Saudi Arabia
In May, Saudi's PIF purchased a 16.87% stake in KHC
Supported by large fixed stock of oil reserves, stable financial system
To a record-high of SAR 2.19 billion
Saudi Foreign Minister Prince Faisal bin Farhan on official visit to Japan
Saudi, US sign 18 agreements and cooperation memoranda
The Crown Prince and the US President shake hands with fists
America acquires 11% of Saudi foreign trade in 10 years
The Public Investment Fund is betting on the future of the automotive and transportation
It seeks to transform the Kingdom into a global hub for air travel
Food and beverage segment has the greatest impact
In May, Jeddah reported its highest performance level since 2019
flynas teamed up with Amazon to offer the new service
S&P: Upturn underlined by a robust increase in new business levels
Allocations targeted several sectors including food and unemployment
Royal orders included the appointment of two deputy governors of SAMA
Single-stock futures will allow for more efficient portfolio risk management
The IPO order book was 47.5 times oversubscribed
Saudi planning to develop a trillion-dollar global tourism economy
Companies Law facilitates establishment of organizations, encourages bold investment
The banking industry showed a resurgence with an increase in profit of 40.15%
