Riyadh: The National Debt Management Center (NDMC) and the Japanese Export Credit Agency (NEXI) have announced a significant 12-year financing agreement worth $1.5 billion. This agreement aims to support procurement activities in the water and energy …
Riyadh: Minister of Industry and Mineral Resources Bandar Alkhorayef expressed in a press statement today that the interpretations by some international news agencies regarding the Public Investment Fund’s (PIF) direction related to Manara Minerals we…
Riyadh: The General Authority for Statistics reported that Saudi Arabia’s annual inflation rate reached 2.1% in December 2025, compared to the same month in 2024. On a month-on-month basis, the Consumer Price Index rose by 0.1% from November 2025.
A…
Riyadh: Minister of Industry and Mineral Resources Bandar Alkhorayef affirmed that the Kingdom of Saudi Arabia’s mining strategy is fundamentally based on localizing processing and manufacturing operations, noting that this approach is not merely a st…