Saudi Business News

The business landscape between Saudi Arabia and Malaysia is set to strengthen following a series of high-profile meetings in Kuala...

The Saudi capital is gearing up to welcome the Fifth Internal Auditing Forum on May 12, an essential gathering in...

The national oil behemoth of Saudi Arabia, Aramco, is gearing up to distribute nearly £100bn to its shareholders, which includes...

Luxury hospitality leader Four Seasons, in collaboration with Dar Al Omran Company, has revealed plans to enhance its Middle East...

DXwand, a company at the forefront of AI-driven conversational technology, has forged a significant partnership with AstroLabs, a platform dedicated...

Saudi Arabian equity markets concluded the trading session lower on Tuesday, with significant declines in various sectors dragging down the...

In the face of declining profits, Aramco has chosen to preserve its substantial $31 billion dividend distribution to the Saudi...

Ant International, a leading digital payment and FinTech company based in Singapore, has recently signed a Memorandum of Understanding (MoU)...

A consortium of Saudi scholars has recently introduced a novel technology for producing microalgae. This advancement is poised to transform...

The inauguration of a new business council marks a significant step forward in strengthening economic bonds between Saudi Arabia and...

Cognizant and Google Cloud are taking their global collaboration to new heights with an announcement of a strategic partnership in...

Abyan Capital, a pioneering firm in Saudi Arabia's robo-advisory domain, has successfully garnered an $18 million Series A investment. The...

Lucid Motors remains unprofitable in the initial quarter, forecasting a substantial rise in investment expenses to reach $1.5 billion for...

Business entities from Hong Kong and mainland China are mobilizing for significant investments in Saudi Arabia, signifying a major move...

During a pivotal trip to Malaysia, Saudi Arabia's Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi convened with the Malaysian...

DXwand, recognized for its advancements in AI-driven conversational technologies, has declared its foray into the Saudi Arabian market through a...

In Saudi Arabia's capital, Riyadh, a grand celebration of leisure and technology has commenced with the opening of two highly...

The oil behemoth Saudi Aramco recently disclosed its financial achievements for the initial quarter of the year, revealing a net...

NEOM has recently introduced Jaumur, which stands as the most extensive cosmopolitan marina community along the Gulf of Aqaba. It...

Pakistan's State Minister for Information Technology, Shaza Fatima Khawaja, has recently highlighted the potential benefits arising from the collaboration between...

A delegation from Saudi Arabia's Manara Minerals has arrived in Pakistan to discuss the potential acquisition of a share in...

The Capital Market Authority (CMA) has unveiled a comprehensive narrative titled

On the upcoming Wednesday in Houston, Texas, the Saudi-U.S. Business Council is set to commemorate its 13th year since inception...

The Malaysian capital of Kuala Lumpur was the venue for a high-profile meeting between Prime Minister Anwar Ibrahim and Dr....

The Saudi Arabian capital of Riyadh commenced a significant event in the business media sector, as the Minister of Industry...

At the forefront of sustainable manufacturing, Alat, backed by the Public Investment Fund, has recently announced the launch of two...

The Kingdom of Saudi Arabia is poised to make a splash in the world of high fashion with the debut...

Abyan Capital, a trailblazing robo-advisory enterprise based in Saudi Arabia, has successfully completed a Series A financing round, amassing $18...

According to Marco Osnato, Chairman of the Saudi-Italian Parliamentary Friendship Committee, Italian commerce chambers and corporate entities are gearing up...

Saudi Arabia is making significant strides in becoming a destination of choice for professionals worldwide, as it ascends to the...

The non-oil sector of Saudi Arabia is poised for expansion, fueled by escalating government investments in the ambitious Vision 2030...

Responding to heightened demand, Saudi Arabia's non-oil private sector saw significant purchasing acceleration in April, indicating robust economic activity.In the...

The Beach Walk in King Abdullah Economic City stands out as a prime destination, enticing visitors with its captivating charm....

In the 2024 travel forecast for the Middle East and North Africa (MENA) region, Egypt and Saudi Arabia continue to...

The National Housing Company (NHC) of Saudi Arabia has recently inked a pact with CITIC Construction, a Chinese firm, to...

Michael Mainelli, the Lord Mayor of London, has disclosed that there is a concerted push to enhance collaborations with Saudi...

Saudi Arabia disclosed a budget shortfall of 12.39 billion Saudi riyals (around $3.303 billion) for the initial quarter of 2024,...

The directors of Qiddiya Investment Company (QIC) have revealed plans to open Aquarabia, the first water theme park of its...

The coastal waters of Jazan, spanning over 330 kilometers, are recognized for their fecundity, playing a key role in the...

The supply of building materials in Saudi Arabia is poised to surge following a strategic agreement inked between the National...

Red Sea Global (RSG) has announced its plans to unveil a new golfing jewel, Shura Links, situated on the scenic...

In a recent strategic move, the Agricultural Development Fund (ADF) has inked a memorandum of understanding with the Islamic Corporation...

Riyadh Enhances Electrical Infrastructure with Significant Investment in Energy ProjectsWith a combined capacity of 3.6 gigawatts, Saudi Arabia's electricity production...

Saudi Arabia has reported a first-quarter budget shortfall of 12.4 billion riyals ($3.30 billion), the Finance Ministry announced, citing elevated...

RIYADH, Saudi Arabia—Saudi Arabia's premier logistics and supply chain solutions provider, SAL, is excited to unveil its Fulfillment Business Unit....

Saudi Arabia's Robust Asset Position Upheld by Prudent Fiscal Measures The steadfast commitment of the Saudi government to diversify its...

The Najran Region, known for its agricultural heritage, continues to flourish, underpinned by its fertile landscapes and favorable weather. This...

The municipal authorities of Madinah have recently completed negotiations to initiate the 'Heart of Uhud' project, an ambitious endeavor aimed...

Pakistan is actively pursuing a substantial investment from Saudi Arabia, targeting funds of around $25 billion to revitalize its financially...

The Kingdom of Saudi Arabia, recognizing Pakistan as a prime economic and investment destination, has expressed its commitment to strengthening...

Saudi Arabia has escalated the cost of its primary crude oil directed at Asian markets for the third successive month,...

A cohort of Saudi Arabian entrepreneurs arrived in Pakistan this past Sunday, eager to identify potential investment avenues within a...

In a strategic move to manage the oil market's balance, Saudi Arabia has increased the cost of its premier crude...

The National Housing Company (NHC) of Saudi Arabia has inked a pivotal agreement with China's CITIC Construction. This collaboration is...

The Kingdom of Saudi Arabia has traditionally anchored its economic strength on its abundant oil reserves. Yet, the nation has...

Saudi Aramco has announced an increase in the official selling price (OSP) for its premier Arab Light crude to Asian...

Mohammed Al-Jadaan, Saudi Arabia's Finance Minister and the head of the Financial Sector Development Program Committee, highlighted the country's ongoing...

In an expression of admiration for Saudi Arabia's ambitious digital transformation and mega-project developments, a senior Japanese official signaled Japan's...

In the first quarter of 2024, Saudi Arabia reported a budget shortfall totaling 12.387 billion riyals, which is equivalent to...

In a recent financial assessment, Saudi Arabia has reported a notable 9 percent increase in non-oil sector revenues, reaching SR111.51...