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Europe
Banking & Finance
Saudi Fund for Development invests $205 million in Serbia for agriculture, education, and energy projects
The funds will create jobs, boost the economy, and enhance Serbia’s global standingÂ
Economy
Saudi Arabia to import 307,000 tons of wheat for strategic reserve maintenance
This shipment is crucial for maintaining strategic wheat reserves and meeting the needs of milling companies
Economy
Saudi Arabia, U.K. discuss advancing 79 initiatives across 13 sectors and $103 billion bilateral trade
The discussions also covered Saudi Arabia's Vision 2030 and ongoing economic and development reforms
Banking & Finance
Saudi fund deploys $20 billion globally in 50 years
800+ development projects have been funded by SFD since inception
Banking & Finance
Saudi Arabia’s holdings in U.S. treasuries surge to $135.9 billion
This represents a 3.66 percent rise compared to the previous month
Logistics
Saudi Arabia, Estonia sign MoU to advance transportation technologies
The deal seeks to harmonize policies and legislation, and facilitate expertise exchange to address transport and logistics challenges
Real Estate
Saudi Arabia’s minister highlights $3 billion in Spanish real estate investments, announces upcoming development agreement
40 percent of Spain's investments in Saudi Arabia over the past 10 years has been in the real estate sector
Markets
Saudi Arabia gold prices rise as geopolitical uncertainty boosts bullion’s global appeal
Gold maintains safe-haven appeal despite Federal Reserve's stance on rates
Energy
Oil demand will reach a record 104 million barrels per day in 2024: Aramco CEO
Nasser emphasizes the effectiveness of carbon capture in mitigating greenhouse gasses
Markets
Gold prices surge as Fed’s interest rate decision nears
Rising geopolitical risks and monetary policy uncertainty drive investors towards safe-haven assets
Markets
Gas prices in Europe reach highest levels in 4 months
Futures prices up 12 percent to just under 50 euros per megawatt