Saudi Business News

The Saudi Investment Recycling Company (SIRC) has recently celebrated a significant achievement by exporting its first batch of recycled and...

The Amwaj waterfront, situated by the central beach of Jizan city in the Jazan Region, is increasingly becoming a favored...

The skies above are poised for a stunning display as Jupiter and Mars draw near each other in a rare...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Japan Bank for International Cooperation (JBIC)...

The Kingdom of Saudi Arabia is witnessing a remarkable increase in the number of women joining the labor market, a...

The financial implications of engaging top-tier software development firms in Saudi Arabia hinge on several determinants. These include the anticipated...

Saudi Arabia has decided to allocate a mere 25% of its $1 trillion strategic investment plan to the oil sector,...

Saudi Arabia has set a strategic goal to significantly reduce its financial commitment to the oil sector, planning a $40...

A recent analysis from Goldman Sachs reveals that Saudi Arabia is set to channel $1 trillion into strategic sectors by...

Riyadh is poised to become a hub for financial technology innovation as it prepares to host the inaugural 24 Fintech...

Sawani, an enterprise under the umbrella of the Public Investment Fund (PIF), has recently celebrated a significant triumph for its...

The Buraidah Dates Carnival, a prime marketing event in the Qassim Region, is facilitated by the Ministry of Environment, Water,...

The Saudi Central Bank, known as SAMA, has witnessed a robust annual increase in its reserve assets, rising by 5.5%...

The member nations of the Gulf Cooperation Council (GCC) are proactively enhancing incentives for both domestic and international investors within...

The Kingdom of Saudi Arabia has unveiled a set of new legislations aimed at enhancing transparency and streamlining the investment...

Faisal Sultan, Lucid Middle East's Vice President and Managing Director, has expressed confidence in Saudi Arabia's potential to become a...

Goldman Sachs highlights a significant transformation in Saudi Arabia's investment approach, predicting a substantial influx of $1 trillion into six...

Saudi Arabia is setting its sights on a major enhancement of its transportation and logistics sector, with a strategic plan...

The insurance industry in Saudi Arabia has experienced a remarkable 25 percent surge in profits during the first half of...

In the initial quarter of 2024, Saudi Arabia experienced a surge in the construction industry, with the value of contracts...

The Public Investment Fund (PIF) of Saudi Arabia has expanded its sporting portfolio by venturing into the football sphere within...

In a strategic pivot towards sustainable energy, Saudi Arabia is set to bolster its investment in the green sector, while...

The Kingdom of Saudi Arabia has markedly increased its investments in US Treasury securities, with an infusion of $4 billion...

Saudi Arabia is set to channel a lower amount of capital into its oil industry than what was previously anticipated,...

Saudi Arabia is on the brink of a transformative investment journey, with plans to channel $1 trillion into a capex...

In July, the yearly inflation rate in Saudi Arabia remained constant at 1.5 percent, the same as the previous month's...

As the largest oil and gas entity globally, Saudi Aramco is intensifying its collaborations with China in the realms of...

In the ever-evolving quest for operational efficiency, innovation, and profitability, the Gulf's corporate landscape is on the cusp of a...

The International Islamic Trade Finance Corporation (ITFC), part of the Islamic Development Bank Group, has inked a financing deal worth...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is intensifying its collaborative efforts with the Saudi...

In a bold move towards hosting the 2034 FIFA World Cup, Saudi Arabia has announced the construction of a cutting-edge...

The Public Investment Fund (PIF) of Saudi Arabia has observed a slight increase in its investments within the US stock...

In an effort to expand its reach within the Middle Eastern automotive care market, IGL Coatings has named Lamaan (IGL...

The groundbreaking developmental project in northwest Saudi Arabia, NEOM, recently held its first NEOM Social Responsibility Awards, a ceremony designed...

The Kingdom of Saudi Arabia has seen its official reserve assets escalate to SR1.7 trillion (equivalent to $452.8 billion) as...

The global consulting firm EY, previously known as Ernst & Young, has selected Saudi Arabia's capital, Riyadh, as the central...

The Kingdom of Saudi Arabia is setting a strategic focus on broadening its economic landscape and enhancing the development of...

The real estate sector in Saudi Arabia has experienced a remarkable upsurge since the onset of 2024, amassing over 280,000...

The Ministry of Industry and Mineral Resources of Saudi Arabia has recently disclosed the results of its fifth exploration licensing...

The municipal authorities of Madinah have unveiled an enticing investment proposition for the establishment and administration of a medical rehabilitation...

During a recent dialogue session in Dalian, China, Saudi Arabia's Minister of Economy and Planning, Faisal Al Ibrahim, provided insights...

Saudi Arabia's sovereign-led Saudi Global Ports Company (SGP) has joined forces with Chinese heavy equipment titan SANY in a landmark...

In a strategic move within the business media sector, Almar Water Solutions, an entity under the umbrella of Saudi Arabian...

Kuwait's premier financial institution, Kuwait Finance House (KFH), is actively seeking avenues for growth in the Saudi Arabian sector, as...

Amidst strengthening economic relations between the United Kingdom and Saudi Arabia, British investors have signaled a strong interest in channeling...

The Kuwait Investment Authority (KIA), recognized as one of the globe's most substantial sovereign wealth funds, is setting its sights...

The legal sector in Saudi Arabia is currently at the heart of widespread anticipation, prompted by reports of a likely...

While participating in a panel entitled What do we expect from future growth in Dalian, China, the Saudi Minister of...

The business landscape in Saudi Arabia has been invigorated through a series of regulatory adjustments aimed at fostering a more...

At the heart of Vienna, during the OPEC Fund's third development gathering, discussions unfolded that may significantly impact efforts against...

At the heart of Vienna, a forum organized by the OPEC Fund for International Development convened for its third session,...

Germany, Berlin: Siemens Energy has announced a significant order from Saudi Arabia, delivering leading-edge power plant technologies with a combined...

In commemoration of World Seafarers Day, Saudi Arabia's Transport General Authority (TGA) has lauded the dedication and service of over...

Sultan bin Abdulrahman Al-Marshad, the Chief Executive Officer of the Saudi Fund for Development (SFD), was actively engaged in the...

Kuwait's sovereign wealth fund, controlling over $800 billion in assets, is set to inaugurate a branch in Saudi Arabia, aiming...

At a recent assembly in London, the British-Saudi Sustainable Infrastructure Summit, British investors showcased a high level of enthusiasm for...

In an effort to transition towards cleaner energy sources, Saudi Arabia has made significant strides by striking a lucrative deal...

The Kingdom of Saudi Arabia is poised to bolster its financial sector with an expected surge in bond offerings, as...

On a day of varied fortunes, the Saudi Arabian stock exchange, known as the Tadawul All Share Index, reported a...

The National Industrial Development and Logistics Program (NIDLP) represents Saudi Arabia at the international Transport Logistics Exhibition in Shanghai, China,...