News Agencies Feed 

GOVERNMENT

Minister of Finance leads the Saudi delegation at the Annual IMF, World Bank, and G-20 Meetings 2018
October 11, 2018

Mohammed bin Abdullah Al-Jadaan, Minister of Finance, will lead the
Saudi delegation participating in the annual IMF and World Bank
meetings, which will be held in the Indonesian city of Bali from 11-14
October 2018. The Saudi delegation includes Mohammed bin Mazid Al
Twaijri, Minister of Economy and Planning, Dr. Ahmed bin Abdul Kareem Al
Khulaifi, Governor of the Saudi Arabian Monetary Agency, and Dr. Dr.
Khalid bin Sulaiman"...

Continue Reading >

CITC Governor heads the Kingdom's delegation at 16th AREGNET Annual Meeting in Bahrain
October 8, 2018

The Governor of Communications and Information Technology Commission,
Dr. Abdulaziz bin Salem Al Ruwais, headed the Kingdom's delegation
participating in 16th annual Arab Regulators Network (AREGNET) meeting
held in Manama, Kingdom of Bahrain, during the period from 23 to 24
Muharram 1440H, in the presence of the Governors of the
Telecommunications Regulatory Authorities and Information Technology in
the Arab States.
"...

Continue Reading >

Saudi crown prince says economic reforms 'on track'
October 6, 2018

Saudi Arabia’s ambitious attempt to overhaul its oil-dependent economy is on track and indicators that suggest otherwise - like a surge in unemployment and a slump in foreign investment - will soon change direction, the kingdom’s crown prince said.

The jobless rate, now the highest in more than a decade at 12.9 percent, will start falling next year as higher oil prices permit"...

Continue Reading >

South Africa trade with Saudi Arabia ‘on upward trend’
October 2, 2018

RIYADH — South Africa Embassy, in collaboration with Riyadh Chamber of Commerce and Industry, held South African medical devices and food products at International Trade and Investment Seminar here on Sunday.

South Africa Trade and Industry Minister Dr. Rob Davies spoke to Saudi Gazette, and said: “From a trade perspective, total trade between our two countries which reached R55.5 billion in 2017, is back on an upward trend after the commodities"...

Continue Reading >

Lockheed Martin Appoints Joseph Rank to Lead Saudi Operations
October 1, 2018

Lockheed Martin (NYSE: LMT) today announced Brigadier General (Retired) Joseph (Joe) Rank as the Chief Executive for Lockheed Martin Saudi Arabia. Rank will lead the company's growing business in the Kingdom with responsibilities for building and cultivating key partner relationships and supporting the Kingdom's strategic business pursuits. Rank takes over the position from Alan Chinoda who will be returning to Lockheed Martin based in the United States.

"...

Continue Reading >

SR1.106tr estimated budget for 2019
October 1, 2018

Saudi Arabia’s estimated budget for 2019 is expected to a reach record level at SR1.106 trillion, SR100 billion more than what the government projected last year, Finance Minister Mohammed Al-Jadaan said on Sunday.

Speaking at a briefing ahead of the expected release in December of the state budget for 2019, Jadaan said next year’s state revenues were expected at SR978 billion, up 11 percent from the number currently projected for 2018....

Continue Reading >

KSA, South Africa to identify joint projects in different sectors
October 1, 2018

Saudi Arabia and South Africa will hold a ministerial meeting in Riyadh on Monday to broaden the format of their bilateral cooperation and to identify joint projects within the framework of the joint economic commission. This meeting is preceded by an announcement by a Saudi company to set up a mega solar power project in South Africa.
This was disclosed by Dr. Rob Davies, South African minister of trade and industry, in an exclusive interview with Arab News"...

Continue Reading >

Apps World forum to draw over 15,000 visitors in Jeddah
October 1, 2018

JEDDAH: After the success of Applications World Forum (Apps World) first edition last year, the Jeddah Entrepreneurship Committee (JEC) and Jeddah Chamber of Commerce and Industry are organizing the second edition of Apps World, under the patronage of Makkah Gov. Prince Khaled Al-Faisal.
Apps World, which is being held from Thursday to Saturday at the Ritz-Carlton, Jeddah, is considered “the only one of its kind in the electronic applications sector,"...

Continue Reading >

Czech parliament delegation holds talks with top officials
September 30, 2018

RIYADH — Radek Vondracek, president of the Chamber of Deputies of Czech Republic’s parliament, arrived in Riyadh on an official visit to Saudi Arabia accompanied by an important delegation.

Vondracek met with President of the Shoura Council Abdullah Al-Sheikh and Undersecretary of the Ministry of Foreign Affairs for Political and Economic Affairs Adel Merdad. They held friendly discussions on topics of interest to the two friendly countries"...

Continue Reading >

Saudi Arabia, US agree to cooperate on intellectual property rights
September 30, 2018

JEDDAH: The Saudi Authority for Intellectual Property and the US Patent and Trademark Office signed a memorandum of understanding (MoU) to cooperate in the field of intellectual property rights, and to exchange experiences and visits by specialists.

The MoU was signed on the sidelines of the 58th General Assembly of the Member States of the World Intellectual Property Organization in Geneva.

"...

Continue Reading >