Based on the estimates of the General Authority for Statistics’ Labor Force Survey, the overall unemployment rate in Saudi Arabia (for Saudis and non-Saudis) was 4.8% in Q4/2022, decreased from last quarter by 1.0 percentage points (pp) and from a year...
Posts published in “Business”
Asian shares were mostly higher on Tuesday, the Associated Press reported.Japan's benchmark Nikkei 225 edged up 0.2% to finish at 27,518.25. Australia's SandP/ASX 200 jumped 1.0% to 7,034.10. South Korea's Kospi added 0.9% to 2,430.16. Hong Kong's Hang...
Aramco has signed definitive agreements to acquire a 10% interest in Shenzhen-listed Rongsheng Petrochemical Co. Ltd. (“Rongsheng”) for RMB 24.6 billion ($3.6 billion at current exchange rates), in a deal that would significantly expand its downstream ...
The chairman of Saudi Arabia’s largest lender, the Saudi National Bank (SNB), Ammar Al Khudairy, has left his position, the bank announced on Monday. The resignation, officially “due to personal reasons,” came days after a comment he made triggered a s...
Eng. Amin H. Nasser, President and CEO of Aramco, reviewed the company's key role in ensuring China's long-term energy security and high-level development.During his keynote speech at the China Development Forum 2023, which was launched yesterday under...
Profits of China's major industrial firms fell 22.9 percent year on year in the first two months of 2023, Xinhua reported, quoting data from the National Bureau of Statistics (NBS) Monday.Industrial firms with annual main business revenue of at least 2...
Asian shares were mixed on Monday, the Associated Press reported.Hong Kong's Hang Seng gave up 0.5% to 19,815.03, and the Shanghai Composite index lost 1.1% to 3,231.28.Tokyo's Nikkei 225 added 0.4% to 27,501.60, and the Kospi in Seoul shed 0.3% to 2,4...