Saudi Business News

Riyadh is gearing up for a significant event in the digital realm as it sets the stage for the 19th...

The Kingdom of Saudi Arabia has disclosed the forthcoming holiday schedule for Eid Al Fitr, specifically for those employed within...

Saudi Arabia has proudly announced the creation of Ceer, its pioneering electric vehicle (EV) brand, marking a significant milestone in...

As the holy month of Ramadan graces us, the governorate of Taif in western Saudi Arabia undergoes a remarkable transformation....

Animoca Brands, a leading name in blockchain gaming, is taking significant strides in the burgeoning Web3 sphere in Saudi Arabia,...

The Qiddiya Investment Company (QIC) has made headlines with its announcement of a groundbreaking new attraction for anime aficionados and...

The Saudi Fund for Development (SFD) has taken a significant step forward in promoting sustainable energy in Pakistan with the...

Several multinational corporations are poised to open their regional headquarters in Saudi Arabia, following the signing of memorandums of understanding...

At the heart of Rio de Janeiro, science academies of the G20 nations convened under the Brazilian presidency to kick...

ROSHN Group, a leading real estate developer in Saudi Arabia and a subsidiary of the Public Investment Fund (PIF), has...

As Saudi Arabia embarks on its ambitious economic transformation plan dubbed 'Saudi Vision 2030', it has become clear that oil...

Saudi Arabia is ambitiously carving out a position as a worldwide technology frontrunner with plans to inject a staggering US$40...

The Minister of Transport and Logistics, Eng. Saleh bin Nasser Al-Jasser, conducted an on-site evaluation of King Abdulaziz International Airport's...

On the 19th and 20th of March, the illustrious city of Riyadh hosted a pivotal assembly of the INTOSAI Development...

The Kafalah program, aimed at facilitating loans for small and medium-sized enterprises (SMEs), has teamed up with Sirar by stc...

Saudi Arabia is poised to make a significant entry into the artificial intelligence sector by creating a substantial investment fund...

At the prestigious Ritz-Carlton Moscow Hotel, PIF Managing Director Yasir bin Othman Al-Rumayyan made an appearance during the Russian-Saudi Investment...

The collaborative efforts of Huawei Cloud, the Ministry of Investment of Saudi Arabia (MISA), and the Communications, Space and Technology...

In an ambitious move to harness an estimated $2.5 trillion in mineral wealth, Saudi Arabia is rolling out incentives and...

Saudi Arabia has announced a substantial financial boost for investors in its mining sector, providing a package that reaches almost...

The Saudi Public Investment Fund (PIF) has experienced a meteoric rise in the global hierarchy of sovereign wealth entities, propelled...

Historically the world's leading oil producer, Saudi Arabia has long been the go-to source for oil, supplying vast quantities to...

In a significant move to promote the mining sector, the Saudi Ministry of Industry and Mineral Resources, together with the...

At the heart of Najran lies a treasure trove of culture and history – the Al-Ukhdood Archaeological Site Visitor Center....

LG Electronics, a global leader in technology, has made a significant contribution to manufacturing in Riyadh, Saudi Arabia by transferring...

The Ministry of Industry and Mineral Resources in Riyadh has observed a significant uptick in applications for mining licenses, a...

The Saudi Ports Authority, known as Mawani, has instituted a mandate for all shipping intermediaries and storage facility lessees within...

The Saudi Export-Import Bank has reported a significant achievement in 2023, with the implementation of credit facilities amounting to SR16.5...

In a significant gathering at the Huawei Cloud Automotive Forum, part of LEAP 2024, Huawei Cloud partnered with Saudi Arabia's...

A substantial financial boost of US$100 million has been earmarked for Saudi Arabia's technology innovation sector, thanks to a new...

Saudi Arabia's Almarai, recognized as the largest dairy firm in the Middle East, has unveiled a plan to allocate more...

In a significant stride for Saudi Arabia's burgeoning technology industry, a pivotal agreement has been inked between Dahua Technology and...

In an ambitious push to become a key player in the field of artificial intelligence (AI), Saudi Arabia is reportedly...

Saudi Arabia's Ambitious Plan to Lead in AIA substantial fund of approximately $40 billion is being established by Saudi Arabia...

Jordan's export figures to Saudi Arabia have seen a notable rise in the year 2023, ascending to a value of...

The commercial landscape in Saudi Arabia is witnessing a notable transformation as women entrepreneurs begin to play a pivotal role....

The corporate terrain of Saudi Arabia is undergoing significant transformation with the advent of the Regional Headquarters (RHQ) program, slated...

Oil prices witnessed a significant uptick, reaching a four-month high, driven by a combination of reduced crude exports from leading...

The Saudi Public Investment Fund (PIF) is on a trajectory to amass an astounding $1 trillion by 2025, further cementing...

Recent discussions have surfaced about Saudi Arabia's massive sovereign wealth fund potentially purchasing the country's flagship carrier Saudia, according to...

The Public Investment Fund (PIF) of Saudi Arabia has set an ambitious target to expand its portfolio to a staggering...

The Communications, Space, and Technology Commission (CST) is rallying support for Saudi Arabia's entries in the World Summit on the...

In a significant move to expand its maritime connections, the Saudi Ports Authority, known as Mawani, has launched a new...

Saudi Arabia's state-owned Public Investment Fund (PIF) is reportedly in preliminary discussions to acquire the country's premier airline, Saudia, as...

Saudi Arabia is reportedly in the process of considering a significant change in the structure of its national airline. The...

Saudi Arabia is poised to significantly enhance its higher education landscape by welcoming international academic institutions to establish branches within...

The Tadawul All Share Index in Saudi Arabia witnessed an increase on a recent Sunday, climbing by 39.90 points, or...

The sovereign wealth fund of Saudi Arabia is reportedly in preliminary discussions to acquire the nation's leading airline, as part...

In January 2024, the financial landscape of Saudi Arabia witnessed a significant uptick in residential mortgage loans, reaching a notable...

Selfridges, the esteemed department store, is becoming a focal point for acquisition interest from both Saudi Arabia and Kering, the...

The Saudi Venture Capital Company (SVC) has declared a substantial $30 million investment into the Olive Rock Partners Fund I....

The Public Investment Fund (PIF) of Saudi Arabia is reportedly engaged in preliminary discussions to acquire the nation's premier airline,...

Saudi Arabia's Transformation: A Non-Oil Economic SurgeSaudi Arabia, traditionally known for its pivotal role in the global oil market, has...

In the ever-evolving world of commerce, significant developments have emerged, capturing the attention of investors and corporations alike. Notably, the...

In a landmark achievement for Saudi Arabia, the nation's non-oil activities have reached an unprecedented milestone, constituting 50% of the...

Saudi Arabia is poised to potentially double its hotel room inventory over the coming decade to cater to the increasing...

In the wake of Vision 2030, Saudi Arabia's higher education system is experiencing a significant transformation to better meet the...

During the illustrious MIPIM 2024 gathering in Cannes, France, a prominent event for global property development leaders, the New Murabba...

Two hundred educational institutions in Saudi Arabia are poised to integrate advanced educational technologies created by the Kazakhstani startup CodiPlay,...

The iconic Selfridges department store has found itself at the center of a high-stakes corporate drama following the financial troubles...