Economy 1352
Saudi ministers visit world’s first liquefied hydrogen carrier in JeddahÂ
[ad_1] RIYADH: In a transfer to promote larger non-public participation within the mining sector, Saudi Arabia issued 34 new licenses in Could, because the sector continues to develop consistent with the Imaginative and prescient 2030 financial diversification plan. In accordance with the Saudi Ministry of Business and Mineral Useful resource, the permits embrace 20 for exploration, adopted by 13 for the constructing materials trade. It additionally issued one license for mining […]
Hunger afflicts one in ten globally, UN report finds
[ad_1] The State of Meals Safety and Diet within the World revealed that between 691 and 783 million individuals confronted starvation in 2022, with a mid-range of 735 million, representing a rise of 122 million individuals in comparison with 2019. It additionally provides as much as a grim warning, probably jeopardizing the Sustainable Development Goal of […]
Behind at halftime, but all still to play for in race to 2030 as top political forum closes
[ad_1] Over the previous ten days, world leaders, policymakers, and key stakeholders gathered to evaluate progress, share experiences, and focus on methods for advancing sustainable improvement. The HLPF serves as a central platform for monitoring and reviewing the implementation of the SDGs, which have been adopted by all UN Member States in 2015. These targets […]
China rolls over $600m loan to Pakistan
[ad_1] ISLAMABAD: China has rolled over a $600 million mortgage to Pakistan, serving to to shore up the South Asian nation’s international alternate reserves on the again of an Worldwide Financial Fund deal, Prime Minister Shehbaz Sharif mentioned on Tuesday, based on Reuters. This was along with over $5 billion in loans that longtime ally China […]
Riyadh Air partners with Prince Sultan University to build flight simulation centerÂ
[ad_1] RIYADH: In a transfer to promote better personal participation within the mining sector, Saudi Arabia issued 34 new licenses in Might, because the sector continues to develop in step with the Imaginative and prescient 2030 financial diversification plan. In response to the Saudi Ministry of Business and Mineral Useful resource, the permits embrace 20 for exploration, adopted by 13 for the constructing materials business. It additionally issued one license […]
Aramco, OQ Technology sign MoU to enhance satellite IoT connectivity at remote sites
[ad_1] Saudi Arabia eyes extra collaboration with Central Asian international locations: funding minister RIYADH: Saudi Arabia has maintained deep ties with Central Asian international locations and hopes to strengthen them sooner or later, mentioned a high authorities official. In line with the Saudi Press Company, Funding Minister Khalid Al-Falih mentioned the explanation the Kingdom hosted the […]
Saudi Arabia issues 34 new mining licenses in May Â
[ad_1] Aramco, OQ Know-how signal MoU to reinforce satellite tv for pc IoT connectivity at distant websites RIYADH: In a major technological transfer aimed toward enhancing operational efficiencies downstream, Aramco has partnered with OQ Know-how, a world 5G internet-of-things community operator, to consider automation and satellite tv for pc IoT connectivity for the oil large’s distant website infrastructures. Satellite tv for pc IoT networks are gaining acceptance as they can ship low-cost connectivity to […]
Bahrain’s economy grows in Q1 as non-oil sector rises 3.5% Â
[ad_1] RIYADH: International oil costs had been little modified on Wednesday as markets weighed US demand considerations towards China’s pledge to assist financial development. Brent futures had been flat at $79.63 a barrel by 11:00 a.m. Saudi time, whereas US West Texas Intermediate crude edged 10 cents decrease to $75.65 per barrel. On the availability aspect, […]
Saudi banks set to perform well despite tighter liquidity: FitchÂ
[ad_1] RIYADH: Saudi Arabia and Turkiye have signed an vitality settlement aimed toward boosting cooperation in oil and gasoline manufacturing throughout a high-level assembly. The Kingdom’s Crown Prince Mohammed bin Salman held talks with President Recep Tayyip Erdogan on the gathering, which got here because the Turkish chief undertakes a three-state Gulf tour. A memorandum […]
Oil Updates — crude prices steady; QatarEnergy reports 58% surge in profit
[ad_1] RIYADH: International oil costs had been little modified on Wednesday as markets weighed US demand considerations towards China’s pledge to help financial development. Brent futures had been flat at $79.63 a barrel by 11:00 a.m. Saudi time, whereas US West Texas Intermediate crude edged 10 cents decrease to $75.65 per barrel. On the availability aspect, […]
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