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Saudi imports from China up 17 8 percent in 2020 to $28 1bn

RIYADH:  Saudi imports from China rose 17.8 percent year-on- year in 2020 to $28.1 billion, according to a report from Mubasher, citing figures from China Customs. Despite this increase, the Kingdom’s overall trade surplus with China was down 63.9 percent last year to $6.2 billion, the report said. Trading between the two nations has remained steady. On Wednesday, Reuters news agency reported that Chinese govern- ment data showed the Kingdom was still the world’s biggest oil exporter, as well as beating Russia to keep its ranking as China’s top crude supplier in 2020. Oil demand in China, the world’s top oil importer, remained strong last year despite the challenges brought on by the coronavirus disease (COVID-19) pandemic. Chinese imports rose 7.3 percent to a record 542.4 million tons, or 10.85 million barrels per day (bpd).

Saudis delay jobless figures again, raising doubt about pledge to youth

Saudis delay jobless figures again, raising doubt about pledge to youth January 22, 2021 at 2:42 pm | Published in: Middle East, News, Saudi Arabia Young Saudis gather at the Riyadh Season Boulevard in the Saudi capital on 31 January 2020 [FAYEZ NURELDINE/AFP via Getty Images] January 22, 2021 at 2:42 pm Saudi Arabia has delayed the publication of highly sensitive unemployment data for the fourth time, raising questions about Crown Prince Mohammed Bin Salman s modernisation plan which pledged to create more jobs for millions of unemployed young people. The Kingdom s labour market report for the third quarter of 2020 was meant to be published in late December, but was rescheduled several times before officials simply removed the release date from the Saudi Statistics Authority website. The authority is said to need more time due to the importance of the target period.

Golf Saudi CEO sees bright future for the sport with The Line

JEDDAH: Golf Saudi CEO Majed Al-Sorour has hailed the launch of The Line, a zero-carbon urban-development project, as being the Kingdom’s most ambitious project to date. Al-Sorour said the announcement from Crown Prince Mohammed Bin Salman about The Line, as well as other big projects including NEOM, was a blessing for world tourism and investment. It was also good news for the future of golf because the sport was associated with beaches, smart cities, and high-end tourism, he added. “The clean, high-tech environment that The Line will create will no doubt allow golf courses to flourish due to their aesthetics, environmental development and consideration for health and nature in conjunction with Saudi Arabia’s Vision 2030. Turning the Red Sea Coastline into a hub for golf.”

Arabia Saudí: Cinco menores, a la espera de que se revoque su pena de muerte

Arabia Saudí: Cinco menores, a la espera de que se revoque su pena de muerte
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