China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Monday, unchanged from the previous month.
The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from th…
Riyadh: A delegation from the Saudi Export Development Authority (Saudi Exports) is presently on an official visit to the Sultanate of Oman from April 22-23, 2024. The visit aims to review several topics related to enhancing the access of national pro…
Dhahran, Aramco, one of the world’s leading integrated energy and chemicals companies, said in a statement issued today that it has entered into discussions with Hengli Group Co., Ltd. (Hengli Group) regarding the potential acquisition of a 10% stake …
Riyadh: stc Group CEO Olayan Mohammed Alwetaid said that the largest telecommunications towers company in the region became a reality following PIF’s signing of definitive agreements to acquire a majority stake in Tawal.
Alwetaid, in a statement to t…
Jeddah: CEO of Jeddah Airports Company (JEDCO) Mazen Johar, has highlighted the implemented measures to facilitate passengers’ procedures during the peak season of Umrah, spanning from Ramadan until the 9th of Shawwal.
Johar highlighted that these me…
Riyadh: King Abdullah City for Atomic and Renewable Energy (KACARE) is participating in the World Energy Congress, which is taking place in Rotterdam, the Netherlands, from April 22 to 25.
By taking part in the event, KACARE aims to show the Kingdom’…