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Business

  • Travel industry
Prince Abdul Majeed Bin Abdulaziz Airport in Al-Ula
Saudi Arabia approves landing of international flights at Al-Ula airport
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  • WTO
Saudi Arabia presided the virtual G20 summit in November 2020
US urges Saudi Arabia to renounce special developing nation status at WTO
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  • Saudia
Saudia's fleet of 144 aircraft already includes A321, 777 and 787 jets
Saudia plans to order 70 Airbus, Boeing jets
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  • Turkish Lira
The sudden drop in the lira could sap confidence and stall any reversal in a dollarisation trend
Turkish lira slides for fifth straight day
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  • Huawei
Saudi Arabia announces it would open the largest Huawei store outside China in Riyadh
Huawei, controversial in West, is going strong in Gulf
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  • Egypt - Israel
The new gas pipeline project aims at boosting exports to Europe
Israel to link Leviathan gas field to Egypt LNG plants
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  • Sudan's economy
Tough but necessary measures
Sudan floats currency amid economic crisis
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  • Saudi Economy
The decision will not affect any investor’s ability to enter the Saudi market
Saudi Arabia to stop signing with firms without local HQ
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  • Dubai Airport
The travel industry's outlook remains uncertain
Dubai airport’s passenger traffic drops 70% in 2020
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  • Saudi Economy
King Abdullah Financial District in Riyadh
Saudi economy shrank 3.8% in fourth quarter
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  • Tourism
Both economies have large sectors devoted to tourism
Israel, Greece ink tourism agreement
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  • Libya's exchange rate
Though the situation is better across Libya, the scale of the improvement has not been even
Libya’s currency adjustment helps ease liquidity crisis
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  • Iraq's oil output
Exports from Basra terminals reached 2.77 million bpd in January, up from 2.75 million bpd in December
Iraq’s oil exports rise to 2.868 million bpd in January
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  • Public Investment Fund
The fund would invest 3 trillion riyals in new sectors over the next 10 years
Saudi sovereign fund to shore up assets
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  • Saudi central bank
Saudi Arabian Monetary Agency Governor Fahad al-Mubarak
Fahad al-Mubarak named Saudi Arabia’s central bank governor
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  • BeIN
Saudi Arabia’s General Authority for Competition had permanently cancelled BeIN's license in July
Saudi Arabia allows broadcast by beIN Sports
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