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This addition strengthens the partnership, enhancing industrial integration and cooperation for a sustainable economy
The kingdom is working in partnership with the private sector to enhance its industrial capabilities
The hub will drive Kingdom's economic diversification and serve as a catalyst for sustainable transportation
In its initial phase, TA'ZIZ will produce 4.7 million tons per annum of chemicals by 2028
Joint venture to invest in buying shares, providing loans and securing deals tied to production
The authority emphasized the crucial role of over 2,000 certified Saudi seafarers in advancing the sector
This represents the second consecutive year in which shipment volume has fallen below the 250 million mark
In 2024, Saudi Arabia rose to 15th in global container handling, according to Lloyd’s List
Honeywell Himaya Center to support Kingdom’s localization and IKTVA goals with advanced cybersecurity solutions
The UAE is Brazil's second-largest Middle Eastern trade partner, with $2.64 billion in non-oil trade in early 2024
Investment to prepare the manufacturing facility for the brand's transition to an all-battery electric vehicle future
Last year, container capacity grew 5 percent, strengthening the company's supply chain influence
The minister announced plans to launch a Mineral Resources Portal and offer mining areas for investment in 2025
This represents an increase of over $1.06 billion compared to September
Foreign trade to surpass $762.3 billion
Surpassing the total exports for the entirety of 2023, which were recorded at $5.068 billion
The sector has boosted sustainable growth, competitiveness, and contribution to the nation's GDP
This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024
The program targets enterprises in pharmaceuticals, food, engineering, chemicals, textiles, mining, and construction
The two countries underscored the importance of advancing economic cooperation and strategic integration between them
Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025
Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality
The terminal will handle 450,000 TEUs, 5 million tons of dry bulk, and 1 million tons of liquid bulk
XRG expects the transaction to close in the second half of 2025
