Tuesday, December 03, 2024
Today's News
Tuesday, December 03, 2024
Today's News

Saudi Arabia

Saudi Aramco posts $161 billion profit

It was an oil firm yearly earnings call like any other, loaded with promises to minimize discharges, commitments to diversity, ESG as well as sustainable development. Other than this was no average oil company, because Saudi Aramco is no normal company-- oil or otherwise. The…
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Saudi Arabia’s brand new airline, Riyadh Air, gets $50b war chest to take on rivals

When affordable service provider Bonza launched in Australia in 2015, it revealed it was buying four new Boeing 737 MAX eights. Saudi Arabia, house to the world's largest oil books, rolls differently. When the kingdom releases an airline company, it obtains moneyed to the tune…
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Saudi Crown Prince launches new national carrier Riyadh Air

RIYADH: Saudi Crown Royal prince Mohammed bin Salman on Sunday introduced the creation of a brand-new nationwide airline company "Riyadh Air," entirely owned by the Public Mutual Fund, the Saudi Press Agency reported. The airline seeks to allow Riyadh to become a portal to the…
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Saudi Arabia, Qatar, Egypt rank among world’s top 10 arms importers: SIPRI

Center East nations composed greater than a 4th of the leading 40 global arms importers from 2018 to 2022, according to a brand-new report. Saudi Arabia, Qatar as well as Egypt were categorized amongst the leading 10 global arms importers from 2018 to 2022, according…
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Saudi Aramco reports ‘record’ $161 billion profit for 2022

Record earnings attracts annoyed action from climate adjustment activists RIYADH-- Saudi Aramco stated on Sunday it achieved "document" earnings completing $161.1 billion in 2015, attracting a furious feedback from lobbyists alerting concerning the devastations of environment adjustment. The mostly state-owned power titan, the world's 2nd…
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Saudi Arabia launches new airline, Riyadh Air to connect 100 locations by 2030

Saudi Arabia has actually announced the launch of a brand-new nationwide airline to be led by industry veteran Tony Douglas. The brand-new carrier intends to utilize Saudi Arabia's tactical geographical place between the three continents of Asia, Africa as well as Europe as well as…
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Saudi Arabia, Germany sign 7 deals to enhance investment cooperation

RIYADH: Saudi Arabia and also Germany have signed seven contracts complying with a high-level delegation's three-day browse through to Berlin, the Saudi Press Firm reported on Wednesday. The memoranda of recognizing managed boosting teamwork in chemicals, waste management, renewable energies, engineering, progressed industries, automotives, as…
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Here’s how you can travel from the UAE to Dammam and Riyadh in Saudi Arabia for less than Dh400

The bus grabs guests on a daily basis from Abu Dhabi, Dubai and Sharjah. Dubai: If you are contemplating whether travelling on a plane or driving to Saudi Arabia is less expensive, rather you can take a bus from the UAE to Dammam or Riyadh…
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Saudi Arabia pumps $5bn into Turkish economy

The down payment will certainly supply a significant increase to the Turkish economic climate-- struggling following February's disastrous earthquakes as well as increasing inflation Ankara has been functioning to consolidate its economic and organization ties with the Gulf region by safeguarding foreign currency inflows ANKARA:…
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Saudi deposits $5 billion in Turkey’s central bank

Saudi Arabia claimed Monday it was transferring $5 billion in Turkey's reserve bank, a possibly major increase as the nation comes to grips with rising cost of living as well as damage from last month's earthquake in advance of governmental political elections. Ahmed Al Khateeb,…
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