RIYADH: Saudi Arabia’s trade and economic relationship with Oman is set to be enhanced after leading institutions from the two countries signed a memorandum of understanding. The Kingdom’s Public Investment Fund inked the deal with the Oman Investment Authority in a move that will help PIF and its portfolio companies unlock investment opportunities in the …
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Qatars
Qatar’s economy bolstered by non-oil activities, says PM
RIYADH: Qatar, along with other Gulf countries, is seeing significant growth in non-oil activities as the region diversifies and seeks independence from oil, as shown by figures highlighted by the country’s prime minister. Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani stated his country’s non-oil sector grew by 9.9 percent in the fourth quarter of 2022, …