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Articles for Kingdoms, search results for economy

Saudi Arabia, China’s tourists and Sino-Saudi relations
1 year, 6 months ago

Saudi Arabia, China’s tourists and Sino-Saudi relations

Al Jazeera  

Saudi Arabia and China’s strengthening relationship is increasingly important to both Riyadh and Beijing as the kingdom pushes ahead with Vision 2030 and China with its Belt and Road Initiative. In March, Saudi Tourism Authority CEO Fahd Hamidaddin met with China’s Vice Minister of Culture and Tourism Rao Quan to discuss launching joint tourism initiatives aimed at helping the kingdom …

Tourism China Competition Saudi Arabia Saudi Gulf Chinese
Saudi Arabia gives 4% of Aramco worth $80B to fund
2 years, 10 months ago

Saudi Arabia gives 4% of Aramco worth $80B to fund

The Hindu  

Saudi Arabia said Sunday it will transfer 4% of the stock in the state-run oil giant Aramco to a sovereign wealth fund, an infusion valued at nearly $80 billion as the kingdom tries to overhaul its energy-dependent economy. Saudi Crown Prince Mohammed bin Salman, the assertive son of King Salman, made the decision to transfer the stock, the state media …

Oil Saudi Arabia Saudi Fund Mohammed Kingdom
Saudi Arabia transfers $80 billion Aramco stake to kingdom’s wealth fund
2 years, 10 months ago

Saudi Arabia transfers $80 billion Aramco stake to kingdom’s wealth fund

Hindustan Times  

Saudi Arabia transferred a stake worth about $80 billion in state oil giant Aramco to the kingdom’s wealth fund as part of plans to boost its assets under management to over $1 trillion in four years. Saudi Arabia said it will transfer 4% of its stock in the state-run oil giant Aramco to its state investment fund, a nearly $80 …

Economy Oil Wealth Transfer Saudi Arabia Fund Billion
Archaeologists in Saudi Arabia excavate kingdoms mentioned in Old Testament
3 years, 2 months ago

Archaeologists in Saudi Arabia excavate kingdoms mentioned in Old Testament

Hindustan Times  

Amid the arid desert and mountains of Al Ula in northwest Saudi Arabia, archaeologists are working to excavate the remnants of the ancient and long-forgotten kingdoms of Dadan and Lihyan. Archaeologists in Saudi Arabia excavate kingdoms mentioned in Old Testament Al Ula, a flagship tourist destination since it opened in 2019, is known chiefly for the majestic tombs of Madain …

Saudi Arabia Saudi Dadan Old Testament
Saudi Arabia's National Commercial Bank Says it Will Buy Rival Lender Samba in $15 Billion Deal
4 years, 2 months ago

Saudi Arabia's National Commercial Bank Says it Will Buy Rival Lender Samba in $15 Billion Deal

News 18  

Saudi Arabia’s National Commercial Bank on Sunday said it will purchase rival lender Samba in a deal valued at around $15 billion to create what would be the kingdom’s largest bank. “The National Commercial Bank and Samba financial group today announced that they have entered into a binding agreement to merge,” the banks said in a joint statement. “If approved …

Bank Saudi Arabia Billion Deal Samba National Commercial Bank
Mercantilist Mantras | Books
5 years, 11 months ago

Mercantilist Mantras | Books

India Today  

This is not just about economic history or the history of trade in India. Laxminama mixes a series of mythological tales, stories of historical figures to talk about trade, economy and businesses from ancient India to fairly current times. The authors start with the myths of Gilgamesh and Prithu taking us all the way to Ram Rahim and his empire. …

India Trade Kingdoms Societies