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Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint

SITE will hold a 75 percent stake in the local joint venture to be set up in the Kingdom

In 2023, Saudi Arabia led the UN tourism list for the growth rate of international tourists compared to 2019

Softer U.S. inflation report strengthens bullish sentiment

OPEC believes that the oil industry will need approximately $11.1 trillion by 2045

The project primarily targets showcasing the rich heritage of the Historic Jeddah District

Framework reaffirms Saudi Arabia's position as a regional leader in sustainable finance

The Kingdom’s franchising market offers over 10,000 business opportunities

The plant, known as the Grande Côte seawater desalination plant, will have a capacity of 400,000 cubic meters per day

New twice-weekly service, operated by flydubai, commences from DXB to RSI on 18 April

Project leverages advanced technologies and emphasizes sustainability

This figure surpassed the previous peak of $17.57 billion in 2018

The Kingdom's Ambassador Dr. Abdulaziz Al-Wasel becomes first permanent representative to chair committee since 1946

Globally, spot gold remained stable at $2,195.34 per ounce

The occasion coincides with the initial launch of the Saudi Green Initiative on the same date in 2021

The Kingdom currently holds 940,000 jobs in the tourism and hospitality fields

Kingdom's private equity sector thrives, dominated by buyout transactions

Globally, spot gold stabilized at $2,179.98 per ounce

For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion

The city has seen a 14 percent increase in commercial records, surpassing 192,000 in the past five years

The index seeks to encourage enhanced company practices

China remains Saudi Arabia's top trade partner

The IPO will involve the sale of 30 percent of the company's capital

Al Ghais highlighted OPEC’s role in addressing global issues like climate change, energy transition