Saudi Business News

Saudi Arabia has emerged as the foremost hub for venture capital in the Middle East and North Africa (MENA), securing...

Saudi Arabia is experiencing a significant rise in mergers and acquisitions, with a 17.4% increase in approvals, highlighting efforts to...

Saudi Arabia has dramatically increased its investment licenses, issuing over 36,000, a five-fold rise since the Vision 2030 initiative began....

Lucid Motors Joins 'Made in Saudi' Initiative Lucid Motors, a leading electric vehicle manufacturer, is the first global automotive company...

Saudi Arabia's deep tech startup scene is booming, with nearly half focusing on artificial intelligence and the Internet of Things....

Saudi Arabia has successfully issued a $12 billion bond as part of its Global Medium-Term Note Issuance Program, attracting significant...

Saudi Arabia has kicked off 2025 with significant borrowing to support its ambitious economic transformation goals. The kingdom issued $12...

Saudi Aramco, the leading global oil exporter, has increased its crude prices for Asian markets for February. This marks the...

Saudi Arabia's financial strategy for 2025 involves securing approximately 139 billion riyals ($37.02 billion) in funds. This plan has been...

Saudi Arabia's non-oil business sector experienced robust growth in December, despite a slight slowdown from the previous month. A recent...

Saudi Arabia has made significant strides in its digital transformation, emerging as a leader in technology and innovation. Under Vision...

Saudi Arabia's digital transformation reached new heights in 2024, establishing its leadership in global technology and innovation. Driven by Vision...

Significant developments in Saudi Arabia's poultry industry are underway, promising substantial growth and environmental advancements. A major water company has...

Saudi Arabia's Vision 2030 gained momentum in 2024 through strategic partnerships across various industries, boosting its global economic stature. These...

Saudi Arabia and Türkiye are in talks over a potential purchase of 100 Kaan fifth-generation fighter jets, as negotiations took...

Saudi Arabia Unveils New Business Registration and Trade Name Laws Saudi Arabia has introduced new legislation aimed at simplifying the...

UN Trade and Development's Empretec program is enhancing support for Saudi entrepreneurs through two new initiatives: FintechHub and LogiHub. These...

Advancements in wearable technology are enabling longer, healthier, and more meaningful lives, marking the onset of a global "longevity revolution."...

State Street Corporation has named Majed Al Hassoun as the country head for Saudi Arabia and Bahrain. Al Hassoun will...

Ellucian Teams Up with Naseej to Boost Cloud Adoption in Saudi Higher Education Ellucian, a leader in higher education technology,...

Saudi Arabia's technology sector has rapidly evolved since the launch of Vision 2030, aiming to boost the tech sector's GDP...

Microsoft has achieved a significant milestone by completing the construction of three Azure availability zones in Saudi Arabia. This development...

A significant agreement was reached in Riyadh during the visit of French President Emmanuel Macron to Saudi Arabia. The consortium...

Riyadh – During the French President Emmanuel Macron's visit to Saudi Arabia, a significant energy agreement was signed. TotalEnergies and...

Saudi Arabia is seeing a surge in Chinese exports and investments, especially in green technology, marking a shift from a...

Saudi Arabia is channeling significant resources into green innovation, aiming to transform its arid landscapes. However, concerns about potential greenwashing...

Saudi Arabia has made significant strides in entrepreneurship, ranking third in the Global Entrepreneurship Monitor for 2023-2024. The National Entrepreneurship...

Saudi Arabia is working to shift its economy away from oil through its Vision 2030 initiative. A key part of...

Saudi Arabia has announced nine major investment agreements in the metals and mining sector, totaling over 35 billion riyals ($9.32...

Saudi Arabia has secured nine investment deals in the metals and mining sector, totaling over 35 billion riyals ($9.32 billion),...

Saudi Arabia has announced the signing of nine significant investment agreements with foreign companies, including India's Vedanta and China's Zijin...

In the vast deserts of northwest Saudi Arabia, construction on "The Line" is underway. This ambitious urban project, part of...

China Telecom Gulf has officially commenced operations in Riyadh, marking a significant step in China Telecom's international expansion. This launch...

China Telecom has expanded its international presence by launching China Telecom Gulf in Riyadh. This development aligns with the "Belt...

Moody's has upgraded Saudi Arabia's credit rating from "A1" to "Aa3", highlighting the nation's efforts to diversify its economy beyond...

Sulaiman Abbar stands out not only as a business leader but also as a professional boxer, illustrating a unique blend...

Saudi Arabia's economy is projected to expand by 1.7% this year, with growth accelerating to 4.7% in 2025 and 2026,...

Saudi Arabia's NEOM project, a key part of the Vision 2030 plan, has been significantly scaled back due to high...

Saudi Arabia's Public Investment Fund (PIF) has divested its entire stake in concert promoter Live Nation, as revealed by a...

The Saudi Arabian 5G technology market is expanding rapidly, driven by the Vision 2030 initiative which prioritizes digital infrastructure and...

Saudi Arabia's Strategic Vision Saudi Arabia's Vision 2030 is a transformative plan aiming to position the nation as a global...

Saudi Arabia's Vision 2030 is an ambitious plan to transform the nation into a global investment hub, targeting $3.3 trillion...

General Catalyst, a prominent venture capital firm from Silicon Valley, has ventured into Saudi Arabia by investing in Lean Technologies,...

Saudi Arabia is embarking on an ambitious project called "Project Transcendence," aiming to transform the nation into a leading hub...

Introduction Achieving a stable economy amidst uncertainty is a critical issue. Effective monitoring of uncertainty factors, especially crude oil price...

China is set to issue US dollar sovereign bonds in Saudi Arabia for the first time in three years, marking...

China and Saudi Arabia Strengthen Financial Bonds China has selected Saudi Arabia for its upcoming US dollar bond issuance, marking...

What's happening? Saudi Arabia is experiencing significant growth in its non-oil sector, signaling a move away from its traditional oil...

Hong Kong is looking to strengthen financial ties with Saudi Arabia following a successful visit by its Financial Secretary, Paul...

Saudi Arabia's finance minister has highlighted national debt as a looming threat to global markets, particularly affecting low-income countries and...

Saudi Arabia is intensifying efforts to transform its economy and reduce reliance on oil, as highlighted by Finance Minister Mohammed...

The inaugural in-person WIPO – Saudi Arabia Summer School recently took place in Thuwal, Saudi Arabia, bringing together 40 senior...

Boeing's Major Stock Sale: Boeing has executed one of the largest stock sales ever, raising $21.1 billion to strengthen its...

Riyadh, Saudi Arabia - A $240 million Islamic Equity Bridge Loan has been announced by IFC to support ACWA Power...

Saudi Arabia's sovereign wealth fund plans to shift its investment focus, reducing foreign holdings and increasing local investments. This was...

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is shifting its focus back to the domestic economy after...

Saudi Arabia's Path to Sustainability and Economic Diversification Saudi Arabia is making strides in economic diversification and sustainability, aiming for...

AI: A Catalyst for Saudi Arabia's Economic Transformation Saudi Arabia is undergoing an economic transformation, leveraging artificial intelligence (AI) as...

Mastercard has launched its Mastercard Gateway in Saudi Arabia, supported by The Saudi Central Bank. This infrastructure aims to enhance...

Saudi Crown Prince Mohammed bin Salman has been invited by Russia to the BRICS summit in Kazan, scheduled for October...