Mohammed Al-Kinani
Saudi Business Reporter at Arab News
Business reporter @arabnews | email: [email protected] | Personal account | Jeddah, KSA
Articles
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1 day ago |
arabnews.com | Mohammed Al-Kinani
JEDDAH: Saudi Arabia and Ethiopia plan to boost economic cooperation in key sectors — including agriculture, manufacturing, and tourism — as officials from both nations met at a forum in Riyadh.
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1 day ago |
arabnews.com | Mohammed Al-Kinani
JEDDAH: Saudi Arabia is stepping up efforts to strengthen its economy by deepening private sector partnerships and improving regulatory practices, the Kingdom’s finance minister has said. Speaking during a roundtable at the US Chamber of Commerce, held on April 23 in Washington alongside the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund, Mohammed Al-Jadaan said Saudi Arabia’s Vision 2030 seeks to reshape and diversify the country’s economy.
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1 day ago |
arab.news | Nirmal Narayanan |Nour El-Shaeri |Nadin Hassan |Mohammed Al-Kinani
Saudi Arabia raises $990m through April sukuk issuance /node/2598025/business-economy April 22, 2025 18:39 Saudi Arabia raises $990m through April sukuk issuance RIYADH: Saudi Arabia’s National Debt Management Center raised SR3.71 billion ($990 million) through its riyal-denominated sukuk issuance for April, reflecting a 40.5 percent increase compared to the previous month, according to an official statement.
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2 days ago |
arabnews.com | Mohammed Al-Kinani
JEDDAH: Saudi Arabia issued 105 new industrial licenses in February, marking a 66.7 percent increase compared to January, supporting the Kingdom’s drive for economic growth and diversification. A total of 113 factories also commenced production during the second month of the year, representing a 9.7 percent increase in comparison with the previous month, according to a statement issued by the Ministry of Industry and Mineral Resources.
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2 days ago |
arabnews.com | Mohammed Al-Kinani
JEDDAH: Hotel managers, travel agency directors, and tour guides are among 41 tourism roles set to be reserved for Saudi nationals under plans to boost local employment and reduce reliance on foreign labor. In coordination with the Ministry of Tourism, the Ministry of Human Resources and Social Development announced the decision, highlighting that the move targets leadership and specialist jobs in the private sector.
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Saudi Arabia introduces 5% tax on real estate transactions https://t.co/VLVrlruOdo
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Saudi Arabia boosts industrial output with 103 new factories https://t.co/jBNQuHrOci