Jeddah: The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IsDB) Group, has unveiled an ambitious initiative, offering insurance coverage to 50 IsDB member countries. This substantial commitment is valued at $2.35 billion and aims to bolster the economic resilience

Riyadh: Chairman of the Saudi Water Authority Eng. Abdullah bin Ibrahim Al-Abdulkareem has revealed that the Kingdom’s daily water desalination capacity has reached an impressive 15 million cubic meters, noting that this significant figure is equivalent to the world’s daily oil production. According to Saudi Press Agency, during his participation

RIYADH: Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Local Content and Government Procurement Authority, Bandar Alkhorayef, has emphasized that the availability of high-quality and competitive national products is essential for achieving the objectives of local content and enhancing its impact on Saudi

Jeddah: The General Council for Islamic Banks and Financial Institutions (CIBAFI), an affiliate of the Organization of Islamic Cooperation, on Wednesday held the ninth meeting of the Innovation and Technology Working Group with the participation of member countries, bank and financial institution representatives, as well as regulatory bodies and stakeholders.

Buraidah: In a regional milestone, Buraidah Oasis, a project initiated by the National Water Company (NWC) in support of the Saudi Green Initiative, has recorded the first internationally accredited water footprint in the world and the first internationally accredited carbon footprint in the Middle East and Europe. This accomplishment comes

Riyadh: The Local Content and Government Procurement Authority (LCGPA) has introduced a new “Gold Category” for the Saudi Industry Label, an extension of its “Made in Saudi” program. The announcement was made during the second Local Content Forum, held in partnership with the Saudi Export Development Authority’s Made in Saudi