Moscow: Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held a bilateral meeting today in Moscow with Russian Minister of Natural Resources and Environment Alexander Kozlov, as part of the Saudi minister’s official visit to the Russian Federation. The meeting focused on ways to enhance cooperation between the two
Moscow: Minister of Industry and Mineral Resources Bandar Alkhorayef held high-level meetings with leading Russian industrial and mining companies during his official visit to the Russian Federation. The engagements aim to strengthen Saudi Arabia’s international industrial ties, attract investment, and position the Kingdom as a global leader in industry and
Riyadh: The Capital Market Authority’s (CMA’s) board has approved a set of amendments aimed at facilitating the procedures for opening investment accounts for various categories of investors. The efforts are part of the draft to amend the “Investment Accounts Instructions, the Rules for Foreign Investment in Securities, and the Capital
Riyadh: The Saudi Stock Exchange Main Index ended trading lower today, dropping 0.82 points to close at 11,276.91. The total value of trading amounted to SAR 4.9 billion. According to Saudi Press Agency, the Saudi Parallel Market Index (NOMU) closed higher, gaining 31.28 points to settle at 27,479.50, with a
Riyadh: The General Authority for Statistics (GASTAT) released the Industrial Production Index (IPI) statistics for May 2025 today, showing a 1.5% increase compared to May of the previous year, driven by the rise in mining and quarrying activity, manufacturing activity, and water supply, sewerage, and waste management and remediation activities.
Yekaterinburg: Russian Prime Minister Mikhail Mishustin visited the Saudi pavilion at the INNOPROM 2025 International Industrial Trade Fair in Yekaterinburg, Russian Federation. He was welcomed by top Saudi officials, including Minister of Industry and Mineral Resources Bandar Alkhorayef, Assistant Minister of Investment Abdullah Aldubaikhi, and Saudi Arabia’s Ambassador to Russia