BUSINESS NEWS | Saudi GDP Growth Projected To See An Uptick This Year, Backed By Non –Oil Sector: Central Bank

RIYADH | Saudi Arabia’s economic growth is projected to see an uptick this year, backed by the non – oil economy, the country’s central bank governor said on Saturday. Saudi Arabian Monetary Authority (SAMA) Governor Ahmed Al-Kholifey, also told an economic conference in Riyadh that it was too early to get the full picture of … Continue reading BUSINESS NEWS | Saudi GDP Growth Projected To See An Uptick This Year, Backed By Non –Oil Sector: Central Bank

Business | Saudi Cabinet Gives Go-Ahead For Businesses To Open 24/7 In Kingdom

Riyadh, Saudi Arabia – The Saudi Cabinet on Tuesday announced that businesses in Saudi Arabia are to be given the option to remain open 24 hours a day. Minister of Commerce and Investment Dr. Majid Al-Qassabi thanked King Salman and the Crown Prince Mohammed bin Salman for the decision, which he said would improve the … Continue reading Business | Saudi Cabinet Gives Go-Ahead For Businesses To Open 24/7 In Kingdom

BUSINESS | BMW and Daimler Team Up On Automated Driving

Bucharest, Romania – Some 1,200 developers at BMV and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers forced to pool their development resources at a time of shrinking margins. The strategic partnership will focus on developing technologies for assisted driving systems, automated driving on highways and … Continue reading BUSINESS | BMW and Daimler Team Up On Automated Driving