Saudi Business News

In a significant shift within the emerging markets, Saudi Arabia has overtaken China as the leading issuer of international debt,...

In an effort to reduce its dependency on petroleum, the Kingdom of Saudi Arabia (KSA) is now setting its sights...

Thierry Rayer recently unveiled the 'Universæ Analysis' methodology, a novel approach for dissecting and interpreting artworks and historical landmarks. This...

The Brazilian aerospace conglomerate Embraer is setting its sights on broadening its footprint within the defense sector by targeting key...

Bedding Industries of America (BIA) is bolstering its business footprint in the Middle East and North Africa (MENA) by partnering...

Embraer, the Brazilian aerospace conglomerate, has identified key markets for the proliferation of its defense sector, particularly for the C-390...

The eagerly anticipated collaboration between Neom and the Danish transport giant DSV, valued at $10 billion, has encountered a delay....

The Kingdom of Saudi Arabia has achieved significant recognition in the global arena by securing the 16th position among 67...

The Kingdom of Saudi Arabia has achieved a notable position in the arena of global competitiveness, ascending to 16th place...

RIYADH: Making strides in its economic diversification initiatives, Saudi Arabia has climbed to the 16th position in the World Competitiveness...

Menswear labels looking to penetrate the Saudi market should note the preference for plush materials and roomy designs. This insight...

Spanning over 14 centuries, Saudi Arabia's pivotal role in Islamic pilgrimage has drawn countless faithful to its revered cities of...

Akasa Air, India's burgeoning airline, has launched its daily service from Riyadh to Mumbai, marking a significant expansion within Saudi...

Akasa Air, a swiftly expanding carrier in India, has commenced a new service with direct daily connections between Riyadh and...

Employees at Saudi state-supported firms have experienced unexpected budget reductions in recent times, with the onset of these austerity measures...

In the month of May, the Kingdom of Saudi Arabia maintained a consistent inflation rate of 1.6%, marking the third...

The Chilean administration has announced that a key Saudi Arabian official specializing in mining affairs is scheduled to visit Chile...

Dana White expressed satisfaction with the UFC's ability to arrange substitute bouts for two significant events this month, attributing Conor...

The commencement of Hajj marks an influx of over 1.5 million Muslims to Saudi Arabia, embarking on a significant spiritual...

The Kingdom of Saudi Arabia is poised to be at the forefront of scientific inquiry as it prepares to host...

The beginning of 2024 has seen a notable surge in the tourism sector of Madinah, with early indicators pointing to...

China has marked a significant shift in its investment strategy by authorizing its inaugural exchange-traded funds (ETFs) that focus on...

China has further integrated into the global capital market by launching Asia’s inaugural exchange-traded fund (ETF) that is designed to...

The Saudi Minister of State for Foreign Affairs, who also serves as a Member of the Cabinet and the Envoy...

The National Competitiveness Center's Chairman and Saudi Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, was present at the 60th-anniversary...

The Arab League, in partnership with Japan, is set to convene the fifth session of the Japan-Arab Economic Forum in...

Renowned Swiss banking institution Edmond de Rothschild Group is poised to broaden its reach within Saudi Arabia by inaugurating a...

The Saudi Export-Import Bank (Saudi EXIM) made a significant appearance at the recently held TXF Global 2024 in Athens, a...

In a recent strategic move, subsidiaries of Aramco and NextDecade Corporation have inked a preliminary agreement that could lead to...

In a warm appeal to global investors, the Tourism Minister of Saudi Arabia, Ahmed Al-Khateeb, has made a compelling case...

A planned project, pending financial backing, is set to unite numerous top-tier boxers under a Saudi-led professional league. This initiative...

In a significant move to bolster non-oil exports, the Saudi EXIM Bank has partnered with the Swedish Export Credit Agency...

The 'Made in Saudi' program, spearheaded by the Saudi Export Development Authority, has been honored with a bronze award in...

The Formula E racing series is gearing up for an electrifying season with the unveiling of the provisional schedule for...

MDLBEAST, a music entertainment powerhouse based in Saudi Arabia, has recently established a music publishing branch named MDLBEAST Publishing. This...

The Kingdom of Saudi Arabia recently contributed to the third Ministerial Meeting of the Trade Negotiations Committee (TNC) of the...

Saudi Arabia has announced an ambitious plan to enhance its debt capital markets, which includes potential tax relaxations aimed at...

On the 12th of June, 2024, the Group of Twenty (G20) reported a modest rise in collective gross domestic product...

Anticipated to advance at a compound annual growth rate (CAGR) of 7.5 percent from 2023 to 2028, Saudi Arabia's hospitality...

The Diriyah Company has established an agreement with the Royal Institution of Chartered Surveyors (RICS) to advance the training and...

In a landmark move, the Diriyah Gate Development Authority (DGDA) of Saudi Arabia has inked a partnership with the Royal...

In a pivotal move to bolster its payment infrastructure, Saudi Arabia's forthcoming national carrier, Riyadh Air, has forged a partnership...

LTIMindtree, a renowned entity in the technology consulting and digital solutions realm, has proudly announced the launch of its new...

LTIMindtree, a prominent global player in technology consulting and digital solutions, has proudly announced the launch of its new regional...

The UAE-based telecommunications giant e& has revealed its expansion plans within Saudi Arabia, which include the establishment of a new...

The PGA Tour has signaled forward movement in its discussions with the Saudi Arabian Public Investment Fund (PIF), although specifics...

The Saudi Arabia’s Public Investment Fund (PIF) is in the midst of negotiations with significant figures in the boxing industry...

LTIMindtree has recently intensified its operations in the Middle East by inaugurating a new regional headquarters in Riyadh, the capital...

The longstanding pact that established the U.S. dollar as the global currency for crude oil transactions, known as the petrodollar...

The HR tech sector in Saudi Arabia is undergoing rapid expansion, with projections indicating it will grow from a valuation...

The HR technology sector in Saudi Arabia is experiencing robust growth, propelled by the push for modernization and the aim...

Investment Spotlight on Saudi Aramco’s Latest Share OfferingSaudi Arabia has made a striking move in the global investment scene by...

Under the leadership of Prince Fahd bin Mansour bin Nasser bin Abdulaziz, Saudi Arabia’s representatives are set to make a...

Barcelona is reportedly negotiating with Saudi Arabia regarding a potential football partnership. The Spanish club's financial distress is no secret,...

In a stunning display of creativity and collaboration, the ROSHN Waterfront has introduced a visually striking mural, spanning its entire...

Welcome to the Business Beat of the Middle East! Today's highlights include Saudi Arabia's latest share offering, AI industry leaders...

A visit by Canadian diplomats to the Jazan region's commerce hub underscored the potential for economic collaboration and investment. The...

The Saudi finance and real estate refinance sectors have demonstrated robust growth in 2023, according to a comprehensive performance analysis...

Separated by vast distances, the arid landscape of Saudi Arabia and the verdant expanses of Brazil are drawing closer on...

Riyadh Witnesses a Rise in Expatriate Remittances by 14 Percent In April, expatriate remittances in Saudi Arabia experienced a notable...