With progressive relaxations being introduced in lockdown, the Saudi Ministry of Tourism recently launched an initiative to boost domestic tourism. Named ‘Saudi Summer’, it aims to restart and promote tourism in a big way. The slogan adopted for the initiative
Successfully overcoming months of oil market volatility, Saudi Arabia has regained its position as the world’s biggest oil exporter once more, surpassing the US. The US had overtaken the Kingdom, acquiring the top position during the middle of last year.
Saudi Arabian petroleum and natural gas giant, Saudi Aramco, recently sealed a $69.1 billion deal involving the acquisition of a 70 percent stake in SABIC, world’s fourth-biggest petrochemicals company. This deal, which happens to be one of the biggest in