Saudi Arabia and the US signed on Sept. 8, a memorandum of understanding (MoU) between the two countries.The MoU provides a framework for developing a protocol on establishing intercontinental green transit corridors through the Kingdom to connect Asia with the European continent.The project...
The Shura Council will discuss the recommendations of the Security and Military Affairs Committee on amending the Premium Residency Law on Sept. 11, Al Riyadh newspaper reported. The Premium Residency Law and its Regulations came into force in May 2019, Argaam earlier...
audi Arabia’s Crown Prince Mohammed bin Salman announced today, Sept. 9 signing a memorandum of understanding (MoU) between India, the Middle East, and Europe for the construction of a new economic corridor. Addressing the G20 Summit in New Delhi, the Crown Prince said the...
The UAE is participating in the 18th summit of the Group of Twenty (G20) leaders, which is being held in New Delhi on 9-10 September, with the aim of boosting international cooperation and achieving sustainable economic prosperity.The UAE's participation in this year's summit as a guest country...
Saudi Arabia's Minister of Economy and Planning, Faisal Al-Ibrahim, affirmed that the Kingdom seeks to enhance the competitiveness of GCC economy. "We are determined to achieve more coordination, integration and interdependence between our countries," the minister...
The General Authority for Competition (GAC) stated that it is facing some challenges and risks, including the overlap of some government agencies' tasks with its jurisdictions. Accordingly, this may lead to some obstacles that prevent the authority from carrying out its oversight and...
Sharjah Economic Development Department (SEDD) received a delegation from the Ministry of Industry and Advanced Technology (MoIAT) to enhance mutual work, cooperation, and communication between the two parties.The meeting was attended by Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, and a...
Crown Prince Mohammed bin Salman and Russian President Vladimir Putin reviewed the bilateral relations between the two countries and opportunities to develop them in various fields, during a phone call on Sept. 6. They also discussed key areas of common interest including the BRICS summit, the ...
Saudi Arabia’s growth outlook remains positive and its financial position is strong, the International Monetary Fund has said in its latest assessment report today, Sept. 6 upon concluding the 2023 Article IV consultation [1] with Saudi Arabia. The fund praised the progress implemented by the...
Saudi Minister of Finance Mohammed Al-Jadaan welcomed the International Monetary Fund’s (IMF) praise of the reforms taking place in the Saudi economy and the Kingdom’s continuing efforts to implement economic and financial reforms. He particularly noted the fund's reference to the...