Business

Kuwait lures USD-675-mln FDI in ’23 – report

Kuwait attracted direct foreign investments (FDI) of up to KD 206.9 million (USD 675 million) from the period starting in April 2023 to March 2024, according to a report released by the country’s direct investment authority.

The fresh investments hav…

Eighth Future Investment Initiative conf. launches in Riyadh Tues.

The Eight Future of Investment Initiative (FII) conference will launch in Riyadh on October 29, Tuesday, under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow”.

The event, lasting until October 31, would be held under the patronage of…

Kuwait working to improve business environment — Finance Min

Minister of Finance, Minister of State for Economic Affairs and Investment and Acting Minister of Oil Noura Al-Fassam said the State of Kuwait capitalizes on its human resources while working to improve business environment and diversify its economy.

Saudi Statistics: non-oil exports increased by 7.4 pct in Aug.

Saudi non-oil exports reached SAR 27.5 billion (USD 7.32 billion) in August 2024, compared to SAR 25.6 billion (USD 6.82 billion) in August 2013, up SAR 1.9 billion according to International Trade Bulletin, announced Saudi General Authority for Stat…