Saudi Business News

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...

The Minister of Transport for Saudi Arabia, Saleh Al-Jaser, recently highlighted the significant potential for investment within the nation's burgeoning...

Saudi Arabia is actively engaging with leading aircraft manufacturers Boeing and Airbus to secure the approval of their locally produced...

In a landmark move for its energy industry, Saudi Arabia has unveiled its inaugural quantum computer, signifying a major push...

The Saudia Group, encompassing both the national carrier Saudia and its budget-friendly counterpart flyadeal, has confirmed a substantial procurement of...

With the inauguration of its regional headquarters, global consulting giant Alvarez & Marsal (A&M) is bringing its trademark unbiased, action-focused...

Saudi Arabian and Chinese dignitaries are convening in Beijing for pivotal discussions aimed at propelling international economic expansion. The gatherings,...

In a landmark move for the advancement of technology in Saudi Arabia, energy titan Aramco has announced a strategic partnership...

Located in Riyadh, Chalhoub Group, a renowned retail conglomerate, has recently been acknowledged as the only retailer to secure a...

The Kingdom of Saudi Arabia is actively enhancing its e-commerce landscape to become more alluring for both local and international...

In a milestone move for the business media sector, Saudi Arabia's energy powerhouse Aramco has entered into a pivotal agreement...

Saudi Arabia, recognized as the globe's second-largest oil producer, trailing only the United States, boasts a substantial GDP, reflecting its...

The quantum computing firm Pasqal, headquartered in Paris, has made headlines by confirming a pivotal agreement with Aramco, the Saudi...

In a significant stride forward, Merit, a company specializing in customer and engagement technologies, has announced that it has raised...

Riyadh-based payment service provider Geidea has recently welcomed Abdulrahman Almutairi to its executive team as the new group Chief Technology...

The Saudi Venture Capital Company (SVC), under the umbrella of the Small and Medium Enterprises Bank (SME), has disclosed a...

RIYADH, Saudi Arabia - The eWTP Arabia Capital Technology Fund I, managed by the prominent Middle Eastern private equity firm...

The Saudi Fund for Development (SFD) took a prominent role in the 92nd regular meeting of operations directors from the...

Saudi Awwal Bank has secured the prestigious 'Best Bank Award 2024 in Saudi Arabia' from Global Finance for an impressive...

The SAMI Advanced Electronics Company (SAMI-AEC), a fully owned entity of the Saudi Arabian Military Industries (SAMI), has proudly announced...

On May 19, 2024, the Saudi Arabian delegation, led by Finance Minister Mohammed Aljadaan, is set to engage in pivotal...

In an effort to enhance job prospects for its citizens, Saudi Arabia has initiated a significant localization plan for the...

In a landmark move set to fortify financial ties, Japan and Saudi Arabia are on the verge of finalizing an...