RIYADH: Saudi Arabia, a nation which has been dependent on oil for several decades, is now on a path of transformation as the Kingdom’s Vision 2030 aims to diversify its economy by giving importance to sectors like mineral excavation and tourism. With mining touted to be a central part of these economic diversification efforts, Saudi Arabia is hosting the second edition of the
RIYADH: Saudi Arabia’s insurance sector recorded a 31.9 percent increase in its total gross written premiums to SR13 billion ($3.46 billion) in the third quarter of 2022 compared to the same period last year, according to a recent report released by the Saudi Central Bank, also known as SAMA. Gross written premiums are the total premiums an insurer writes during a specific
CAIRO: The total value of US Treasuries held by Saudi residents in June increased to $119.2 billion from $114.7 billion in May, according to data from the US Department of the Treasury. The data showed that the month-on-month rise in US Treasuries had been the highest since August 2020, contrary to the trend seen in the year’s first half. In January, the US Treasuries holdings
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How NEOM s The Line aims to achieve harmony between urban development and preservation of nature in Saudi Arabia arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.