Saudi Business News

Leading the Gulf Cooperation Council in automobile sales and securing a position amongst the world's top 20 automotive markets, Saudi...

The financial technology landscape in Saudi Arabia is experiencing a significant boost, with the country attracting a surge of activity...

The recent disposition of shares by Saudi Arabia's state-owned oil behemoth, Saudi Aramco, culminated in an $11.2 billion capital influx,...

The 46th Annual NYU International Hospitality Investment Conference recently became the stage for Saudi Arabia’s Ministry of Tourism to highlight...

Experts in the field predict that investment funds from the Middle East could soon become influential figures on the global...

LONDON — Saudi Arabia is on the brink of amassing upwards of $11.2 billion by offloading Aramco shares to finance...

Recent funding rounds in the Middle East and Africa have bolstered the growth of several promising startups in the agritech...

The Kingdom of Saudi Arabia is set to bolster its economic plans by garnering in excess of $11.2 billion through...

Saudi Aramco, the kingdom's oil behemoth, has finalized a colossal stock offering that will inject a minimum of $11.2 billion...

Saudi Aramco, the titan of the oil industry, has announced the closing price for its secondary share sale at 27.25...

In a strategic move to bolster its economy, Saudi Arabia is on the verge of securing over $11.2 billion through...

The world is on the brink of channeling an unprecedented sum exceeding $3 trillion into the energy sector by 2024,...

In a significant move within the business media sector, Saudi Arabia is on track to accumulate in excess of $11.2...

Saudi Arabia's fintech landscape is witnessing significant growth as Simplified Financial Solutions Co., a B2B spend management platform, has successfully...

Goldman Sachs has distinguished itself as the pioneering Wall Street financial institution to align with Saudi Arabia's Regional Headquarters (RHQ)...

In the Ethiopian capital of Addis Ababa, a pivotal event marked the commencement of the Saudi-Ethiopian Business Council. The inauguration,...

LinkedIn, the preeminent professional networking platform with an extensive global presence, has reported new insights on the evolving Saudi workforce,...

In the first quarter of 2024, the portfolios of real estate loans provided by Saudi banks exhibited significant growth, reaching...

The colossal equity sale by Saudi Aramco is poised to generate a minimum of $11.2 billion, marking the largest fundraising...

The business media sector brings attention to the recent collaborative efforts among Arab countries aimed at bolstering their industrial sectors....

The Capital Market Authority (CMA) has reached out to stakeholders involved in the capital market to review and comment on...

The Saudi Ministry of Tourism recently took part in the 46th Annual NYU International Hospitality Investment Conference, where it cast...

The 28th session of the general assembly of the Arab Industrial Development, Standardization and Mining Organization (AIDSMO) convened in Rabat,...

The National Labor Observatory (NLO) recently unveiled a comprehensive analysis of the Saudi Arabian labor market, specifically focusing on the...

The Saudi Ministry of Tourism has made a significant appearance at the 46th Annual NYU International Hospitality Investment Conference, showcasing...

In a significant move to deepen economic ties, Saudi Arabia and Ethiopia have established a bilateral business council designed to...

In an effort to harness Morocco's mining acumen, Saudi Arabia is eyeing a collaborative approach, with the two nations jointly...

The Saudi Arabian sukuk and debt capital market has seen a substantial increase in size since 2019, now exceeding SR30...

According to Patrick Chalhoub, the president of the leading Middle Eastern luxury retailer Chalhoub Group, Saudi Arabia presents an unparalleled...

In a significant move to strengthen bilateral economic relations, Saudi Arabia and Ethiopia have inaugurated a joint business council aimed...

The fashion world is abuzz as Norma Kamali, a designer renowned for her pioneering spirit and innovative designs, is set...

The General Secretary of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudaiwi, welcomed the GCC Railways Authority's Director General, Eng....

The Federation of Saudi Chambers and the Ethiopian Chamber of Commerce have taken a significant step forward in strengthening economic...

The Saudi Arabian Minister in charge of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, made a strategic visit to...

The realm of international investments witnessed a notable dialogue as high-profile officials from Saudi Arabia and Honduras convened to explore...

On a significant development in the digital currency realm, Saudi Arabia has embarked on a groundbreaking venture by aligning with...

The NEOM Board of Directors has announced the creation of Magna, a high-end coastal destination designed to elevate the standards...

The Saudi Central Bank (SAMA) has recently announced its active participation in the mBridge project, an initiative steered by the...

Baheej Tourism Development Company, a collaborative venture comprising ASFAR, a Saudi tourism investment firm held by the Public Investment Fund...

NEOM, Kingdom of Saudi Arabia – The NEOM Board of Directors has announced the creation of Magna, a new benchmark...

Boosting foreign direct investment (FDI) is crucial for Saudi Arabia's diversification from an oil-based economy, as outlined in Vision 2030,...

With the allure of substantial housing benefits, complimentary workspaces, and the prospect of forming partnerships with the government, startup founders...

The Public Investment Fund (PIF) has effectively completed its first-ever offering of sterling-denominated bonds, amassing 650 million pounds (GBP) under...

A Brazilian investment firm, with support from the prominent investor Marcelo Claure, is negotiating with Saudi financiers to establish a...

The Minister of Industry and Mineral Resources of Saudi Arabia, Bandar bin Ibrahim Alkhorayef, conducted an informative visit to the...

Strengthening international ties, the Jeddah Chamber's chairman, Mohammed Yousef Naghi, recently engaged in a strategic dialogue with the chairman of...

The Saudi Ports Authority, known as Mawani, has revealed the formation of a new partnership with France's Port of Marseille...

The Saudi Standards, Metrology and Quality Organization (SASO) has recently entered into a strategic collaboration with the Project Management Institute's...

In a significant move to bolster trade relations, a coalition of Saudi investors has formalized an agreement to establish the...

Saudi Arabia has inked an agreement to create a logistics zone in Djibouti's port, aiming to use the strategic location...

HSBC Holdings Plc has strategically reinforced its investment banking division within Saudi Arabia by appointing new leaders for its mergers...

The Saudi Public Investment Fund (PIF) has recently unveiled the formation of the Neo Space Group (NSG), a company that...

The notable Saudi businessman Prince Alwaleed Bin Talal, alongside the Kingdom Holding Company (KHC), has heightened their support for Elon...

Recent analysis of the Saudi Arabian construction chemicals market forecasts a significant growth, projecting its value to reach approximately $1.09...

A strategic partnership has been formed between Tokyo's Uhuru Corporation and Web Arabia, an IT enterprise based in Riyadh, as...

The burgeoning energy efficiency landscape in Saudi Arabia has experienced significant expansion, as evidenced by the increase in the number...

Holo, a pioneering mortgage platform in the United Arab Emirates, has announced the successful completion of an oversubscribed pre-Series A...

In a recent visit to Vienna, Faisal Al-Ibrahim, the Saudi Minister of Economy and Planning, held a series of important...

The sovereign wealth fund of Saudi Arabia, known as the Public Investment Fund (PIF), has established a new enterprise aimed...

The Saudi Arabia Railways (SAR) has recently entered into a partnership with Procter & Gamble (P&G), a leading consumer goods...