Riyadh: Under the auspices of the Ministry of Industry and Mineral Resources, several international companies and national entities signed strategic agreements on the sidelines of the Global Industry Summit, which concluded in Riyadh last week, aimed at developing human capital and cultivating specialized national talent in advanced industries, including the
Riyadh: The Public Investment Fund (PIF) today announced that S and P Global Ratings has assigned it an inaugural short-term credit rating of A-1 with stable outlook, which reflects PIF’s robust balance sheet, strong liquidity position, and disciplined financial management. The short-term credit rating is in line with Saudi Arabia’s
Riyadh: The credit rating agency Moody’s has updated the Kingdom of Saudi Arabia’s credit opinion report at ‘Aa3’ with a ‘stable’ outlook. The agency highlighted that the Kingdom’s credit profile is underpinned by its large and prosperous economy, supported by its vast hydrocarbon resources, improving institutional effectiveness, and a robust
Riyadh: Minister of Industry and Mineral Resources Bandar AlKhorayef inaugurated today the Industrial Transformation Saudi Arabia 2025 exhibition, organized by the ministry in partnership with Deutsche Messe and Riyadh Exhibitions Company Ltd. The event, held from December 1 to 3 at the Riyadh International Convention and Exhibition Center, brings together
Makkah: The Arab and Global Expo, organized by the Makkah Chamber of Commerce, is drawing strong participation from local and international private sector companies and institutions, alongside high interest from visitors and investors. According to Saudi Press Agency, the exhibition, which runs until December 12, aims to achieve several developmental
Riyadh: Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz, also Co-Chair of the Saudi-Russian Joint Commission, and Deputy Prime Minister of the Russian Federation Alexander Novak inaugurated the Saudi-Russian Investment and Business Forum in Riyadh. The forum, organized by the Saudi ministries of energy and investment, aimed to strengthen