Manama: On the sidelines of the fourth meeting of the Saudi-Bahraini Coordination Council, held in Manama and co-chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Kingdom of Bahrain Crown Prince and Prime Minister Prince Salman bin Hamad Al Khalifa,
Abu dhabi: Secretary-General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi highlighted the strategic benefits that make the GCC an attractive global investment destination. He cited the region’s geographical location, political stability, and robust economic foundations as key factors that enhance its status as a major player in shaping the
Tokyo: The Regional Voluntary Carbon Market Company (VCM), established by the Public Investment Fund (PIF) and Saudi Tadawul Group, has announced a memorandum of understanding (MoU) with Marubeni Corporation, a major trading house and the first Japanese company, for collaboration on carbon markets. According to Saudi Press Agency, the milestone
Makkah: Syrian industries have made a notable appearance at the Arab and Global Expo, organized by the Makkah Chamber of Commerce. The exhibition, running until December 12, reflects a growing interest in strengthening trade partnerships and developing exchange between participating countries. According to Saudi Press Agency, the Syrian pavilion attracted
Riyadh: The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Electric Power Research Institute (EPRI) today signed a strategic amendment to their framework agreement to enhance the resilience of power grids and support their readiness for the evolving energy landscape. According to Saudi Press Agency, the new amendment expands cooperation
Riyadh: Nonprofit sector revenues for 2024 rose to SAR73.1 billion, marking a 22% increase compared with 2023. Expenditures grew to SAR60.8 billion, up 17%, while compensation of employees reached SAR28.9 billion, up 13% from 2023, according to the General Authority for Statistics (GASTAT). According to Saudi Press Agency, GASTAT data