Saudi Arabia, Egypt agree deeper investment ties
Egypt’s presidency said the leaders signed an agreement to encourage and protect mutual investments between the countries, and witnessed the signing of an accord to form a supreme coordination council between Riyadh and Cairo to deepen cooperation. Saudi Arabia’s Crown Prince Mohammed bin Salman and Egypt’s President Abdel Fattah al-Sisi agreed to deepen trade and […]
Read MoreIndia, Saudi Arabia hold inaugural meeting of high-level task force on investments
New Delhi [India], July 31 (ANI): The first meeting of the India-Saudi Arabia High Level Task Force on Investments was held on Tuesday, wherein the two nations affirmed their commitment to bolster cooperation in the areas of petroleum, renewable energy, telecom and innovation. The meeting was co-chaired by the Principal Secretary to Prime Minister Narendra […]
Read MoreSaudi Arabia bolsters efforts to stem human trafficking
RIYADH: Saudi Arabia’s Ministry of Human Resources and Social Development has reaffirmed its dedication to combating human trafficking and bolstering compliance with labor market regulations on World Day Against Trafficking in Persons. The day is observed annually on July 30 by the UN General Assembly to raise awareness about this crime, highlight the victims’ suffering, […]
Read MoreSaudi Arabia inflation remains at 1.6% in May
Saudi Arabia’s annual inflation rate remained at 1.6% for the third month running in May, government data showed on Sunday, with higher housing rents still the main driver. Housing rents rose 10.5% from a year earlier underpinned by a 14.3% rise in apartment rents, according to the General Authority for Statistics. Overall, prices in the […]
Read MoreSaudi Arabia sets new test for international interest with $13.1 billion Aramco sale
Saudi Arabia and its bankers will on Sunday morning start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco 2222.SE, in a major test of international investor interest in its market. In a long-anticipated announcement on Thursday, the kingdom and Aramco detailed plans to sell up to 0.7% […]
Read MoreThat is why Saudi Arabia is making the ‘Premium Residency’ visa easier
The government of Saudi Arabia is taking steps to expand the ‘Premium Residency’ visa and make its conditions easier. This initiative has been taken to attract skilled expatriates and foreign investors. This will make it easier for foreigners to live and buy land/flats in Saudi Arabia. Saudi owns the second largest oil reserves. However, […]
Read MoreEid date announced in Saudi Arabia
Saudi Arabia has announced the celebration of Eid-ul-Fitr next Wednesday. The moon of the month of Shawwal was not seen in the country on Monday. Saudi Arabian authorities have announced that tomorrow, Tuesday, will be the last day of fasting in the country. The day after that, Eid-ul-Fitr will be celebrated on the first day […]
Read MoreNew good news about visa of Saudi Arabia
Saudi Arabia has launched a new education visa program to attract foreign students and researchers. Under this common platform has been created to facilitate admission in Saudi universities. Through this platform called ‘Study in Saudi Arabia’, education, training and research opportunities will be available in a state-of-the-art educational environment. According to the sources of the […]
Read MoreBangladesh Forges Green Collaboration with Saudi Arabia: Agricultural Expertise to Play Pivotal Role
In a significant move toward environmental sustainability, Bangladesh is actively exploring opportunities to contribute its agricultural expertise to Saudi Arabia’s green initiatives, as announced by Foreign Minister Hasan Mahmud on Monday (11 March). Bangladesh aims to bolster its participation in the ambitious green endeavors spearheaded by Crown Prince Mohammad bin Salman in 2021, with a […]
Read MoreKazakhstan and Saudi Arabia Strengthen Energy and Investment Ties
Kazakh President Kassym-Jomart Tokayev and Saudi Arabian Minister of Energy Abdulaziz bin Salman Al Saud convened on March 7 to explore opportunities for advancing energy and investment collaboration, as reported by the Akorda press service. Highlighting the unprecedented level of Kazakh-Saudi relations, President Tokayev expressed his positive impression from recent agreements with Crown Prince and […]
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