Tag: Saudi Arabia
Saudi Arabia’s outlook downgraded to “negative” by Moody’s
Distinguished American business and financial services company Moody's (Moody's Corporation) Investors Service has downgraded Saudi Arabia's outlook to outlook to negative from stable citing...
Saudi & UAE health & wellness market to grow by 10.9%...
According to a recent analysis by Frost & Sullivan, the health and wellness F&B market in Saudi Arabia and the UAE is estimated to...
Saudi Arabia surged 18 places in the Open Budget Index which...
The Open Budget Index (OBI) is issued every two years to evaluate the transparency of government budgets around the world. The Index produced by...
Saudi Arabia introduces new regulations for financial organizations
Saudi Arabia has issued a new royal order today instructing the Ministry of Justice to ensure effective measures are taken to curb the practice...
G20 promises to push recovery in virus-hit tourism sector
COVID-19 lockdowns have hit international tourism, which is expected to see a 45 percent decline this year according to the Organization for Economic Co-operation...
SABIC announced SR 6.6 billion ($1.8 billion) dividend for the H2...
Riyadh based multinational chemical manufacturing company, SABIC has announced an SR 6.6 billion ($1.8 billion) profit share for the second half of 2019 at...
Saudi Arabia wealth fund soliciting possible opportunities during COVID-19 spread
The $320 billion sovereign wealth fund from the Saudi Government will explore investment opportunities airlines, energy and entertainment companies
Saudi Arabia’s sovereign wealth fund is...