Saudi Business News

Saudi Arabia's ambitious Neom megacity initiative recently extended its promotional efforts to China. The Neom delegation embarked on visits to...

A collaboration between Saudi Arabia's Alistithmar Capital and Ezdihar Real Estate Development Co. has been announced, heralding the establishment of...

The commercial aviation sector in Jeddah has recently seen remarkable activity as King Abdulaziz International Airport (KAIA), managed by the...

In a significant move within the business media landscape, the Saudi Public Investment Fund (PIF) has secured a controlling interest...

Riyadh, the capital city of Saudi Arabia, has been officially declared as the host for the 27th iteration of the...

The Public Investment Fund (PIF) alongside the Saudi Telecommunications Company (stc Group) has disclosed the completion of a definitive agreement...

The Kingdom of Saudi Arabia has been recognized as a knowledge hub, a testament to its significant advancements in recent...

In a groundbreaking initiative geared towards revolutionizing the construction and real estate domains, Startup Wise Guys (SWG), in collaboration with...

Date: May 21-22, 2024Location: Riyadh, KSAAs the hub of financial innovation, Riyadh is set to host Finovex Saudi Arabia 2024,...

Riyadh is poised to become a hub of technological innovation with the upcoming Outer Edge Riyadh forum, a gathering that...

The Kingdom of Saudi Arabia is making a significant impact at the 26th World Energy Congress in Amsterdam, with its...

In observance of International Mother Earth Day on April 22, Saudi Arabia is making significant strides in combating climate change,...

The Islamic Development Bank (IsDB) Institute is gearing up for the highly anticipated 18th edition of the IsDB Global Forum...

Prince Mohammad Bin Fahd University (PMU) has recently made headlines with its outstanding performance at the prestigious 2024 International Exhibition...

The 'Discover NEOM' global journey reached its final chapter in Hong Kong, marking the end of a series of international...

The King Salman Science Oasis is currently bustling with activity as it hosts a series of engaging scientific gatherings in...

At a recent international assembly in Beijing, the General Authority for Survey and Geospatial Information (GEOSA) took an active role...

Foreign direct investors often gauge potential opportunities by examining a country's economic growth rate. In this regard, Saudi Arabia has...

The General Organization for Social Insurance in Saudi Arabia has forged a new alliance with the Social Security Corporation of...

The Saudi Fund for Development (SFD) has recently formalized a financial support pact with the Oman Development Bank (ODB), dedicating...

The Development Authority of the Al-Madinah Region has recently upgraded the transportation network by enhancing the bus services that link...

The Saudi Arabian stock market concluded on a positive note over the weekend, with notable upswings in various sectors propelling...

The University of Jeddah has recently garnered accolades for its technological advancements, securing two bronze medals at the prestigious 49th...

Saudi Arabian officials have made a plea to the International Monetary Fund (IMF) to concentrate on its primary responsibilities, highlighting...

Shaqra University has recently achieved notable success at the 49th Geneva International Exhibition of Inventions, claiming three prestigious awards for...

At the recent Geneva International Exhibition of Inventions, Umm Al-Qura University made a remarkable impression by securing multiple awards for...

The Kingdom of Saudi Arabia is making swift advances in the localization of its automotive sector, a key component of...

The inaugural consignment of Jazan mangoes, totaling 24 tons, embarked on its journey to the Hashemite Kingdom of Jordan. This...

A team from the Ministry of Economy and Planning, led by Deputy Minister Rakan Alsheikh, participated in key sessions of...

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...