SAL: Bridging Local & Global Logistics
SAL plays a crucial role in supporting one of the key pillars of Vision 2030—economic diversification...
Tag : Saudi Arabia
China oil prices fall scepticism on OPEC+ cuts
Fears regarding the state of China's economy have also contributed to the bearish sentiment...
Start-up of the Week: eKar, an alternative option to traditional car ownership
The eKar mobile app was created to provide a flawless user experience, making it simple to browse and book cars as well as process payments...
Saudi Arabia’s Q3 2023 budget deficit reaches USD 9.54 billion as oil revenue falls
The largest oil exporter in the world reported a nearly USD 30 billion budget surplus in 2022 as increased oil prices caused a 31% increase in government revenue...
Saudi Arabia’s E-Visa system gets South Africa’s thumbs-up
The one-year multi-entry e-visa permits visitors to stay in the Kingdom for up to ninety days at a time...
Mobile & card payments rise as Saudi Arabia transitions to a cashless society
According to the Fintech Saudi report for the financial year 2021-22, there were 147 active fintech ventures in Saudi Arabia...
United Kingdom-Saudi Arabia trade in goods & services surges by 65.8%
Saudi Arabia was the source of the United Kingdom's imports of refined oil, crude oil, non-ferrous metals, and basic plastics, among other things...
UAE IPOs shine despite global setbacks
The UAE and Saudi Arabia are now playing a significant role in the IPO market, thereby collectively raising USD 7.35 billion from 35 IPOs...
Will Gaza conflict affect oil market adversely? Analysts answer
Oil prices had tumbled around the last week of September 2023, as fears of a weakening global economic outlook spiked concerns of softening demand...
Russia & Saudi Arabia to continue voluntary oil cuts
In August, Russia announced that it would decrease exports by 300,000 bpd through the end of the year...