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Resilient Saudi witness a rise in FDI despite COVID-19: Minister
Saudi Arabia's Minister of Investment Khalid al-Falih said that the foreign direct investment (FDI) had risen by 12 percent in the first half of...
Saudi Arabia takes safeguarding lives and economy as its top priority
When the G20 Summit in Riyadh is taking place in an exceptional situation of the pandemic, the Kingdom’s priorities are to safeguard the lives...
Global coalition for net-zero emissions by 2050 taking shape: UN Chief
The United Nations (UN) Secretary-General Antonio Guterres is confident of having a global coalition for net-zero emissions by 2050 as measures are already underway.
Speaking...
Saudi Arabia plans to boost hydrogen production; Energy minister
Saudi Arabia’s minister of energy, Abdulaziz bin Salman Al Saud said that the world's largest oil exporter is strategizing a plan to enhance hydrogen...
COVID-19 resulted in lower trade measures among nations; WTO report
A recent report by the World Trade Organization has revealed that the number and coverage of trade-restrictive and trade-facilitating measures on goods enforced by...
Global energy sector needs a transition to sustainability: Aramco executive
The mass production, storage and global distribution of any successful vaccine for COVID-19 would depend on the energy sector, says Ahmad Al-Khowaiter, chief technology...
Saudi unemployment to drop below 7% by 2030: MHRSD Minister
Saudi Arabia's Minister of Human Resources and Social Development (MHRSD), Ahmed Al-Rajhi has remarked that the Kingdom is proceeding with the efforts of reducing...
UAE MoF unveils new reporting system for multinational firms
UAE's Ministry of Finance (MoF) has introduced a new reporting system for multinational entities (MNEs) which will allow the authorities to stay updated with...
