Tag: Saudi economic diversification
Saudi highlights diversification efforts at Paris OECD meeting
Saudi Arabia’s Minister of Economy and Planning, Faisal Alibrahim, highlighted the Kingdom’s economic diversification strategy and efforts to promote sustainable growth during the 2026...
AMAK establishes Advance Drilling Co. in Najran
Saudi mining company AMAK has established Advance Drilling Co., a wholly owned simplified joint stock subsidiary, as part of efforts to accelerate exploration activities,...
S&P Global affirms Saudi Arabia’s A+ credit rating with stable outlook
S&P Global has affirmed Saudi Arabia's A+ credit rating and stable outlook, emphasizing the kingdom’s robust economic performance and fiscal stability.
In S&P Global's latest...
Saudi Coffee Company signs 7 key MoUs at PIF Forum
The Saudi Coffee Company (SCC), a wholly owned subsidiary of the Public Investment Fund (PIF), has signed seven strategic Memoranda of Understanding (MoUs) at...
Saudi Arabia’s NDF signs $799mn credit deal with SNB
Saudi Arabia’s National Development Fund (NDF) has signed a credit facility agreement for a credit facility of $799 million (SAR3 billion) with the Saudi...
