ITFC surpasses $100bn in cumulative trade finance approvals

ITFC surpasses $100bn in cumulative trade finance approvals
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ITFC surpasses $100bn in cumulative trade finance approvals
Business
Saudi Arabia's Public Investment Fund subsidiary Sela has partnered with Tahaluf to launch a 10-year agreement to organize the Red Sea Yacht Show in Jeddah, with the inaugural event scheduled for October 14-17, 2027. This initiative aims to position Saudi Arabia as a top destination for yachting and luxury tourism, targeting over 10,000 visitors and generating an economic impact of over $500 million through yacht sales and tourism, aligning with Vision 2030's goals for tourism development.
Business
New Chancellor has little fiscal headroom for sweeping changes
Business
Saudi Arabia and Singapore's energy ministries announced on Monday their joint intention to establish a crude oil storage arrangement in Singapore, aimed at strengthening energy security and supply chain resilience.