Kuwait’s Minister of Finance and Minister of State for Economic and Investment Affairs Dr. Anwar Al-Mudhaf said the projected revenues in the state budget of FY 2024-2025 amount to KD 18.9 billion (nearly USD 61.6 billion), down by 2.8 percent from th…

South Korean companies Hyundai Motor Group and LG Energy Solution launched on Wednesday their first electric vehicle (EV) battery cell production plant in Indonesia with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.

“This is the fir…

Riyadh: Folk Maritime Services Company, a PIF company and one of the region’s leading feeder and short-sea services provider, has signed a strategic memorandum of understanding with Bahri Ship Management, a subsidiary of the National Shipping Company …

Istanbul: Minister of Municipal, Rural Affairs and Housing Majid bin Abdullah Al-Hogail and the Republic of Trkiye Presidency’s investment office chief Burak Daglioglu met Tuesday in Istanbul to discuss fostering cooperation.

Al-Hogail emphasized the…

Riyadh: The Ministry of Commerce has announced the start of implementing a ministerial decision issued by Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi to impose direct fines on anyone who fails to submit financial statements in accordance wit…

Riyadh: ROSHN Group has signed a Memorandum of Collaboration with the Ministry of Tourism that will support the realization of the Kingdom’s National Tourism Strategy and the achievement of targets, including welcoming 150 million tourists and generat…

Vienna: King Abdullah City for Atomic and Renewable Energy (K.A.CARE) is participating in the International Conference on Nuclear Knowledge Management and Human Resources Development, held from July 1 to 5 at the headquarters of the International Atom…