The 46% net income growth in 2022 was due to surging oil prices after Russia invaded Ukraine.
Browsing: Arábia Saudita
Brazilian footwear exporters chose countries to promote their products over the next biennium. Priority markets include the United Arab Emirates, and secondary markets include Saudi Arabia.
A report by capital market company Riyad Capital pointed out that Saudi Arabia’s gross domestic product growth will be driven by increasing investment spending.
Saudi Arabia earned USD 22.8 billion from international oil sales in December. The commodity accounted for 79% of the country’s exports.
Revenue grew 39% compared to January 2022. China, Japan, Saudi Arabia, South Africa, and the European Union were some of the leading destinations.
The reconstruction is displayed for the public in the visitor’s center at the Hegra historical site in AlUla.
The Saudi Ports Authority announced a shipping line connecting Jubail Commercial Port with six international ports.
Facing the dunes of Saudi Arabia, Pâmela Bozzano became the first women from Brazil to compete as a pilot in the Dakar Rally. Other Brazilians also participated in the competition, and one of them made it to the podium.
The Pangeos ‘terayacht’ is a projected floating city with a capacity for up to 60,000 people with accommodations, shopping malls, and helipads. The superyacht would be able to sail around the world nonstop, equipped with electric engines and solar panels.
The country has invested in planting the crop conjoined with soybean. With estimates for a record harvest, specialists believe Brazilian producers will keep the buyers won over the last two years.
Focusing on the country’s history and tourism, Diriyah was announced as the kingdom’s new giga-project. Another four are Neom, Red Sea, Qiddiya, and Roshn.
Manoel Soares was crowned champion of the GKA Freestyle-Kitesurfing World Cup, which took place in Neom. In the women’s category, Brazilian Mikaili Sol took silver.
The Arab country launched a strategy to significantly increase the number of manufacturing plants by 2035. Exporting high-tech products is a priority.
Construction and building activities accounted for 11.6% of Saudi total non-oil economy activity in the second quarter, as the country steadily diversifies its economy.

