Saudi Business News

The Saudi Minister of Economy and Planning, Faisal Alibrahim, recently held talks with the Director-General of the United Nations Office...

The Saudi Minister of Economy and Planning, Faisal bin Fadhil Alibrahim, recently held a key meeting with the Director General...

The Digital Cooperation Organization (DCO) has announced the launch of a new resource, EconomiX magazine, dedicated to accelerating the growth...

The Saudi ESCO 2024 forum has officially begun its proceedings in the capital city of Riyadh, drawing in a multitude...

In a strategic move to enhance bilateral collaboration, the Saudi Minister of Industry and Mineral Resources, Bandar Ibrahim Alkhorayef, has...

In a groundbreaking year for Saudi Arabia's travel industry, the nation has surpassed its own predictions, leading to an ambitious...

In a strategic move that could yield approximately $10 billion, Saudi Arabia is poised to conduct a substantial share sale...

The Saudi Central Bank (SAMA) has made a public announcement inviting comments on the newly drafted 'Internal Audit Principles' and...

The Kingdom of Saudi Arabia is setting the stage for a significant share sale in its state-owned energy behemoth, Aramco....

Saudi Arabia is reportedly positioning itself for a significant share sale in its oil behemoth, Aramco, potentially launching as soon...

The city of Riyadh is abuzz with anticipation as it sets the stage for an electrifying 5 vs 5 boxing...

Two significant wind energy initiatives are set to bolster the Saudi Arabian national grid with an additional 1.1 GW of...

The Saleh Kamel Lecture Series, a notable event recently inaugurated in London, serves as a beacon of knowledge on 'The...

The Saudi Central Bank, also known as SAMA, has released a statement announcing its search for public input on two...

Riyadh Witnesses a 20.4% Surge in SME Funding to $73.5 BillionAs the last quarter of 2023 came to a close,...

The fashion sector in Saudi Arabia is projected to experience a remarkable growth spurt, with an anticipated 48 percent cumulative...

The New Murabba Development Company, backed by the Public Investment Fund, today announced a call to the world's top construction...

The capital of Saudi Arabia, Riyadh, is set to welcome the Energy Efficiency Service Providers Forum alongside a complementary exhibition....

The General Authority of Civil Aviation in Saudi Arabia recently released its April assessment showcasing the operational efficiency and service...

The Small and Medium Enterprises General Authority (Monsha'at) has shed light on the burgeoning fashion industry within the Kingdom of...

In a significant stride for renewable energy in the Middle East, Marubeni Corporation, a prominent Japanese trading and investment entity,...

RIYADH: In a significant expansion of its business, ADES Holding Co., a Saudi-based exploration service provider, has obtained a series...

Saudi Arabia is poised to significantly contribute to international sustainable development by leveraging its influential position in the realm of...

The Kingdom of Saudi Arabia is charting a course to become a key influencer in global sustainable development, leveraging its...

Moody’s, a prominent global credit rating agency, has recently reaffirmed Saudi Arabia's 'A1' rating, indicating a positive economic forecast. This...

In the heart of AlUla, a new beacon of sustainability and luxury hospitality has emerged in the form of Dar...

Fitch Ratings has elevated the credit status of Saudi Electricity Co. by upgrading its issuer default ratings to 'A+' from...

The Saudi Electricity Company (SEC) has achieved a credit rating upgrade to "A+" from "A", aligning with the sovereign rating...

Atsushi Suzuki, the lead executive of Marubeni Middle-East & Africa Power Limited, has expressed support for Saudi Arabia's decarbonization agenda,...

In Saudi Arabia, particularly in the bustling city of Riyadh, a significant number of property owners are revitalizing their assets...

At the scenic Italian locale of Stresa, Saudi Arabia's Finance Minister, Mohammed bin Abdullah Al-Jadaan, took part in the G7...

The embrace of open banking by Saudi Arabia has significantly reshaped the financial sector landscape in the region, according to...

The financial sector in Saudi Arabia has undergone a significant transformation with the adoption of open banking, revolutionizing the way...

Moody's Investors Service has sustained Saudi Arabia's A1 credit rating with a positive outlook. This affirmation reflects the country's large...

Saudi Arabia's finance chief, Mohammed Al-Jadaan, engaged in a high-level discussion with his French counterpart, Bruno Le Maire, on the...

The President of the UN International Civil Aviation Organization Council, Salvatore Sciacchitano, recently lauded Saudi Arabia for its influential role...

The capital of Saudi Arabia served as a pivotal meeting ground for top figures in the aviation sector, with Minister...

The third session of the Financial Sub-Committee within the High-Level Chinese-Saudi Joint Committee convened on May 20, 2024, co-chaired by...

The head of the General Authority of Civil Aviation (GACA) in Saudi Arabia, Abdulaziz Al-Duailej, recently revealed a significant uptick...

In a recent discourse, Eng. Saleh Al-Jasser, Saudi Arabia's Minister of Transport and Logistics Services, highlighted the ambitious goals of...

Saudi Arabia's flag carrier has announced a monumental purchase, indicating its commitment to expand tourism within the realm. The Saudia...

In a decisive move to expand its aviation capacity, Saudi Arabia's flagship carrier has placed a substantial order for new...

The electric vehicle (EV) sector in Saudi Arabia is on the brink of remarkable expansion, anticipated to soar to a...

Anticipated to expand at an impressive rate, Saudi Arabia's electric vehicle (EV) market is on track to achieve a valuation...

Riyadh, the bustling capital of Saudi Arabia, is gearing up for an unprecedented sports spectacle as it prepares to host...

Saudi Arabia's aviation sector is poised for a transformation as it integrates artificial intelligence (AI) into its supply chain management...

Saudi Arabia's flagship carrier has inked a monumental agreement for the acquisition of 105 Airbus aircraft, marking the largest transaction...

Wizz Air is setting its sights on advancing its presence in Saudi Arabia with a substantial investment exceeding half a...

The skies of Saudi Arabia are slated to witness the advent of electric passenger drones before the close of the...

Cognite Data Fusion®, the flagship product of the renowned industrial software company Cognite, has officially launched on Google Cloud within...

The National Housing Company's (NHC) Real Estate Supply Chain Forum 2024 was ceremoniously opened by the Minister of Municipal and...

The Saudi Tadawul All Share Index witnessed a downturn at the start of the week, with a 0.60 percent drop,...

As Saudi Arabia's aviation sector takes center stage, the nation has proudly disclosed its inaugural

Mohammed Al-Jadaan, the Finance Minister of Saudi Arabia, spearheaded a delegation's visit to Beijing, partaking in strategic Saudi-Chinese discussions over...

In an effort to expand its domestic manufacturing capabilities, Saudi Arabia is in active discussions with major aerospace companies Boeing...

The national petroleum and natural gas company of Saudi Arabia, Saudi Arabian Oil Company (Aramco), has embarked on a trailblazing...

The Saudi Zakat, Tax, and Customs Authority (ZATCA) has issued an important reminder for businesses whose annual turnover of goods...

Saudi Arabia's crude oil exports increase for the second consecutive month in March, hitting a nine-month high, according to Joint...

The Kingdom of Saudi Arabia is on the brink of initiating a space tourism venture, as stated by a high-ranking...

Recent in-depth market analysis sheds light on the burgeoning field of nuclear medicine in Saudi Arabia and the broader Middle...