Saudi Business News

Saudi Arabia's Finance Minister, Mohammed Aljadaan, recently joined forces with IMF Managing Director Kristalina Georgieva to deliberate on international monetary...

The Kingdom of Saudi Arabia's delegation recently wrapped up its active engagement in the prominent 2024 International Monetary Fund (IMF)...

As urban landscapes evolve, Hitek, a subsidiary of the Farnek group, has entered into a strategic joint venture with Virgin...

The capital of Saudi Arabia is set to launch a dynamic event titled Innovation Week, which will commence on April...

Amid the towering skylines of Riyadh, Jeddah, and Dammam that epitomize Saudi Arabia's economic prowess, a transformative story of decentralized...

The Kingdom of Saudi Arabia is on track to fulfill its ambitious objective of reaching 130 gigawatts in renewable energy...

During a key visit to Pakistan this week, Saudi Foreign Minister Faisal bin Farhan Al Saud's agenda is centered on...

Consumer spending on Fast-Moving Consumer Goods (FMCG) in Saudi Arabia and the UAE exhibited marginal growth in the final quarter...

In the heart of Saudi Arabia, a significant shift is underway within the mining sector, which is set to become...

SHREE, a prominent Indian fashion label, has recently announced its entry into the Saudi Arabian market, inaugurating its inaugural store...

Announcement of a pivotal Memorandum of Understanding (MOU) has been made by AfriLabs, an African innovation hub network, and the...

The Saudi Fund for Development (SFD) has cemented a financial partnership with Saint Kitts and Nevis through a $40 million...

At a pivotal gathering in Islamabad, the foreign ministers of Saudi Arabia and Pakistan led the Special Investment Facilitation Council...

The World Bank has updated its projections for the growth of the Saudi economy, now anticipating an increase of 5.9%...

The Business Continuity Institute (BCI) has recently announced the establishment of a new chapter in Saudi Arabia, aimed at strengthening...

The headquarters of the Islamic Development Bank (IsDB) in Jeddah was the scene of a celebratory event as the institution...

The Saudi Minister of Tourism emphasized the nation's dedication to fostering sustainable practices within the travel industry at a recent...

The hospitality sector in Saudi Arabia is poised for substantial expansion, with predictions indicating a doubling of available accommodations and...

The Communications, Space, and Technology Commission (CST) of Saudi Arabia has taken a significant step in bolstering the space industry...

The Islamic Development Bank Group (IsDB) is poised to conduct its momentous 2024 Annual Meetings alongside the celebration of its...

The World Bank has updated its economic forecasts for the Kingdom of Saudi Arabia, predicting a more robust growth than...

Madinah has achieved a remarkable leap, climbing 11 places in the prestigious IMD Smart City Index for 2024. This significant...

The International Monetary Fund (IMF) has recently updated its forecast for Saudi Arabia's economic growth, now anticipating a robust 6...

Riyadh: In a recent strategic move, the Second Milling Company, also known as MC2, has undergone a significant rebranding initiative,...

A prominent enterprise payment processing and ledger provider, Episode Six, has recently revealed a partnership with Loop, a notable e-Money...

On Tuesday, Saudi Arabia's principal stock market indicator, the Tadawul All Share Index, experienced a substantial decline, dropping by 207.91...

The stock market in Saudi Arabia experienced a decline at the close of Tuesday's trading session, with notable dips occurring...

Over seventeen Saudi enterprises are poised to share their expertise at the esteemed Middle East Energy conference, which will be...

The inflation rate in Saudi Arabia took a modest step back in March, recording a 1.6 percent rate, a slight...

stc Group has secured the title of the supreme workplace in the Kingdom of Saudi Arabia, as declared by the...

ACWA Power, a prominent Saudi energy company, has recently announced the acquisition of a significant $80 million equity bridge loan...

LinkedIn, the renowned professional networking giant, has recently disclosed its annual roster of leading companies in the UAE and Saudi...

Re-engaging in the professional realm post-career hiatus is a significant hurdle for women in Saudi Arabia, with a mere 40...

Saudi Arabia's Ras Al-Khair Special Economic Zone (SEZ) Emerges as a Marine Industry Powerhouse Strategically positioned adjacent to the Kingdom's...

Saudi Arabia's Foreign Minister, Prince Faisal bin Farhan, is anticipated to engage with Pakistani leadership including the prime minister and...

In a recent development, Saudi Arabia has dispatched its top diplomat to Pakistan with an entourage of officials for a...

Bringing together the crème de la crème of the construction world, NEOM, the avant-garde sustainable development in Saudi Arabia's northwest,...

Riyadh /Outer Edge/ – The groundbreaking event Outer Edge, which has been a forerunner in the realm of Web 3,...

The World Bank has recently updated its economic growth forecasts, indicating a more optimistic outlook for Saudi Arabia's economy. The...

Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, is poised to lead the country's delegation at the crucial gatherings of the International...

Saudi Arabia's Finance Minister, Mohammed Aljadaan, is set to lead the Kingdom's delegation to the upcoming International Monetary Fund and...

The Saudi Center for the Fourth Industrial Revolution (C4IR), in alliance with the World Economic Forum, along with King Abdulaziz...

RIYADH: The Saudi-based drilling corporation ADES is gearing up to manage a colossal SR350 million ($93.3 million) jack-up rig in...

In Saudi Arabia, a remarkable 20 percent year-over-year growth was recorded in February for payments made via point-of-sale (POS) terminals,...

The Kingdom of Saudi Arabia has observed a significant 20 percent year-on-year upsurge in point-of-sale (POS) transactions this February, amounting...

The Kingdom of Saudi Arabia is taking bold strides towards sustainable solutions within the transport sector, with electric vehicles (EVs)...

The landscape of transportation in the Middle East is on the brink of a revolution, with electric vehicles (EVs) at...

Funding Souq, a dynamic platform dedicated to financing small and medium-sized enterprises (SMEs), celebrates securing a coveted license from the...

The metaverse, characterized by virtual and augmented reality, is poised to dismantle traditional geographical limitations, ushering in an era of...

The metaverse, a virtual realm enhanced by augmented and virtual reality, is set to break down geographical constraints and elevate...

The metaverse, an expansive virtual realm enriched by virtual and augmented reality, is poised to erase physical boundaries, paving the...

Saudi Arabia's economy has reached a new milestone with its non-oil sector revenues hitting an unprecedented $453 billion.The nation's economic...

In the heart of the Middle East, Saudi Arabia's economy is thriving, bolstered by its strategic position, robust economy, and...

Mounting ecological consciousness and the urgency to address climate change are shaping the market dynamics in Saudi Arabia, as sustainability...

Experts in the economic sphere are signaling a bright future for Saudi Arabia's investment environment, driven by its robust equity...

Saudi Arabia has become a magnet for investors and partners looking to support startups and entrepreneurs, thanks to its robust...

The landscape of the space industry is undergoing a transformative change as emerging markets around the globe are making substantial...

With an estimated 1.5 billion students worldwide affected by school closures during the pandemic, educational institutions rapidly embraced smart technologies...

Saudi Arabia continues to forge ahead with the development of its groundbreaking Neom megacity, a project that embodies the nation's...

The foreign assets held by commercial banks in Saudi Arabia have experienced a remarkable 22 percent increase as of February,...