Addis Holding Intends to List its Shares in Saudi Arabia

Addis Holding Company, a global company providing drilling and production services to the oil and gas sector in the Middle East and North Africa region, today announced its intention to…

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A Real Estate Company Enters into a Partnership with the Turkey “Serdur” to Establish a Factory in Saudi Arabia

A real estate company enters into a partnership with the Turkey “Serdur” to establish a factory in Saudi Arabia The Turkey “Serdur” intends to establish a factory with an initial…

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The Approach of Ramadan Increases the Demand for Food Commodities in Saudi Arabia

Markets and shops in Saudi Arabia are witnessing a boom in the buying and selling movement, with the advent of the blessed month of Ramadan for this year, amid the…

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A Comprehensive Resumption of Diplomatic Relations Between Saudi Arabia and Iran

Arab and Islamic countries welcomed the joint tripartite statement issued by the Kingdom of Saudi Arabia, the Islamic Republic of Iran and China regarding the Kingdom and Iran reaching an…

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Pakistan Got Three Billion Dollars Loan from Saudi Arabia

Shaukat Tareen, financial advisor to Pakistan’s Prime Minister Imran Khan, has said that this loan is part of the economic package from Saudi. Pakistan is facing economic challenges. Pakistan‘s economy…

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63.2 billion Riyals Foreign Transfers in Saudi Arabia within 5 Months Increased 14%

Remittances from foreigners in Saudi Arabia abroad during the five months of this year increased by 14 percent, equivalent to 7.7 billion riyals, to reach about 63.2 billion riyals, compared…

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The Lack of Business Travel has Negatively Affected Business Performance in Saudi Arabia and the UAE

A new study conducted by “Collinson” revealed that more than four-fifths of business travelers in the Kingdom of Saudi Arabia and the United Arab Emirates believe that their jobs have…

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Saudi Arabia’s Energy Facilities are Attacked Oil Prices Soar Above 70 U.S. Dollars

Saudi Arabia stated that after an attack on an energy facility in the country, oil prices broke through US$70 per barrel in early Asian trading, continuing the rise last week…

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Saudi Arabia’s Drop in Production Benefits Oil Prices

Oil prices rose sharply on Monday, posting their largest single-session increase in three weeks, propelled by the entry into force of a further cut in Saudi production. A barrel of…

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Saudi Arabia: The Food and Drug Authority Approves The Tegistration of The Coronavirus Vaccine “Pfizer-Biontec”

The Food and Drug Authority announced today that it has approved the registration of the “Pfizer-BioNTech” Corona virus (Pfizer-BioNTech COVID-19 Vaccine) in the Kingdom of Saudi Arabia, after the company…

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Point of Sales in Saudi Arabia Recorded 6.88 Billion Riyals Last Week

The value of POS sales in Saudi Arabia decreased during the week ending on September 19, 2020, by 6% to reach about 6.88 billion riyals, compared to 7.33 billion riyals…

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Aramco Profits Fall 25% in the First Quarter

Saudi oil giant Aramco announced a 25% drop in first quarter net profit on Tuesday due to falling oil prices, saying the coronavirus crisis will dampen demand and profits year-round….

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