Archive for the ‘Saudi Arabia’ Category

Digital Transformation at Forefront of Global Trade as New Pacts Address Tech and E-Commerce

February 16, 2026

The critical role of emerging technologies in reshaping global trade ecosystems was the central theme at the WORLDEF Dubai 2026 forum, which drew nearly 18,000 attendees from 80 countries. The discussions coincide with new international trade agreements that are beginning to formally integrate rules for the digital economy. According to the Emirates News Agency, […]

US Regulators and Saudi Banking Giant Push for Blockchain Frameworks and Real-World Adoption

Information technology, News, Saudi Arabia, United States

February 3, 2026

Global financial regulators and major banking institutions are accelerating efforts to create structured frameworks for blockchain technology, signaling a move toward mainstream integration. In a landmark announcement on January 30, 2026, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) revealed a joint initiative named "Project Crypto," according to a [...]

US and Saudi Arabia Set to Strengthen Trade and Cooperation in AI, Defense, and Nuclear Energy

News, Saudi Arabia, Trade Relations, United States

November 19, 2025

The United States and Saudi Arabia are set to announce a series of agreements on Tuesday that are expected to strengthen trade and investment ties, covering defense sales, civil nuclear energy cooperation, and a multibillion-dollar investment in U.S. artificial intelligence infrastructure, a senior U.S. administration official said. The deals highlight both countries’ commitment to […]

Cloud Solutions Leads Saudi Arabia’s Digital Health Transformation with AI-Enabled Innovations

Information technology, ITC Featured Member, News, Saudi Arabia

November 4, 2025

Cloud Solutions has established itself as Saudi Arabia’s leading digital health transformation partner, redefining traditional healthcare delivery through advanced technology, AI-driven platforms, and deep expertise in sector transformation. Rooted in the healthcare industry itself, the company has been working alongside government and private institutions for more than two decades to implement comprehensive digital solutions that […]

Cloud Solutions Nominated for the Go Global Awards 2025

Information technology, ITC Featured Member, News, Saudi Arabia

September 25, 2025

Cloud Solutions, Saudi Arabia’s leading digital health transformation partner, has been nominated for the prestigious Go Global Awards 2025, scheduled for November 18–19, 2025, at One Great George Street, Westminster, London. This nomination recognizes the company’s excellence in revolutionizing healthcare delivery through innovative, AI-enabled digital health solutions. Founded in 2013, Cloud Solutions has played a […]

Saudi Arabia and Indonesia Seal $27 Billion in Strategic Trade Agreements

News, Saudi Arabia, Trade Agreements

July 3, 2025

In a move that highlights growing trade and investment ties in Asia and the Middle East, Saudi Arabia and Indonesia have signed a series of high-value agreements and memoranda of understanding worth approximately $27 billion. These landmark deals focus on key sectors such as clean energy, petrochemicals, mineral resources, and sustainable supply chain development. […]

Japanese Crude Oil Imports Maintain Steady Supply from Saudi Arabia

Energy Trade, Japan, News, Saudi Arabia

February 1, 2024

Japan has consistently maintained a substantial share of its crude oil imports from Saudi Arabia, accounting for about 44 percent of its total oil requirements, totaling approximately 36.28 million barrels. This information, sourced from the Agency of Natural Resources and Energy within the Ministry of Economy, Trade and Industry, underscores Saudi Arabia’s reliability as a […]

Saudi Arabia Boosts Crude Oil Exports to Five-Month High in November

International Trade, News, Saudi Arabia

January 22, 2024

In a recent report from the Joint Organizations Data Initiative (JODI), Saudi Arabia, the world’s leading crude oil exporter, experienced a notable uptick in crude oil exports, reaching a five-month high in November. According to JODI data, crude oil exports rose by 39,000 barrels per day (bpd), totaling around 6.34 million bpd, surpassing the October […]

India and Saudi Arabia Accelerate Free Trade Agreement Talks to Boost Economic Cooperation

India, News, Saudi Arabia

September 11, 2023

In a significant development aimed at strengthening economic cooperation between the two nations, India and Saudi Arabia have pledged to fast-track negotiations on the India-Gulf Cooperation Council (GCC) Free Trade Agreement (FTA). During a special briefing on the State Visit of the Crown Prince and Prime Minister of Saudi Arabia, Prince Mohammed bin Salman […]

United Arab Emirates Achieves Record Foreign Direct Investment Inflow; Saudi Arabia Experiences Dip

Foreign Direct Investment, News, Saudi Arabia, United Arab Emirates

July 7, 2023

The International Trade Council observes recent developments in the foreign direct investment (FDI) landscape in the Middle East and North Africa (MENA) region. As reported by the United Nations Conference on Trade and Development’s (UNCTAD) 2023 World Investment Report, the United Arab Emirates (UAE) has achieved a historic milestone in FDI inflow, while Saudi Arabia […]

The International Trade Council is a global, peak-body, chamber of commerce that supports businesses and governments by providing resources, advocacy, and networking opportunities to promote international trade and foreign direct investment. It serves as a platform for organizations to collaborate, share knowledge, and navigate the complexities of global markets.