"The Public Investment Fund plays a strong and important role, although it undertakes less than 15% to 20% of investments," he pointed out
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration contributing to the risk of a war between Israel and Iran, addressing an issue the region has feared since the start of Israel's war in Gaza.
Saudi minister cited projects such as AlUla and The Red Sea, showcasing how sustainability is integrated at every stage, from design to implementation
Saudi Arabia said it received a record 30 million foreign tourists last year as the kingdom spends heavily on hotels, luxury projects and entertainment to transform itself into a hub for tourism.
Saudi Arabia saw service sector trade reach $144bn in 2023 and the Kingdom is investing in infrastructure to further boost the developing market.
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.
Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the global Brent benchmark, oil-index publisher S&P Global Commodity Insights said on Wednesday.
Pakistan and Saudi Arabia have reaffirmed their commitment to further strengthening the bilateral economic ties for shared prosperity. The commitment was expressed when Finance Minister Muhammad Aurangzeb met with his Saudi counterpart Mohammad bin Abdullah Al-Jadaan on the sidelines of World Economic Forum Annual Meeting in Davos.
Saudi Arabia’s non-oil economy is expected to grow by 4.8% and 6.2% in 2025 and 2026, respectively, driven by efforts to invest in human capital and m
Finance Minister Muhammad Aurangzeb met with his Saudi counterpart Mohammad bin Abdullah Al-Jadaan on the sidelines of World Economic Forum Annual Meeting in Davos. Muhammad Aurangzeb highlighted the key reform measures undertaken by the Government to promote economic stability and sustainable growth.
Finance Minister Muhammad Aurangzeb met with Chairman Saudi National Bank Saeed bin Mohammad Al Ghamdi in Davos today. During the meeting, The Finance Minister briefed the Chairman on Pakistan’s recent economic progress and the country’s improved international financial ratings.