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Tariff Ticker: The White House Had a ‘Very Busy’ Wednesday ‘Working on Trade Deals’

Tariff Ticker: The White House Had a ‘Very Busy’ Wednesday ‘Working on Trade Deals’

“We are very busy in the White House today working on Trade Deals,” Truthed President Donald Trump on Wednesday afternoon. A flurry of trade announcements, from 25-percent tariffs on India and a complete kibosh of the de minimis trade exemption,...

Government to transform education infrastructure with Saudi funded school projects

Government to transform education infrastructure with Saudi funded school projects

The Education Component of projects funded by the Saudi Fund for Development has been allocated just under 30 million dollars That’s according to Minister of Finance and Economic Planning Camillo Gonsalves. The Minister said the money will be used...

Saudi Closes Frozen Food Facilities, Production Halted In Factories Due To Contamination

Saudi Closes Frozen Food Facilities, Production Halted In Factories Due To Contamination

(MENAFN- Khaleej Times) The Saudi Food and Drug Authority (SFDA) has suspended production at several food establishments and closed a factory specialising in ready-to-serve frozen foods. The authority also seized all products after detecting...

Nawaz, Maryam discuss defense, economic ties with Saudi envoy

Nawaz, Maryam discuss defense, economic ties with Saudi envoy

The president of Pakistan’s ruling Muslim League-Nawaz (PML-N) party Nawaz Sharif and his daughter, Punjab Chief Minister Maryam Nawaz, met Saudi Ambassador Nawaf bin Said Al-Malki on Thursday to discuss strengthening bilateral defense, political...

Riyadh Air To Launch London Heathrow Flights In October On Boeing 787-9

Riyadh Air To Launch London Heathrow Flights In October On Boeing 787-9

Startup Riyadh Air is expected to begin flying to London Heathrow on October 26, which is the day northern carriers switch to winter schedules. The route from the Saudi capital is due to be announced shortly. It'll join Air Peace in being new at...

Trump Slams Canada's Support for Palestinian Statehood, Warns of Trade Consequences

Trump Slams Canada's Support for Palestinian Statehood, Warns of Trade Consequences

President Donald Trump put Canada on notice Thursday that its plans to recognize a Palestinian state in September will directly impact its ability to finish a new trade deal with the United States. “Wow! Canada has just announced that it is...

Saudi Arabia's rating upward revision depends on non-oil sector's performance: S&P

Saudi Arabia's rating upward revision depends on non-oil sector's performance: S&P

S&P Global Ratings could upgrade its ratings on Saudi Arabia if robust non-oil activity increases GDP per capita and leads to greater inflows of private and foreign capital. In March, the ratings agency raised the Kingdom’s rating to...

Currency Exchange Rates in Pakistan Today – 31 July 2025

Currency Exchange Rates in Pakistan Today – 31 July 2025

KARACHI – Pakistani rupee maintained gaining streak against various foreign currencies in open market as the buying and selling rates of Euro, Saudi Riyal and UK Pound recorded no major changes on Thursday. On July 31, US Dollar’s buying rate...

Global Perspective: Expectations rising for African economic growth, democratization

Global Perspective: Expectations rising for African economic growth, democratization

A man, center, in Niamey, the capital of Niger, is seen surrounded by his wife, children and grandchildren in this photo taken in May 2023. (Mainichi/Mitsuyoshi Hirano) By Akihiko Tanaka, Emeritus Professor, The University of Tokyo From Aug. 20 to...

BRF launches chilled chicken line in Saudi Arabia

BRF launches chilled chicken line in Saudi Arabia

Brazilian firm targets 10% market share in 18 months Brazilian meat processor BRF is launching its first line of chilled chicken products produced in Saudi Arabia, according to a statement sent to Reuters on Wednesday, aiming to get a 10% share of...

Saudi: Mouwasat logs over $102mln profits in H1-25

Riyadh: Mouwasat Medical Services Company posted 18.41% year-on-year (YoY) higher net profits at SAR 384.01 million in the first half (H1) of 2025, versus SAR 324.28 million. The revenues increased by 10.44% to SAR 1.56 billion in H1-25 from SAR...

New solar thermal and forward osmosis desalination pilot completed in Saudi Arabia

New solar thermal and forward osmosis desalination pilot completed in Saudi Arabia

King Abdullah City for Atomic and Renewable Energy (KACARE), in partnership with the Saudi Water Authority (SWA), has completed the development of an integrated water desalination system in Riyadh that uses solar thermal energy combined with...

Over 1.2 million Umrah pilgrims arrive in Saudi Arabia since Dhul Hijjah 15

Over 1.2 million Umrah pilgrims arrive in Saudi Arabia since Dhul Hijjah 15

Saudi Gazette report MAKKAH — The Ministry of Hajj and Umrah announced that over 1.2 million Umrah pilgrims have arrived in Saudi Arabia since the start of the current season on Dhul Hijjah 15, with visitors coming from 109 countries around the...

Saudi Arabia Confirms No New Rules for Foreign Umrah Pilgrims

Saudi Arabia Confirms No New Rules for Foreign Umrah Pilgrims

Saudi Arabia’s Ministry of Hajj and Umrah reaffirmed its commitment to easing procedures for international pilgrims performing Umrah, with no new conditions imposed on visitors from abroad, a senior official told Asharq Al-Awsat. Abdulmohsen...

Saudi Economy Expands 3.9% on Strong Non-Oil Momentum

Saudi Economy Expands 3.9% on Strong Non-Oil Momentum

The International Monetary Fund recently raised its Saudi GDP forecast to 3.5% for 2025, from a prior view of 3% earlier this year, saying the kingdom “has demonstrated strong resilience to shocks, with non-oil economic activities expanding,...

Saudi: Al Rajhi Takaful’s net profits up to over $53mln in H1-25

Riyadh: Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) reported net profit after Zakat attributable to the shareholders worth SAR 202.36 million in the first half (H1) of 2025, up 0.61% from SAR 201.13 million in H1-24. Meanwhile,...

Saudi: Lajeem Sports posts 9.5% higher revenues in H1-25

Riyadh: Leejam Sports Company generated net profits worth SAR 143 million in the first half (H1) of 2025, marking an annual fall of 14.37% from SAR 167 million. Meanwhile, the revenues increased by 9.41% to SAR 744 million in the first six months...

Saudi: Nahdi Medical generates over $1bln revenues in H1-25; dividends announced

Riyadh: Nahdi Medical Company recorded net profits valued at SAR 493.60 million in the first half (H1) of 2025, up 2.68% year-on-year (YoY) from SAR 480.70 million. Revenues amounted to SAR 5.16 billion as of 30 June 2025, marking an annual rise...

Saudi TGA launches autonomous delivery vehicle pilot program

Saudi TGA launches autonomous delivery vehicle pilot program

Transport General Authority (Saudi TGA) has launched a pilot program for autonomous vehicle delivery services, under the patronage of Dr. Rumaih bin Mohammed Al-Rumaih, Vice Minister of Transport and Logistic Services and Acting President of TGA....

Barq marks first year with 7 million users and SR73 billion in transactions, powering Saudi Arabia’s digital shift

Barq marks first year with 7 million users and SR73 billion in transactions, powering Saudi Arabia’s digital shift

In a scene that reflects the Kingdom’s rapid shift toward a cashless economy, Barq, the digital payments application, has recorded exceptional performance in its first year of operation. The number of its users has surpassed 7 million,...

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