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Kingdom joins Shanghai Cooperation Organization as "dialogue partner"
Labor force participation rate increased by 1 percentage point
Saudi company takes $3.6 bn stake in Chinese oil refinery Rongsheng
Banks likely to remain on a profitable path in 2023
He will be replaced by Saeed Mohammed Al Ghamdi
Project expected to create 25,000 jobs in the city
Deals include qualitative projects, events, academies, and medical clinics
Interview with Khalid Al-Osaimi, Vice President of Wholesale Marketing, Mobily, Saudi Arabia
By providing digital infrastructure
Plan is to increase local content in the wealth fund's portfolio companies
Fund inked 4 agreements with local entities to develop the private sector
Increase in housing, water, electricity, and gas prices by 7%
Oil rises on OPEC expectations of demand from China
Riyadh Air expected to buy 39 of the wide-body jets
Creating more than 200,000 direct, indirect jobs
Cash dividend of $19.5 bn for Q4
Confirms its outstanding achievements in driving sustainability in region
Agreements aim to support small and medium enterprises
Saudi GDP rose 5.5% in Q4
Government initiatives driving growth in segment
stc Group is Diamond Sponsor of Capacity Middle East 2023,
To develop more efficient gasoline engines and hybrid systems
Investment will be funded by a combination of long-term debt and equity