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What came to be known as the “greatest trade agreement in history” was signed in Marrakesh, Morocco, 29 years ago on Saturday during a gathering of representatives from more than 120 countries. The Marrakesh Agreement led to the creation of the World Trade Organization, whose membership has now grown to 164 states and organizations. For 2023-2024, the World Trade Organization
RIYADH: The Saudi Real Estate Refinance Co., wholly owned by the Public Investment Fund, on Sunday signed an agreement with Al Rajhi Bank to refinance more than worth SR5 billion ($1.33 billion) real estate financing portfolio. The deal is the largest of its kind in the Saudi banking industry, according to a statement issued by SRC. The agreement was signed in the presence of
RIYADH: The World Trade Organization General Council has selected Saudi Arabia’s Ambassador to WTO Saqer Abdullah Almoqbel to chair its Trade Policy Review Body for 2023-2024. Almoqbel is the first Arab ambassador to the WTO to preside over the TPRB. The TPRB aims to facilitate the efficient operation of the multilateral trading system by increasing the transparency of WTO