DUBAI: The International Atomic Energy Agency, the global overseer of the nuclear industry, says it is collaborating with Saudi Arabia to assist the Kingdom in developing its nuclear power production sector. Given its key role in the regional energy landscape, there is a pressing need for production to transition from fossil fuels to low-carbon or zero-carbon emitting sources. “We have …
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RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman affirmed the government’s commitment to enhance economic growth through the expansion of government spending as reflected in budget 2024 on Wednesday, the Saudi Press Agency reported. He said the budget announced by King Salman will help support various ongoing programs and initiatives to improve the Kingdom’s investment environment, strengthen infrastructure, and raise …
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RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 30.19 points, or 0.27 percent, to close at 11,174.02. The total trading turnover of the benchmark index was SR5.78 billion ($1.54 billion) as 118 of the listed stocks advanced, while 95 retreated. Similarly, the MSCI Tadawul Index rose 1.15 points, or 0.08 percent, to close at 1,435. The Kingdom’s …
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RIYADH: A new policy on climate change and framework for environmental, social, and corporate governance was launched by the Islamic Corp. for the Insurance of Investment and Export Credit at the UN Climate Change Conference in Dubai. The ICIEC, a member of the Islamic Development Bank Group, revealed that the policy aims to integrate governance principles into the institution’s operations, …
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Saudi environment ministry initiates programs to propel agricultural sector growth RIYADH: Several initiatives are underway in Saudi Arabia by the Ministry of Environment, Water, and Agriculture to drive the growth of the agricultural sector and bolster its contribution to the gross domestic product through strategic training and investment incentives. Among these efforts are projects aimed at localizing agricultural professions through …
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