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Tag Archives: oil economy

Saudi Arabia to pioneer new labour reforms

Saudi Arabia’s new labor reforms, announced Wednesday, will benefit foreign skilled workers in the Kingdom’s private sector while ensuring flexibility of movement say ministers. Saudi Arabia’s Ministry of Human Resources and Social Development (MHRSD) unveiled the Labor Reform Initiative (LRI) under the National Transformation Program (NTP), which will improve the contractual …

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Saudi Arabia expanding nuclear power ambitions

Saudi energy minister Khalid al-Falih said on Monday the kingdom had launched a uranium exploration program and initial indications were positive, Al-Arabiya Business reported on Twitter. Falih added that a project to construct two nuclear plants, was proceeding at an excellent pace according to plan, according to Al-Arabiya. No further …

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Adnoc CEO: Diversification is the name of the game

Dr Sultan Bin Ahmad Sultan Al Jaber, Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc) participated in the second annual ‘Future Investment Initiative Conference’, held in Riyadh, Saudi Arabia, on Tuesday. The conference sees global leaders from both the public and private sectors convene …

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