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

PIF-Backed Lucid Motors Secures Permit for Manufacturing Unit in KAEC, Marking a Milestone in Saudi Arabia’s Automotive Industry

In a significant stride towards economic diversification and the transformation of the national transportation sector, the Economic Cities and Special Zones Authority (ECZA) has granted Lucid Motors a permit to establish a manufacturing facility within King Abdullah Economic City (KAEC). A commemorative ceremony was held at the ECZA’s offices in KAEC to celebrate this momentous […]

September 11, 2023

Saudi Arabia Explores Blockchain Gaming and Web3 to Drive Economic Diversification

Saudi Arabia is intensifying its efforts to diversify its economy, a central goal of its ambitious Vision 2030 initiative. As part of this strategy, the kingdom is embracing emerging technologies like blockchain and artificial intelligence (AI) and is tapping into thriving sectors such as gaming. While Saudi Arabia is yet to make a substantial global […]

September 6, 2023

Saudi Arabia to Invest $25 Billion in Pakistan’s Key Sectors, Says Interim PM

In a significant development for Pakistan’s economic recovery, Saudi Arabia is set to invest up to $25 billion in the country over the next two to five years, according to Pakistan’s caretaker Prime Minister, Anwaar-ul-Haq Kakar. The investment is expected to cover various sectors, including mining, agriculture, and information technology, and is part of Pakistan’s […]

August 8, 2023

Saudi Arabia Mandates USB Type-C Charging for Mobile Phones, Aims for Reduced E-Waste

In a move aimed at enhancing user convenience and curbing electronic waste, Saudi Arabia has announced a groundbreaking regulation that mandates the exclusive use of USB Type-C charging ports for all mobile phones and electronic devices. Starting January 1, 2025, manufacturers will be required to implement USB Type-C technology in their products, aligning with global […]

July 28, 2023

Mall Walking: Saudi Arabia’s Thriving Fitness Trend for Health and Safety

In recent years, mall walking, also known as ‘mallercise,’ has emerged as a popular fitness trend in Saudi Arabia. The country’s malls, providing safe and comfortable spaces, have become havens for people seeking a convenient and cost-free alternative to traditional gyms, especially during the scorching summer months. With a growing number of individuals engaging in […]

July 18, 2023

Saudi Arabia and Turkey have inked agreements encompassing energy, defense, and various other sectors.

Saudi Arabia and Turkey have inked agreements encompassing energy, defense, and various other sectors.

July 17, 2023

Saudi Arabia’s Robotics Commercial Records Surge by 52% in Q2, Reflecting Promising Sector Growth

he robot technologies sector in Saudi Arabia has witnessed remarkable growth, as indicated by a 52% increase in commercial records registered during the second quarter of 2023 compared to the same period in 2022.

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