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  • Egypt
    As Egypt’s Population Hits 100 Million, Celebration Is Muted

    Hitting 100,000,000 marked human plenty, certainly, but also an uneasy moment in a country gripped by worries that its exploding population will exacerbate poverty and unemployment, and contribute to the scarcity of basic resources like land and water.

  • Saudi Aramco
    How Saudi Aramco is digitalising its operations

    In this industry, which generates massive quantities of highly detailed traditional and digital information, data is integral to finding and maintaining long-term energy supplies, integrating refining and chemicals, and making energy more sustainable at every stage. With digitalisation taking place across the company’s different businesses, this volume is expected to increase exponentially.

  • Sarah Al-Suhaimi
    Sarah Al-Suhaimi, chairperson of the Saudi Arabian Stock Exchange

    The Saudi Arabian Stock Exchange (Tadawul) recently reappointed Sarah Al-Suhaimi as chairwoman for the board of directors for a new three-year term.

  • National Development Fund
    Saudi Arabia’s $93bn fund finalising strategy for infrastructure co-investments by April

    Saudi Arabia’s National Development Fund, a 350 billion Saudi riyals (Dh342.7bn) investment vehicle, expects to finalise by April a strategy that will lay the framework for its co-investments in the kingdom’s infrastructure projects with private sector investors, its governor said. “We have teams that are developing that approach now,” Stephen Groff told The National on the sidelines of the Milken Institute Middle East and Africa Summit in Abu Dhabi on Tuesday.

  • General Authority for Military Industries
    GAMI to Spur Tenfold Increase in Localization of Saudi Defense Spending

    “Our present defense industry is nascent, with a huge potential,” he said. “Current local manufacturing is mainly focused on ammunition, light weapons, and armored vehicles. GAMI aims to [augment this] over the coming decade, and we have identified 11 priority sectors for localization, including defense electronics, guided munition, missiles and launchers, and unmanned aerial vehicles (UAV).

  • Saudi-Russia
    Russian, Saudi firms discuss joint projects, $10 bln investment – RDIF

    Russia's RDIF sovereign wealth fund said on Wednesday that Russian and Saudi companies have held discussions on possible joint projects as well as potential investment worth more than $10 billion. The discussions took place in Saudi Arabia as Russia and the Organization of the Petroleum Exporting Countries discussed further cooperation on the global oil market. Saudi Arabia, a leading voice in OPEC, has been trying to persuade Russia to join deeper oil production cuts. Moscow has said it will disclose its stance on that proposal in the coming days.

  • Ministry of Justice
    Saudi justice ministry enables electronic exchange of briefs

    The new system abridges about 70 percent of procedures and directs clients straight to the assigned notary’s office without having to go through the data entry hall.

  • Environment
    Saudi Arabia’s Prince Khaled bin Alwaleed sees a big future for plant-based foods

    Prince Khaled bin Alwaleed, an avowed vegan and the founder and chief executive of KBW Ventures, told CNBC Tuesday that the companies he invests in have to be capable of generating revenue — but they need to have a positive impact on the world as well.

  • KPMG 2020 CEO Outlook
    Agile or Irrelevant: KPMG 2020 Saudi CEO Outlook

    The CEO Outlook is based on the input of 50 CEOs in Saudi Arabia, compared with KPMG’s annual global survey amongst 1300 of the world’s leading CEOs and assesses some of the important international trends impacting Saudi Arabia and how companies can chart new business strategies for success over the next three years.

  • Coronavirus
    Asian Buyers Taking Less Saudi Oil on Demand Hit From Virus

    At least four Asian oil refiners will take delivery of less Saudi Arabian crude than planned in March as the virus dents demand for fuel and creates a glut of alternative supplies, according to people with knowledge of the companies’ imports. The companies, which include three Chinese buyers, asked for lower volumes as part of their long-term supply contracts with Saudi Aramco, according to the people, who asked not to be identified due to company policy.