RIYADH: Saudi crude oil exports and production went up in October to reach their highest levels since April 2020, Arab News quoted data released by Jodi. Saudi crude oil exports grew by 317,000 barrels/day to hit 6.83 million bpd. This corresponded to a monthly 5 per cent increase from 6.52 million bpd in September. In annual terms, … Read more
RIYADH: Saudi Arabia is expected to record a surplus of SR27 billion in 2023 and SR42 billion in 2024, Arab News quoted Finance Minister Mohammed Al-Jadaan, as saying, at a press conference; following the cabinet’s approval of the fiscal budget for 2022. He said the kingdom expects revenues to reach SR968 billion in 2023, while … Read more
KARACHI: Saudi Arabia’s General Authority of Civil Aviation (GACA) president Abdulaziz bin Abdullah Al Duailej, and International Air Transport Association (IATA) for Africa and the Middle East Region vice-president Kamel Hassan Al-Awadi, co-signed an agreement between the Kingdom of Saudi Arabia and IATA to establish its regional office in the kingdom, Saudi official news agency, … Read more
