestic Product (GDP) has surpassed the coveted $1 trillion mark for the first time, according to a statement by the Federation of Saudi Chambers (FSC), the apex body representing the Kingdom’s business community. The FSC, in partnership with the Saudi Press Agency, announced that Saudi […]

September 25, 2023

MoIAT and Abu Dhabi Chamber Collaborate to Promote Industrial Growth

Abu Dhabi, September 24, 2023 (WAM) – The Ministry of Industry and Advanced Technology (MoIAT) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) have joined forces in a workshop, conducted in partnership with the Industrial Development Bureau (IDB) of the Abu Dhabi Department of Economic Development. The aim of the workshop was to […]

September 25, 2023

Future100 Initiative Establishes 25 New Strategic Partnerships for UAE’s Future Economy

Dubai, September 24, 2023 (WAM) – The collaborative initiative known as “Future100,” led by the Ministry of Economy and the Government Development and the Future Office, has announced 25 strategic partnerships aimed at supporting the top 100 emerging companies crucial for enhancing the UAE’s future economy sectors. The signing ceremony for these partnerships was graced […]

September 24, 2023

SAIL and Bahri Join Forces with MoU to Elevate Maritime Collaboration

In a concerted effort to bolster collaboration and share their wealth of expertise, Saudi Arabia’s national shipping firm, Bahri, and SAIL, a subsidiary of the Saudi Investment Recycling Co. owned by the Public Investment Fund, have inked a Memorandum of Understanding (MoU) aimed at enhancing their services within the Kingdom. This strategic alliance, forged during […]

September 24, 2023

Saudi Arabia’s Merchandise Exports Maintain Stability at $24.34 Billion in July, GASTAT Reports

Amidst the backdrop of global economic challenges, Saudi Arabia has demonstrated resilience in its trade performance, with the Kingdom’s overall merchandise exports remaining steady in July, reaching SR91.3 billion ($24.34 billion). This represents a marginal decrease of only 0.4 percent compared to the previous month, according to official data. The General Authority for Statistics (GASTAT) […]

September 24, 2023

Saudi Arabia’s Merchandise Exports Maintain Stability at $24.34 Billion in July, GASTAT Reports

Amidst the backdrop of global economic challenges, Saudi Arabia has demonstrated resilience in its trade performance, with the Kingdom’s overall merchandise exports remaining steady in July, reaching SR91.3 billion ($24.34 billion). This represents a marginal decrease of only 0.4 percent compared to the previous month, according to official data. The General Authority for Statistics (GASTAT) […]

September 24, 2023

Saudi Arabia Secures ISO Council Membership for Two-Year Term

Saudi Arabia has earned a significant accolade for its dedication to implementing health and safety standards by being elected as a member of the council of the International Organization for Standardization (ISO). The announcement was made during the ISO’s 45th general assembly meeting in Brisbane, Australia. Saudi Arabia’s tenure in this esteemed council is set […]

September 24, 2023

Saudi Maritime Congress: A Catalyst for Global Maritime Advancements

In an event that witnessed the swift exchange of business cards and bustling networking, the Saudi Maritime Congress brought together thousands of industry leaders in Dammam. The fourth edition of this congress facilitated crucial deals, insightful debates, and extensive networking sessions, underscoring Saudi Arabia’s resolute commitment to becoming a prominent global logistics hub. Spanning two […]

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