Tag: Saudi Arabia Business News
Saudi Arabia launches digital cooperation organization with Pakistan, Middle East neighbors
Saudi Arabia’s Ministry of Communications and Information Technology said Saudi Arabia, Pakistan and a group of countries in the Middle East have launched a...
Saudi’s SABIC is weighing an IPO of specialty chemicals unit by...
One of the largest petrochemical firms in the Middle East, Saudi Basic Industries Corp. (SABIC) is reportedly planning for an initial public offering (IPO)...
Saudi Arabian Monetary Authority gets a new name – Saudi Central...
Under a new law approved by Saudi Arabia's King Salman bin Abdulaziz al-Saud, the Saudi Arabian Monetary Authority (SAMA) will be renamed to Saudi...
Saudi ACWA Power to raise $1bn from Sukuk issue
Saudi Arabia-based power plants developer ACWA Power International is reportedly looking to raise close to $1 billion through a Sukuk issue early next year.
A...
Saudi Arabia to deliver free COVID-19 vaccine for citizens and residents
The Saudi Ministry of Health is targeting to make the coronavirus vaccine available free to at least 70 percent of the Kingdom’s citizens and...
G20 Riyadh pledged to ensure fair access of COVID-19 vaccine globally
The global summit of the world's biggest 20 economies winded up with a final statement to ensure fair distribution of COVID-19 vaccines and to...
Saudi Arabia to secure global leadership in Islamic finance sector
The biggest Islamic finance market in the Middle East, Saudi Arabia is now on the path of leading the sector to a global level...
Resilient Saudi witness a rise in FDI despite COVID-19: Minister
Saudi Arabia's Minister of Investment Khalid al-Falih said that the foreign direct investment (FDI) had risen by 12 percent in the first half of...
