The Ministry of Planning held a joint meeting today, Wednesday, with representatives of the World Bank, to discuss the progress made in implementing projects funded by the World Bank, and the problems and obstacles facing their implementation.

The Di…

Oil prices rose on Wednesday from their lowest levels in several months, amid concerns that production will be affected by rising tensions in the Middle East.

Brent crude futures rose in European markets by $1.10, or 1.4 %, to $77.58 a barrel, while …

Riyadh, The Saudi Electricity Company (SEC) continued its strong financial performance in the first half and second quarter of 2024, according to an SEC press release issued today. Revenues climbed 15.5% year-over-year to SAR38.2 billion for H1 2024, …

Shaqra, The fourth Shaqra Pepper Festival, which concluded yesterday, was a resounding success, helping sell large quantities of the region’s distinctive peppers and pepper-based products.

The event drew significant attention from government entities…

Dammam, The King Abdulaziz Port in Dammam has set a new record for container throughput on a single vessel, handling an impressive 20,645 TEUs on the COSCO SHIPPING AQUARIUS 036E.

This achievement underscores the port’s pivotal role in supporting tra…

Labor Minister Mohamed Gobran has stressed that the state is keen to encourage investment, support industry and exports and create a favorable business climate. The minister’s remarks came on Tuesday6/8/2024 during his tour of a jasmine and perfume fa…

Dhahran, Aramco issued a press release today informing that it had signed a definitive agreement to acquire from Sumitomo Chemical an additional stake of approximately 22.5%, worth $702 million, in Rabigh Refining and Petrochemical Co. (Petro Rabigh),…