Saudi Business News

The non-oil sector in Saudi Arabia is showing signs of robust growth, marking a significant milestone in the Kingdom's strategic...

Canoo Inc., a trailblazer in the advanced mobility sector, has recently unveiled that its lineup of electric vehicles (EVs) will...

The Saudi Data and Artificial Intelligence Authority (SDAIA) is at the forefront of delivering intelligent solutions and robust digital services,...

Amidst the global economic challenges, the business media sector has been closely monitoring the evolution of foreign direct investment (FDI)...

The individual spearheading a flagship initiative central to Saudi Arabia's economic diversification strategy is set to court investors in Hong...

In a significant move to expand its mineral sector, Saudi Arabia has launched the Mining Exploration Enablement Program, targeting international...

February records reflected a substantial 10.26 percent year-on-year increase in Saudi banks' total deposits, hitting the SR2.54 trillion ($677 billion)...

The economic relationship between Saudi Arabia and Iraq is on the brink of a significant leap forward following the announcement...

The recent comparative research has highlighted that Saudi Arabia boasts a more efficient method of producing green hydrogen than Germany....

The sovereign wealth fund of Saudi Arabia has recently launched a dedicated entity, furnished with a $3 billion capital, aimed...

The Saudi Arabian government's recent expansion of premium residency visa offerings is set to capture the interest of wealthy expatriates...

King Abdullah University of Science and Technology (KAUST), renowned for its early embrace of artificial intelligence (AI), stands at the...

Saudi Arabia has revised its population forecasts for the ambitious Neom megacity project, aiming for a smaller number of residents...

The Sustainable Agricultural Rural Development Program, commonly known as Reef Saudi, has reiterated its dedication to fostering the coffee industry...

As the festive period of Eid al-Fitr nears, Riyadh's markets are teeming with shoppers looking to purchase oud (agarwood) and...

The General Authority for Transport in Riyadh has shared remarkable statistics regarding the postal sector's performance in the sacred month...

Jeddah Islamic Port has proudly announced the arrival of the maiden vessel from Saudi container line, Folk Maritime, marking a...

Saudi Arabia's vision for economic diversification is set to be bolstered by the mining sector, as the Kingdom aims to...

As the deputy chief investment officer of Sanabil, Saudi Arabia’s sovereign wealth fund’s venture branch, Bader Al Mana, evidenced signs...

SAN JOSE, Calif. & DHAHRAN, Saudi Arabia—A strategic partnership has been formed between Aramco and GCT Semiconductor Holding Inc. ('GCT'),...

The entrepreneurial sector in Saudi Arabia has emerged as a dominant force in the Middle East and North Africa (MENA),...

The prominent online trading company CFI has announced its role as the Official Partner for the upcoming Saudi Super Cup,...

Recent strategic maneuvers by the Public Investment Fund of Saudi Arabia, via its gaming arms Savvy Games Group and ESL...

Driven by a collective preference for tailored educational experiences, an emphasis on technological skills, and heightened awareness about the benefits...

Riyad Bank is reportedly deliberating the possibility of offering public shares for its investment banking division, aiming to harness the...

China has risen to prominence as the foremost investor in Saudi Arabia's greenfield projects, with a staggering $16.8 billion directed...

China's investment footprint in Saudi Arabia has expanded dramatically, with the country's greenfield foreign direct investment (FDI) inflow into the...

Saudi Arabia is setting its sights on artificial intelligence (AI) for its next major investment frontier. With a history of...

The Zakat, Tax, and Customs Authority (ZATCA) has issued a reminder to all businesses that fall under the withholding tax...

The security landscape in Saudi Arabia is experiencing a significant period of growth, with the market value of security services...

In a recent announcement, the ROSHN Group disclosed the formation of a strategic partnership with Google Cloud. This alliance is...

In a significant development within the Saudi Arabian financial sector, stc pay has been officially sanctioned by the Saudi Central...

Thai small and medium-sized enterprises (SMEs) are identifying Cambodia and Saudi Arabia as promising territories for expanding their trade partnerships....

The asset management domain within Saudi Arabia has demonstrated a notable surge in activity revenues, reaching SR4.2 billion ($1.12 billion)...

In the Kingdom of Saudi Arabia, a new chapter in urban development is unfolding, marked by substantial growth and unparalleled...

King Abdullah University of Science and Technology (KAUST) recently marked a significant stride in research and development (R&D) within Saudi...

A landmark study conducted at King Abdulaziz University has made a significant breakthrough in the battle against cancer, showcasing the...

In a recent surge of economic confidence, equity markets across Asia experienced a noticeable increase. The uptick in shares suggests...

The 'Saudi Vision 2030' has set an audacious goal of attracting 150 million visitors per year, and the burgeoning air...

China has escalated its investment presence in Saudi Arabia, particularly concentrating on sectors pivotal for non-oil economic expansion. With a...

The Saudi Ports Authority, known as Mawani, has recently expanded its maritime connections by incorporating a novel shipping route, the...

The Saudi Ministry of Industry and Mineral Resources has revealed a new set of mining prospects designed to draw both...

In a significant development for the startup ecosystem within the region, Saudi Arabia has taken the spotlight as the epicenter...

Envision a future where Saudi Arabia, traditionally an oil giant, is now setting its sights on a different kind of...

In the Kingdom of Saudi Arabia, the business landscape has experienced a dramatic increase in commercial registrations, with figures reaching...

The dominant force in the global oil market, Saudi Arabia, is poised to raise the official selling price (OSP) for...

Riyadh, Saudi Arabia – The upcoming Future Hospitality Summit (FHS) in Saudi Arabia is set to host a prominent group...

March witnessed the continuation of expansion within the non-oil private sectors of Saudi Arabia and the UAE, despite a slight...

In anticipation of the upcoming Eid Al-Fitr celebrations, the General Entertainment Authority (GEA) of the Kingdom has launched a comprehensive...

Entering the Competition To participate in the contest, technology entrepreneurs operating for under five years in Saudi Arabia should submit...

In March, Saudi Arabia's non-oil private sector exhibited a robust growth surge, reaching a peak in output not seen in...

March witnessed a robust expansion in Saudi Arabia's non-oil business activities, with the sector's output hitting a six-month peak. This...

Expansion in Saudi Arabia's non-oil private sector was driven by robust demand and the acquisition of new clients, resulting in...

Two leading South Korean construction companies have landed a pivotal $7.2 billion contract to build a significant gas facility in...

Saudi Arabia has unveiled a high-tech enhancement to passport control at one of its principal airports by rolling out biometric...

Two prominent South Korean construction companies have successfully obtained contracts worth a total of $7.22 billion from Saudi Aramco, the...

The Saudi-based airline, flynas, has marked a significant milestone in its expansion strategy by taking possession of its 50th Airbus...

In a significant move towards reducing its reliance on oil, Saudi Arabia has reached a pivotal point as its non-oil...

In an insightful exchange, Mohammed Al Naimi, CEO of ACT Group, delves into how Saudi Arabia's Vision 2030 is reshaping...

The Saudi Ministry of Investment and Endava, a global technology services provider renowned for its engineering excellence and client-centric approach,...