RIYADH: Around the world, electric vehicles are already revolutionizing leisure, public transportation and logistics, shrinking the carbon footprint of travel, improving air quality and reducing pollution in the air, on land and in the sea. As Saudi Arabia embarks on a range of environmental initiatives designed to address the challenges posed by climate change and … Read more
RIYADH: Saudi Arabia’s crude production reached a seven-month high of 9.01 million barrels per day in February, data from the Joint Organizations Data Initiative showed. This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month. Furthermore, the data indicated that the Kingdom’s crude exports rose to 6.32 million bpd, reflecting … Read more
e& enterprise reaffirmed its commitment to accelerating Saudi Arabia’s digital future during an exclusive gala dinner held in partnership with King Abdullah Financial District and International Data Corporation. With more than 150 executives across industries in both public and private sectors in attendance, the event provided a platform for e& enterprise to showcase its unique … Read more
RIYADH: Saudi banks extended loans totaling SR2.62 trillion ($700 billion) in January, marking an 11 percent rise from the same month in 2023, according to official data. Figures released by the Kingdom’s central bank showed an increase in personal loans accounted for 33 percent of this growth, while the remaining 67 percent was attributed to … Read more
RIYADH: Saudi banks extended loans totaling SR2.62 trillion ($700 billion) in January, marking an 11 percent rise from the same month in 2023, according to official data. Figures released by the Kingdom’s central bank showed an increase in personal loans accounted for 33 percent of this growth, while the remaining 67 percent was attributed to … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 40.74 points, or 0.32 percent, to close at 12,618.62. The total trading turnover of the benchmark index was SR7.59 billion ($2.02 billion) as 151 of the stocks advanced, while 66 retreated. On the other hand, the Kingdom’s parallel market Nomu slipped 129.53 points, or … Read more
For eight consecutive years, the International Institute for Iranian Studies has published its prominent Annual Strategic Report, offering its esteemed readership a comprehensive and in-depth analysis of world dynamics, whether in the political, military, security or economic spheres. With each year, Rasanah has expanded its scope of discussion, covering new regions — trying to keep … Read more
RIYADH: Saudi Arabia plans to stimulate urban policies to ensure coordinated services for residents by 2025 as part of its efforts to boost quality of life, says top minister. Speaking during the opening remarks of the first Global Smart City Forum held in Riyadh, the Kingdom’s Minister of Municipal and Rural Affairs and Housing Majid … Read more