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‘Ignite’ to connect Saudi women entrepreneurs with US business leaders
Igniting Women’s Entrepreneurship and Innovation in Saudi Arabia (Ignite), the new business initiative has set a goal to bring together female Saudi entrepreneurs with...
Saudi Arabia strives for $420bn foreign investments in infrastructure, transportation
Saudi Investment Minister Mr. Khalid al-Falih stated that Kingdom’s infrastructure and transportation sectors are aiming for $420 billion in foreign investment over the next...
IMF plans $650bn reserves issuance for developing countries: Sources
The International Monetary Fund (IMF) is reportedly planning to create around $650 billion in additional reserve assets to support the developing economies to cope...
Global economy to uptick 4.7% in 2021; UNCTAD report
Global economic growth will increase to 4.7 percent this year as widespread vaccine delivery is expected to assist economies in resuming regular operations, as...
Saudi records recovery in foreign investor licenses in Q3
The Investment Ministry of Saudi Arabia has reported that a total of 306 new foreign companies were issued investor licenses in the kingdom in...
Saudi Arabia strengthened its anti-money laundering regulatory framework
Saudi Central Bank Governor H.E. Dr. Ahmed Alkholeify said that the Kingdom has strengthened its regulatory and legislative framework to tackle money laundering and...
OECD revises global economic outlook as vaccine trials bring hope
The Organization for Economic Co-operation and Development (OECD) has updated its global economic outlook, projecting a contraction of 4.2 percent this year.
This is an...
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...
