Saudi Business News

According to the World Bank's Chief Economist for the Middle East and North Africa (MENA) region, Roberta Gatti, Saudi Arabia's...

In a pivotal move, Pakistan has joined forces with Uzbekistan and Saudi Arabia to sign a groundbreaking partnership agreement, setting...

Saudi Arabia's grandiose Neom megaproject, valued at a staggering $500 billion and featuring the linear urban development known as 'The...

Recent research conducted within Saudi Arabia projects a surge in precipitation throughout the coming years. Findings from a comprehensive climate...

Artal Capital, an investment firm based in Riyadh with expertise in multiple asset classes, has achieved the initial close of...

Recent developments in Saudi Arabia have signaled a significant push towards the creation of smart cities within the nation. This...

The Chief Executive Officer of Jeddah Airports Company, Mazen Johar, has shed light on the recent enhancements made to streamline...

In an unprecedented achievement for a Saudi educational entity, King Saud bin Abdulaziz University for Health Sciences (KSAU-HS) has garnered...

Diriyah Company has made an announcement today about the commencement of a major mixed-use development named Zallal, which is expected...

In a strategic move to secure additional funding, Neom, the ambitious urban development in Saudi Arabia, has opened its doors...

With the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and Prime Minister of...

Saudi Arabia is taking bold steps to revitalize its cinema sector by slashing licence fees and movie ticket costs. The...

A team from the Saudi Export Development Authority, known as Saudi Exports, is currently on an official mission in the...

In a landmark deal, Saudi Arabia's Public Investment Fund (PIF) is set to acquire a majority stake in the kingdom's...

The Saudi 'Made in Saudi' pavilion, under the auspices of Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources...

Saudi Arabia's Public Investment Fund (PIF) has reached an agreement to purchase a 51 percent share in the kingdom's largest...

In a strategic move to bolster worldwide economic reforms and to strengthen competitiveness on a regional and global scale, Saudi...

At the renowned 49th International Exhibition of Inventions in Geneva, which took place from April 17 to 21, Jouf University...

At the prestigious World Energy Congress in Rotterdam, the Netherlands, ongoing from April 22 to 25, the King Abdullah City...

The stc Group has made a significant leap in the telecommunications arena by securing a majority stake in the region's...

In a recent development within the energy and chemicals industry, Aramco, a giant in integrated energy solutions, has publicly announced...

Saudi Arabia's state-owned Public Investment Fund (PIF) has made a significant move in the telecommunications sector by acquiring a principal...

Saudi Arabia's ambitious Neom megacity initiative recently extended its promotional efforts to China. The Neom delegation embarked on visits to...

A collaboration between Saudi Arabia's Alistithmar Capital and Ezdihar Real Estate Development Co. has been announced, heralding the establishment of...

The commercial aviation sector in Jeddah has recently seen remarkable activity as King Abdulaziz International Airport (KAIA), managed by the...

In a significant move within the business media landscape, the Saudi Public Investment Fund (PIF) has secured a controlling interest...

Riyadh, the capital city of Saudi Arabia, has been officially declared as the host for the 27th iteration of the...

The Public Investment Fund (PIF) alongside the Saudi Telecommunications Company (stc Group) has disclosed the completion of a definitive agreement...

The Kingdom of Saudi Arabia has been recognized as a knowledge hub, a testament to its significant advancements in recent...

In a groundbreaking initiative geared towards revolutionizing the construction and real estate domains, Startup Wise Guys (SWG), in collaboration with...

Date: May 21-22, 2024Location: Riyadh, KSAAs the hub of financial innovation, Riyadh is set to host Finovex Saudi Arabia 2024,...

Riyadh is poised to become a hub of technological innovation with the upcoming Outer Edge Riyadh forum, a gathering that...

The Kingdom of Saudi Arabia is making a significant impact at the 26th World Energy Congress in Amsterdam, with its...

In observance of International Mother Earth Day on April 22, Saudi Arabia is making significant strides in combating climate change,...

The Islamic Development Bank (IsDB) Institute is gearing up for the highly anticipated 18th edition of the IsDB Global Forum...

Prince Mohammad Bin Fahd University (PMU) has recently made headlines with its outstanding performance at the prestigious 2024 International Exhibition...

The 'Discover NEOM' global journey reached its final chapter in Hong Kong, marking the end of a series of international...

The King Salman Science Oasis is currently bustling with activity as it hosts a series of engaging scientific gatherings in...

At a recent international assembly in Beijing, the General Authority for Survey and Geospatial Information (GEOSA) took an active role...

Foreign direct investors often gauge potential opportunities by examining a country's economic growth rate. In this regard, Saudi Arabia has...

The General Organization for Social Insurance in Saudi Arabia has forged a new alliance with the Social Security Corporation of...

The Saudi Fund for Development (SFD) has recently formalized a financial support pact with the Oman Development Bank (ODB), dedicating...

The Development Authority of the Al-Madinah Region has recently upgraded the transportation network by enhancing the bus services that link...

The Saudi Arabian stock market concluded on a positive note over the weekend, with notable upswings in various sectors propelling...

The University of Jeddah has recently garnered accolades for its technological advancements, securing two bronze medals at the prestigious 49th...

Saudi Arabian officials have made a plea to the International Monetary Fund (IMF) to concentrate on its primary responsibilities, highlighting...

Shaqra University has recently achieved notable success at the 49th Geneva International Exhibition of Inventions, claiming three prestigious awards for...

At the recent Geneva International Exhibition of Inventions, Umm Al-Qura University made a remarkable impression by securing multiple awards for...

The Kingdom of Saudi Arabia is making swift advances in the localization of its automotive sector, a key component of...

The inaugural consignment of Jazan mangoes, totaling 24 tons, embarked on its journey to the Hashemite Kingdom of Jordan. This...

A team from the Ministry of Economy and Planning, led by Deputy Minister Rakan Alsheikh, participated in key sessions of...

Saudi Arabia's Finance Minister, Mohammed Aljadaan, recently joined forces with IMF Managing Director Kristalina Georgieva to deliberate on international monetary...

The Kingdom of Saudi Arabia's delegation recently wrapped up its active engagement in the prominent 2024 International Monetary Fund (IMF)...

As urban landscapes evolve, Hitek, a subsidiary of the Farnek group, has entered into a strategic joint venture with Virgin...

The capital of Saudi Arabia is set to launch a dynamic event titled Innovation Week, which will commence on April...

Amid the towering skylines of Riyadh, Jeddah, and Dammam that epitomize Saudi Arabia's economic prowess, a transformative story of decentralized...

The Kingdom of Saudi Arabia is on track to fulfill its ambitious objective of reaching 130 gigawatts in renewable energy...

During a key visit to Pakistan this week, Saudi Foreign Minister Faisal bin Farhan Al Saud's agenda is centered on...

Consumer spending on Fast-Moving Consumer Goods (FMCG) in Saudi Arabia and the UAE exhibited marginal growth in the final quarter...

In the heart of Saudi Arabia, a significant shift is underway within the mining sector, which is set to become...