Saudi Business News

The securities finance sector in the Middle East and Africa is broadening its reach after completing a successful pilot for...

stc group has introduced the Business-Critical Network, a new wireless communications platform aimed at transforming connectivity for essential sectors in...

Saudi Arabia’s IPO market is gaining attention as the country pushes forward with economic diversification, despite ongoing geopolitical tensions with...

Saudi Arabia has seen a major boost in blockchain business activity, with registrations rising by 51% in the second quarter...

Gas prices are expected to drop further this summer as OPEC+ increases oil production, leading to a notable decline in...

Saudi Arabia saw a sharp rise in business activity during the second quarter of 2025, issuing over 80,000 new commercial...

Saudi Arabia is rapidly expanding its mining sector, positioning it as a cornerstone of economic diversification. The country’s mineral resources...

OPEC's oil production saw a modest rise in June, driven primarily by Saudi Arabia, following a collective decision by OPEC+...

Saudi Arabia and Indonesia have deepened their economic partnership with new agreements totaling $27 billion, covering sectors such as clean...

Saudi Aramco is considering selling several gas-fired power plants as part of a larger effort to increase profits and generate...

Saudi Arabia has demonstrated unmatched consistency in venture capital (VC) growth over the past four years, according to recent analysis....

Morocco and Saudi Arabia are strengthening their strategic partnership, focusing on boosting trade and investment between the two influential MENA...

Saudi Arabia is beginning to embrace electric vehicles (EVs), though their adoption remains limited. Currently, EVs make up just over...

Saudi Arabia and Indonesia have announced a landmark set of agreements valued at $27 billion, signaling a new chapter in...

Saudi Arabia experienced a strong surge in point-of-sale transactions, reaching SR13.6 billion in the week ending June 28. This represents...

Saudi Arabia is seeing slow but notable progress in electric vehicle (EV) adoption, with EVs making up just over 1%...

Saudi Arabia is undergoing a major economic shift as it reduces its reliance on oil and focuses on expanding its...

A new family entertainment center, Hop Land, has launched in Al Qadisiyah, Saudi Arabia, offering a range of activities for...

Saudi Arabia’s tourism sector continues to surge, with international visitors spending over SR49 billion in the first quarter of 2025,...

Saudi Arabia is putting artificial intelligence at the core of its economic diversification, highlighted by the launch of Humain, an...

Saudi Arabia’s business travel sector is seeing a notable shift with the appointment of Zara Higgins as General Manager of...

Saudi Arabia has significantly increased its oil exports, reaching the highest level in over a year during June. This surge...

Saudi Arabia has introduced a new non-profit association dedicated to helping industrial and mining companies implement leading standards in sustainability,...

Morgan Stanley Saudi Arabia has received approval to serve as a market maker for 52 companies on the Saudi stock...

The business travel market in the Middle East and North Africa is expanding rapidly, outpacing global trends. In 2024, the...

ATPI has named Zara Higgins as General Manager for its Saudi Arabian operations, highlighting the company’s dedication to the region...

Saudi Arabia is expected to increase its crude oil prices for Asia in August, reaching the highest level in four...

Saudi Arabia is reaching out to Canadian firms, offering them a stake in its growing mining industry. At a recent...

Saudi Arabia will introduce anti-dumping duties on steel and stainless steel pipes from China and Taiwan, starting June 30 and...

Starting a business in Saudi Arabia used to be challenging for foreign entrepreneurs, with complex regulations and a difficult setup...

Saudi Arabia’s Public Investment Fund (PIF) has surpassed $1 trillion in assets in 2024, reflecting its rapid growth as the...

The latest WWE Night of Champions event in Riyadh delivered unexpected moments and record viewership. Fans witnessed John Cena prevent...

Saudi Arabia is intensifying its economic engagement with Africa, as a delegation of over 30 leading investors and officials visits...

Saudi Arabia has emerged as the fastest-growing tourism market among G20 countries, a shift driven by ambitious reforms and major...

Türkiye is advancing its expansive $300 billion infrastructure initiative by seeking closer collaboration with regional partners. At a major transport...

Howden has secured regulatory approval to launch a reinsurance business in Saudi Arabia, signaling its latest move to strengthen its...

Artificial intelligence is rapidly transforming the energy sector, driving efficiency and sustainability while addressing complex challenges like supply security, decarbonization,...

Saudi Arabia’s economic outlook has improved, with the International Monetary Fund raising its growth forecast as OPEC+ production cuts ease....

Saudi Arabia has entered into 20-year build-operate-transfer agreements to privatize multipurpose cargo terminals at eight ports. This initiative is set...

Howden, a leading London-based insurance intermediary, has received approval to establish a reinsurance operation in Saudi Arabia. This move marks...

Saudi Arabia’s National Debt Management Center completed its June sukuk issuance, raising SR2.355 billion ($628 million) through the government’s riyal-denominated...

Saudi Arabia has introduced the second phase of its industrial incentives program, aiming to attract significant investment and enhance the...

Saudia Cargo, Saudi Arabia’s national air cargo carrier, is expanding its reach in China and Asia by targeting sectors such...

Mad Systems has broadened its intellectual property reach, now securing patents in four major regions. Following two recent U.S. patents,...

Aramco has been central to Saudi Arabia's economic growth, but the nation is now pushing to diversify beyond oil. The...

Airbus has secured a significant victory with a major order from Riyadh Air for its A350-1000 aircraft, marking a boost...

ST Engineering iDirect has formed a strategic alliance with Solutions by STC to enhance satellite communication services throughout Saudi Arabia....

Saudi Arabia’s Public Investment Fund has established Expo 2030 Riyadh Co., a new entity responsible for overseeing the Kingdom’s inaugural...

AI's Economic Potential in Saudi Arabia and the UAE Generative AI is expected to bring significant economic gains to Saudi...

JINGDONG Logistics has introduced JoyExpress, a new self-operated B2C express delivery service in Saudi Arabia. This service aims to provide...

Saudi Arabia and France have outlined new investment opportunities valued at $2.6 billion to boost the aviation sector, following a...

Saudi Arabia has secured 17th place in the latest global competitiveness index, maintaining its position among the world’s top 20...

Saudi Arabia is marking four decades since Prince Sultan bin Salman became the first Arab, Muslim, and royal to travel...

Toray Industries has launched a new technical center in Dammam, Saudi Arabia, through its subsidiary Toray Membrane Middle East LLC....

Saudi Arabia’s General Directorate of Passports has confirmed that fees for exit and re-entry visas are not refundable, even if...

Saudi Arabia’s annual inflation held steady at 2.2 percent in May, according to the General Authority for Statistics. This rate...

Saudi Arabia has secured a major agreement to deliver over 30 million tonnes of high-integrity carbon credits by 2030, supporting...

Saudi leasing company AviLease has made its first direct purchase from Airbus, ordering 30 single-aisle jets and 10 A350 freighters....

Oxford Business Group and Strategic Gears have entered a partnership to enhance economic research and advisory services in Saudi Arabia,...

The entertainment sector in Saudi Arabia is experiencing rapid expansion, with market value projected to soar from $2.46 billion in...