Leading Saudi Arabian groups have signed six agreements with Chinese entities covering investment co-operation, construction technology, knowledge transfer, workforce development and public-private partnerships at a key industry event in Shenzhen, China.
Saudi Arabia has an opportunity to strengthen long-term retirement savings as it advances economic reforms under Vision 2030, with expanded defined-contribution retirement schemes potentially improving retirement outcomes while unlocking domestic capital for long-term investment, said a report.
Saudi Arabia has awarded licences to key industry players including Unigaz Arabia and Tazweed as well as a NGC-Zamil consortium for the establishment, development, operation and maintenance of strategic LPG infrastructure including filling and storage facilities across the kingdom.
Saudi Arabia and Indonesia reaffirmed tourism cooperation during a meeting in Toledo, Spain, focusing on boosting visitor flows, enhancing Hajj and Umrah experiences, and expanding leisure travel under their existing tourism partnership agreement.
flynas will launch direct flights between Jeddah and Rabat on July 4, becoming the first Saudi airline to operate the route and expanding air connectivity and travel options between Saudi Arabia and Morocco.
Turkish Airlines and Al Ghazal Travel and Tourism Agency are set to launch direct flights between Al-Ahsa International Airport in Saudi Arabia and Rize–Artvin Airport in Türkiye.
Saudi Arabia and Yemen have signed a $150 million agreement to supply fuel for power plants across multiple Yemeni governorates, strengthening electricity services and supporting energy stability under the Saudi Development and Reconstruction Programme for Yemen (SDRPY).
The Saudi Arabia Ministry of Energy announced the winning bidders for eight licenses covering the establishment, development, operation, and maintenance of liquefied petroleum gas (LPG) filling and storage facilities, as well as the wholesale distribution of LPG to consumers.
Saudi Arabia and France have signed a joint action programme to deepen tourism cooperation, focusing on investment, sustainability, innovation, workforce development, data sharing and destination marketing, following high-level talks on the sidelines of the UN Tourism Executive Council.
Riyadh Air, Saudi Arabia's new national carrier and a subsidiary of the Public Investment Fund (PIF), launched its inaugural flight, RX401, from King Khalid International Airport in Riyadh to London Heathrow Airport on Wednesday.
