Business

Saudi EXIM Bank, InvestChile Sign MoU to Boost Economic Ties

Riyadh, The Saudi Export-Import Bank (Saudi EXIM Bank) and Chilean Foreign Investment Promotion Agency (InvestChile) have signed a memorandum of understanding to strengthen cooperation and commercial ties, promote Saudi exports and investments in Chil…

GASTAT: Non-oil Activities Grow by 4.4% During Q2 of 2024

Riyadh, The General Authority for Statistics (GASTAT) today released the real GDP Flash Estimates Publication for Q2 of 2024.

According to the publication, there was a growth of 4.4% in non-oil activities and 3.6% in government activities, while the …

Petroleum Minister Holds Talks with EBRD’s Official

Petroleum and Mineral Resources Minister Karim Badawi discussed with Managing Director for Climate Strategy and Delivery at the European Bank for Reconstruction and Development Harry Boyd and his accompanying delegation ways of boosting cooperation be…

US Fed keeps interest rate at 5.25-5.5 pct.

Federal Open Market Committee (FOMC) of the US Federal Reserve decided to maintain the target range for the federal funds rate at 5.25 to 5.5 percent.

Recent indicators suggest that economic activity has continued to expand at a solid pace, the Fed s…