Saudi Arabia’s FDI stock surges to $215 billion in 2023
Saudi Arabia's Foreign Direct Investment (FDI) has experienced significant growth, reaching nearly $215 billion in 2023. Khalid Al Falih, the Saudi Minister of Investment, attributes...
Tag : Saudi Arabia
Edge, Turkish Aerospace forge partnership at World Defence Show
At the prestigious World Defence Show in Riyadh, Saudi Arabia, today, EDGE, a global leader in advanced technology and defense, and Turkish Aerospace, a prominent...
MENA witnesses $10.7 billion from 48 IPOs in 2023
The Middle East and North Africa (MENA) region experienced a remarkable surge in initial public offerings (IPOs) in 2023, with a total of 48 listings...
South Korea edges Saudi Arabia in AFC Asian Cup 2023 shootout
South Korea's Jo Hyeon-woo emerged as the hero in a nail-biting encounter at Education City Stadium on Tuesday, propelling his team to the quarter-finals of...
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year....
Australia bows out, leaving Saudi Arabia unopposed for 2034 World Cup bid
In a surprising turn of events, the Kingdom of Saudi Arabia remains the sole contender in the race to host the 2034 FIFA World Cup....
NMDC showcases impressive AED1.513 billion net profits in nine months of 2023
The National Marine Dredging Company (NMDC) is riding high on financial success. The prominent player in the dredging sector recorded a significant uptick in its...
Prime Minister Modi leads India’s Independence Day with optimism and vision
India marks its 77th Independence Day with fervent patriotism and spirited celebrations, both within its borders and on international soil. The ceremony in the country...
Lebanon’s rising tensions prompt advisories from Saudi Arabia and Kuwait
In light of the recent violent clashes in Sidon, Lebanon, Saudi Arabia has urgently called upon its citizens to depart from Lebanese territories promptly. The...
Pakistan urgently seeks $3 billion from KSA after plunge in forex reserves
Pakistan has requested Saudi Arabia to urgently provide $3 billion in cash after its foreign exchange reserves fell to a critically low level. During his...