Search result for: SAUDI ARABIA
Following a significant downturn in May, the equity markets of the Gulf Cooperation Council (GCC) countries experienced a promising rebound in June, with the United Arab Emirates (UAE) and Saudi Arabia leading the way.
Saudi Arabia and the United Arab Emirates (UAE) have jointly pledged $6 billion to support the expansion of international trade and investment in Iraq, according to a report by the Iraqi News Agency.
The secondhand car business in Saudi Arabia can now anticipate significant relief as the government introduces a new taxation method that reduces the value-added tax (VAT) on the sale of used vehicles.
Sustainable energy provision in Saudi Arabia is poised for significant growth as French energy giant TotalEnergies achieves financial closure for its maiden solar power plant in the Kingdom.
Immensa, an additive manufacturing company, has opened a cutting-edge 3D printing facility in Dammam, Saudi Arabia, with a significant investment of $15 million.
Al-Falih, Saudi Arabia is considering the possibility of launching additional airlines to meet the increasing demand in the country
Cisco, a leading technology company, has recently revealed its plans to establish a state-of-the-art data center in the Kingdom of Saudi Arabia (KSA), specifically designed to offer cloud-delivered security services.
Scopa Industries, a Saudi defense company, has partnered with Airbus to jointly produce civil and military helicopters, marking a significant step in Saudi Arabia’s efforts to localize its defense industry.
Latvia has recognized Saudi Arabia as a high-priority market and aims to strengthen trade relations between the two countries, according to Ilze Indriksone, Latvia’s Minister for Economics.
The National Debt Management Center (NDMC) of Saudi Arabia has successfully completed its sukuk issuance for the month of June, raising a total of $667 million.