Saudi Business News

Saudi Arabia's Vision 2030 aims to create a more business-friendly environment, attracting both local and international investors. The government has...

Saudi Arabia's non-oil exports to the UAE reached SR7.10 billion in January, marking a 10% increase from the previous month....

Saudi Arabia is facing increased financial strain as oil prices remain weak, putting pressure on its extensive spending plans. With...

Saudi Arabia's domestic tourism is booming during Eid Al-Fitr, significantly boosting the hospitality industry. The trend towards local travel is...

Businesses in Riyadh experience a surge in activity during Ramadan, as shoppers seek items that enhance their celebrations. Traditional products...

Saudi Arabia's Circular Carbon Economy Framework: A Global Model for Emissions Reduction Saudi Arabia's Circular Carbon Economy (CCE) Framework, introduced...

Saudi Arabia’s national unemployment rate dropped to 7 percent in the last quarter, reflecting ongoing efforts to expand job opportunities...

Saudi Arabia’s real estate market is poised for significant growth in 2025, underpinned by Vision 2030’s push to diversify the...

A new partnership has been formed between ACES, a Saudi Arabian neutral host operator, and RANsemi, a UK-based specialist in...

Saudi Arabia is investing heavily in airport infrastructure, allocating $147 billion to expand and modernize its aviation sector. This initiative...

Tesla is set to enter the Saudi Arabian market, marking a significant step for the company as it faces industry...

Saudi Arabia has introduced new incentives to draw foreign investment into its mining sector, supporting ongoing economic diversification plans. The...

Saudi Arabia's telecom industry is making strides in 5G technology with the introduction of its first live Cloud Radio Access...

Nayla Finance, a fintech startup in Saudi Arabia, has raised $4 million in seed funding, with Sanabil Venture Studio by...

Spain's Tecnicas Reunidas and Egypt's Orascom have won a $2.6 billion contract to expand a major gas-fired power plant in...

Saudi Arabia’s sovereign wealth fund, along with five other major funds in the Gulf, is expected to manage $18 trillion...

Saudi Arabia is intensifying efforts to diversify its economy by attracting foreign investors and reducing reliance on state funding. The...

Saudi Arabia is advancing sustainability efforts with innovative technologies aimed at combating desertification and preserving natural resources. Two standout developments...

Saudi Arabia is confronting water scarcity by investing in advanced solutions and infrastructure as part of its Vision 2030 and...

Saudi Arabia is rapidly positioning itself as a major business hub, driven by significant investments in infrastructure, technology, and tourism....

Saudi Arabia's US Treasury holdings dropped to $126.9 billion in January, down $10.6 billion from the previous month—a decline of...

A consultant, Steven Catudal, spent six months working in Riyadh, Saudi Arabia, where he experienced intense heat and a unique...

Saudi Arabia continues to strengthen its presence in the debt market, raising SR2.64 billion ($704 million) through sukuk issuances in...

TBS Holding from Egypt has formed a strategic alliance with Saudi-based Shahia Investments to expand their reach in Saudi Arabia...

Saudi Arabia has received a credit rating upgrade to A+ with a stable outlook, reflecting progress in economic reforms and...

Saudi Arabia’s credit rating has been upgraded to A+ by a leading global ratings agency, reflecting progress in the nation’s...

Pokemon GO, launched in 2016, transformed mobile gaming by encouraging players to explore real-world locations in search of virtual creatures....

Saudi Arabia is actively working to reduce its reliance on oil by advancing its Vision 2030 strategy, which aims to...

Saudi Arabia’s credit rating has been upgraded by S&P Global Ratings, reflecting progress in the kingdom’s efforts to reduce its...

Al Waha: Enhancing Saudi Arabia's Travel Retail Sector Saudi Arabia's Public Investment Fund (PIF) has launched Al Waha, a company...

Saudi Arabia is reportedly planning to establish a substantial $40 billion fund dedicated to artificial intelligence investments. This initiative, as...

Confluent Partners with sccc by stc for Data Streaming in Saudi Arabia Confluent has formed its first managed service provider...

Saudi Arabia's MDLBEAST is set to redefine the Middle East's music scene with a fresh festival concept and a series...

Taiba Investments, a prominent hospitality group in Saudi Arabia, has appointed Jummar as its communications and public relations consultant. Established...

PwC, a leading global accounting firm, is actively seeking to restore its relationship with Saudi Arabia and its sovereign wealth...

Satellite images reveal progress on Saudi Arabia's Neom project, showcasing a grand palace likely belonging to Crown Prince Mohammed bin...

Saudi Arabia recently hosted a delegation of 40 companies from Central Asia to enhance cross-border investment and trade partnerships. Organized...

The recent mission to Saudi Arabia involved high-level discussions aimed at enhancing business and trade opportunities. In Jeddah, the delegation...

Saudi Arabia's Capital Markets Experience Robust Growth with $274 Billion Raised Saudi Arabia's capital markets have seen remarkable expansion, raising...

Business jet flights have surged, reaching 23,612 in 2024, a significant increase from 19,000 in 2023. Domestic flights climbed by...

Saudi Arabia is actively seeking mining partnerships to secure essential minerals for industrial expansion, aligning with global consolidation trends. At...

Are you an experienced professional in mobile game economy design? If you have over three years of experience and have...

At the World Economic Forum 2025, Saudi Arabia emphasized the necessity for global cooperation to address the world's fragmentation. Prince...

Saudi Arabia's Non-Oil Economy Surges, Defying IMF Projections At the World Economic Forum in Davos, Saudi Arabia's finance minister, Mohammed...

Salesforce is set to expand its operations in Saudi Arabia by opening a regional headquarters in Riyadh. This move includes...

The Public Investment Fund (PIF) of Saudi Arabia has introduced a $4 billion bond offering, as reported by Arab News....

Saudi Arabia's non-oil exports experienced a significant increase of 19.7% in November, reaching SR26.92 billion ($7.18 billion), highlighting efforts to...

Saudi Arabia is ambitiously targeting 70 million tourists annually by 2030, striving to become one of the world's top seven...

The World Economic Forum (WEF) Annual Meeting 2025 in Davos showcased Saudi Arabia's strategic growth plans, as outlined by the...

Saudi Arabia's strategic vision for future growth was a focal point at the World Economic Forum in Davos. Economy and...

Saudi Arabia's Derayah Financial has announced plans to launch an initial public offering (IPO) on Riyadh's main market, marking the...

Saudi Arabia is gearing up for another initial public offering (IPO) with Derayah Financial Company planning to offer 20% of...

Saudi Arabia's Ambitious Mining Vision Saudi Arabia is ambitiously working to establish itself as a major hub for metals and...

Saudi Arabia's Mining Ambitions Face Investor Doubts Saudi Arabia is striving to establish a significant metals and mining hub, yet...

At the World Economic Forum in Davos, Commerce Minister Dr. Majid Al-Kassabi announced that Saudi Arabia's trade in services reached...

Investment Milestone Saudi Arabia is making significant strides in its economic goals, surpassing expectations for investment in its primary economy....

Saudi Arabia is investing over $500 billion in sustainable and innovative tourism projects, as highlighted by Tourism Minister Ahmed Al-Khateeb...

Saudi Arabia's Crown Prince Mohammed bin Salman has expressed intentions to enhance the kingdom's economic ties with the United States....

Saudi Arabia's Non-Oil Economic Growth Exceeds Expectations During the World Economic Forum in Davos, Saudi Arabia's finance minister, Mohammed Al-Jadaan,...

Saudi Arabia's Economic Diversification Surpasses Expectations at World Economic Forum Saudi Arabia's finance minister, Mohammed Al-Jadaan, addressed the World Economic...