Browsing: Development

Riyadh, November 24, 2025, SPA — The Council of Economic and Development Affairs held a meeting via video conference. At the beginning of the meeting, the council reviewed the Ministry of Economy and Planning’s quarterly economic report, which included an analysis of the latest developments in major economies, the outlook for the global economy, a comprehensive overview of the national economy across its various sectors, future projections, and the key assumptions and drivers supporting growth prospects. It noted that the Kingdom’s economy continued its strong growth, driven by the positive performance of all economic activities.

Riyadh, November 25, 2025, SPA — The National Industrial Development and Logistics Program (NIDLP) is a strategic sponsor of the Global Industry Summit 2025, the 21st General Conference of the United Nations Industrial Development Organization (UNIDO), held in Riyadh from November 23 to 27, showcasing its initiatives that enhance competitiveness and support sustainable transformation. At its pavilion, NIDLP presents its Daleel platform, a unified gateway for investors and entrepreneurs to access essential information and services. This aligns with the broader focus of the UNIDO conference on sustainable industry, empowering women, support

Saudi Arabia, Riyadh – 25 November King Faisal Specialist Hospital and Research Centre (KFSHRC) signed an agreement with the Ministry of Industry and Mineral Resources to support innovators and researchers in the industrial and mining sectors and enable them to transform their ideas into scalable products. The signing took place in the presence of H.E. Mr. Bandar bin Ibrahim Alkhorayef, Minister of Industry and Mineral Resources, and H.E. Dr. Majid bin Ibrahim Alfayyadh, CEO of KFSHRC. KFSHRC was represented at the signing by Professor Jackie Yi Ying, Director General of Research and Innovation, while the Ministry was represented by Dr.

Riyadh, November 21, 2025, SPA — The Saudi EXIM Global Partners Forum, which concluded yesterday in Riyadh after being held on November 19 and 20 under the patronage of Minister of Industry and Mineral Resources and Chairman of Saudi EXIM Bank’s Board of Directors Bandar Alkhorayef, brought together senior government and private-sector leaders, experts from export-import banks, export credit agencies, and development finance institutions from around the world, and was attended by more than 800 participants representing over 55 countries. Organized by the Saudi EXIM Bank, the forum aimed to enhance global dialogue on enabling interna

Riyadh, November 21, 2025, SPA — A memorandum of understanding (MoU) was signed to establish a strategic partnership framework between the Real Estate Development Fund (REDF), the Saudi Mortgage Guarantees Services Company (Damanat), the National Housing Company (NHC), and the Industrial and Commercial Bank of China Limited (ICBC) Riyadh branch. The MoU, signed under the patronage of Minister of Municipalities and Housing and REDF Board of Directors Chairman Majed Al-Hogail, aims to develop innovative financing and guarantee mechanisms that enable the real estate development sector to engage in EPC+F contracting with major Chinese contrac

Riyadh, November 18, 2025, SPA — As part of the memorandum of understanding signed between the Technical and Vocational Training Corporation (TVTC) in the Kingdom and the Ministry of Commerce of the People’s Republic of China, represented by the Academy for International Business Officials (AIBO), 55 TVTC staff members and leaders are participating in a workshop in Riyadh from November 18 to 27. The event reinforces the Saudi-Chinese partnership and advances the Kingdom’s training system and national competency development, in support of Vision 2030. The workshop covers key themes, including China’s national situation, ec

The flow of investment this year highlighted the acceleration of the real estate sector in Saudi and the growing interest from international players The post Cityscape Global 2025: Saudi unveils $43bn in deals as it showcases its urban future appeared first on Gulf Business.

Aster currently operates 10 hospitals, 113 clinics and 298 pharmacies in the UAE under the Aster and Medcare brands The post Aster DM Healthcare secures Dhs265m financing from EDB for Dubai expansion appeared first on Gulf Business.