Saudi Business News

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...

The city of Riyadh is gearing up to host the 3rd Global Project Management Forum (GPMF) from June 2-3, 2024....

In a recent announcement, AROYA Cruises, the pioneering cruise brand under Cruise Saudi, confirmed its participation in the prominent Arabian...

Riyadh is poised to inaugurate the premiere Boao Forum for Asia conference, with the Saudi Basic Industries Corporation (SABIC) at...

On a bustling street in Riyadh, the capital of Saudi Arabia, the flow of vehicles on February 16, 2021, hinted...

Over eighty firms from Saudi Arabia, operating in sectors such as industry, food, health, and commerce, are gearing up to...

In April, Saudi Arabia's non-oil business sector continued to show resilience, maintaining a consistent pace of growth. This performance was...

The Farasan Islands are currently teeming with excitement as they play host to the 20th iteration of the Hareed (parrotfish)...

In April, the non-oil business sector in Saudi Arabia displayed a consistent pace of growth, in spite of a deceleration...

Saudi Arabia's non-oil private sector showcased continued growth in April, propelled by robust demand within the domestic markets, as a...

As global temperatures escalate, the Arab region finds itself at the vanguard of climate change mitigation efforts. The battle to...

The financial technology landscape in Saudi Arabia is approaching a pivotal milestone, aiming to establish itself as a dominant financial...

In a significant move towards strengthening bilateral relations, the energy ministers of Saudi Arabia and Azerbaijan convened to issue a...

Baker Hughes, a prominent energy technology company, has recently secured a significant contract from Worley, on behalf of Aramco, to...

Under the auspices of Riyadh's Ministry of Health, the King Faisal Specialist Hospital & Research Centre (KFSH&RC) is poised to...

With the arrival of Vision 2030, Saudi Arabia has undertaken a transformative journey, impacting its economic and social landscapes. This...

Located in Saudi Arabia's Al-Washm region, the city of Marat stands as a testament to the deep historical roots within...

According to the World Bank's Chief Economist for the Middle East and North Africa (MENA) region, Roberta Gatti, Saudi Arabia's...

In a pivotal move, Pakistan has joined forces with Uzbekistan and Saudi Arabia to sign a groundbreaking partnership agreement, setting...

Saudi Arabia's grandiose Neom megaproject, valued at a staggering $500 billion and featuring the linear urban development known as 'The...

Recent research conducted within Saudi Arabia projects a surge in precipitation throughout the coming years. Findings from a comprehensive climate...

Artal Capital, an investment firm based in Riyadh with expertise in multiple asset classes, has achieved the initial close of...

Recent developments in Saudi Arabia have signaled a significant push towards the creation of smart cities within the nation. This...

The Chief Executive Officer of Jeddah Airports Company, Mazen Johar, has shed light on the recent enhancements made to streamline...

In an unprecedented achievement for a Saudi educational entity, King Saud bin Abdulaziz University for Health Sciences (KSAU-HS) has garnered...

Diriyah Company has made an announcement today about the commencement of a major mixed-use development named Zallal, which is expected...

In a strategic move to secure additional funding, Neom, the ambitious urban development in Saudi Arabia, has opened its doors...

With the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and Prime Minister of...

Saudi Arabia is taking bold steps to revitalize its cinema sector by slashing licence fees and movie ticket costs. The...

A team from the Saudi Export Development Authority, known as Saudi Exports, is currently on an official mission in the...

In a landmark deal, Saudi Arabia's Public Investment Fund (PIF) is set to acquire a majority stake in the kingdom's...

The Saudi 'Made in Saudi' pavilion, under the auspices of Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources...

Saudi Arabia's Public Investment Fund (PIF) has reached an agreement to purchase a 51 percent share in the kingdom's largest...

In a strategic move to bolster worldwide economic reforms and to strengthen competitiveness on a regional and global scale, Saudi...

At the renowned 49th International Exhibition of Inventions in Geneva, which took place from April 17 to 21, Jouf University...

At the prestigious World Energy Congress in Rotterdam, the Netherlands, ongoing from April 22 to 25, the King Abdullah City...

The stc Group has made a significant leap in the telecommunications arena by securing a majority stake in the region's...

In a recent development within the energy and chemicals industry, Aramco, a giant in integrated energy solutions, has publicly announced...

Saudi Arabia's state-owned Public Investment Fund (PIF) has made a significant move in the telecommunications sector by acquiring a principal...