Economy
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Everything You Need to Know About PIF (Public Investment Fund)
The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia. With a total estimated asset value of…
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Crown Prince Mohammed bin Salman announces THE LINE at NEOM
His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced THE LINE,…
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Saudi Arabia discovers 4 new oil and gas fields
Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz, announced that Saudi Aramco had discovered four new oil and…
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Saudi Aramco discovers two new oil and gas fields
Saudi Aramco has discovered two oil and gas fields in northern parts of Saudi Arabia, the Saudi Press Agency (SPA)…
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70% Saudization in 9 Key Sectors Starting Muharram-01
Saudi Arabia plans to localize more jobs in retail and wholesale outlets in nine major sectors starting in Muharram 01.…
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Average Salaries in Saudi Arabia Expected to Increase by 4.5% in 2020: Mercer
Average salaries in Saudi Arabia are expected to increase by 4.5% in 2020, global consultancy firm Mercer said in its…
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Sama Withdraws Riyal Currency Note From Circulation
The Saudi Arabian Monetary Authority (SAMA) plans to withdraw one Riyal currency note from circulation and replace it with Riyal…
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Aramco Cuts Domestic Petrol Prices for Fourth Quarter
Saudi Aramco has announced reduced domestic fuel prices starting from October 20, 2019, the Saudi Press Agency (SPA) reported. The…
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Saudi Arabia to Invest Usd 100 Billion in India
Saudi Arabia is looking at investing USD 100 billion in India in areas of petrochemicals, infrastructure and mining, among others,…
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No Change in Expat Fee
The Ministry of Labor and Social Developments informs through their official twitter channel, information circulating in social media that claims…
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