Unemployment rate in Saudi Arabia declines

Saudi Arabia’s General Authority for Statistics (GASTAT) issued on Wednesday the labor market statistics for the fourth quarter of 2020. According to estimates by GASTAT based on the Labor Force

Saudi Crown Prince initiates to boost private sectors

Saudi Crown Prince Muhammad Bin Salman launched on Tuesday an ambitious and vibrant program for the private sector titled “Shareek” (Partner) with new investments amounting to SR12 trillion ($3.2 trillion).

Saudi Capital Market Authority receives 30 listing applications

Saudi Arabia’s Capital Market Authority (CMA) has received over 30 applications for offering and listing, marking the highest number of such requests since the establishment of the authority, chairman of

Al-Khorayef launches ‘Made in Saudi’ program

The Minister of Industry and Mineral Resources and Chairman of the Board of Directors of Saudi Export Development Authority (SAUDI EXPORTS) Bandar Bin Ibrahim Al-Khorayef has launched the “Made in

China has to defend Xinjiang cotton

The two factors, including the large export of Xinjiang cotton, and many foreign enterprises’ participation in the downstream of production line such as clothing manufacturing and retail sales, provide opportunities

Bangladesh prioritizes local industries in next budget

National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem said that they want to give emphasis on the local industries in the next budget to strengthen the domestic

Aramco achieves praiseworthy financial results

The Saudi Arabian Oil Company (Saudi Aramco) announced its financial results for the fiscal year 2020, through which it showed very high flexibility for the company in dealing with the

Saudi Arabia welcomes US$420 billion foreign investment

Saudi Arabia’s infrastructure and transportation sectors are seeking to attract around $420 billion in foreign investment over the next decade, said Saudi Investment Minister Khalid Al-Falih on Tuesday. A large

Saudi Aramco announces US$75 billion dividend

Saudi Aramco, the world’s biggest oil company, made a profit of almost $50 billion in a year described by CEO Amin Nasser as “unprecedented and difficult.” Announcing full year results

Joe Biden wants to raise taxes on everything

During his campaign, Joe Biden said he would “eliminate” the entire landmark Republican/Trump tax cut enacted in 2017, and that his goal was $4 trillion in higher taxes over the next