Foreign relations of Saudi Arabia

Türkiye aims to boost Saudi trade to $30 billion: Minister

Türkiye aims to increase its bilateral trade volume with Saudi Arabia to $10 billion in the medium-term and further up to $30 billion in the long term, Trade Minister Ömer Bolat has said.

The trade between the two countries grew 41 percent last year to $6.5 billion, while in the first 11 months of 2023 the bilateral trade volume reached $6.2 billion, according to the minister.

Saudi unveils new airline to compete with Gulf rivals

Saudi Arabia announced on March 12 the creation of a new national airline, part of a plan to turn Riyadh into a global aviation hub rivalling regional leaders like Dubai and Doha.

"Riyadh Air "aims to launch flights to more than 100 destinations around the world by 2030," the official Saudi Press Agency (SPA) reported.

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