Saudi Business News

March witnessed a robust expansion in Saudi Arabia's non-oil business activities, with the sector's output hitting a six-month peak. This...

Expansion in Saudi Arabia's non-oil private sector was driven by robust demand and the acquisition of new clients, resulting in...

Two leading South Korean construction companies have landed a pivotal $7.2 billion contract to build a significant gas facility in...

Saudi Arabia has unveiled a high-tech enhancement to passport control at one of its principal airports by rolling out biometric...

Two prominent South Korean construction companies have successfully obtained contracts worth a total of $7.22 billion from Saudi Aramco, the...

The Saudi-based airline, flynas, has marked a significant milestone in its expansion strategy by taking possession of its 50th Airbus...

In a significant move towards reducing its reliance on oil, Saudi Arabia has reached a pivotal point as its non-oil...

In an insightful exchange, Mohammed Al Naimi, CEO of ACT Group, delves into how Saudi Arabia's Vision 2030 is reshaping...

The Saudi Ministry of Investment and Endava, a global technology services provider renowned for its engineering excellence and client-centric approach,...

Shares of Canoo (NASDAQ: GOEV) are experiencing a downturn even as the electric vehicle (EV) manufacturer broadcasts its recent growth...

Saudia, Saudi Arabia's flagship airline, has introduced an enticing offer for international passengers transiting through the country. In a limited-time...

The Saudi Fund for Development (SFD) has recently formalized agreements to provide financial support for two significant hydropower projects in...

The Saudi Central Bank (SAMA) announced a remarkable surge in the adoption of electronic payments across the Kingdom, with e-transactions...

Riyadh's Business Boom: March witnessed a continuation of Saudi Arabia's strong business performance, with the nation's regulatory body greenlighting 18...

The Kingdom of Saudi Arabia has experienced a marked increase in the uptake of retail consumer electronic payments, achieving a...

Canoo Inc., an innovator in the high-tech advanced mobility sector, has announced a substantial vehicle sales agreement with Jazeera Paints,...

In a move that underscores the importance of cultural preservation, the Al-Ghamdi brothers have embarked on a significant project to...

Tonomus, a subsidiary of NEOM focused on cognitive technology and digital infrastructure, has entered into a collaborative dialogue with Monstarlab,...

Riyadh's Ascendancy in Fintech: The 2024 Summit Spotlight Riyadh, a burgeoning financial hub within the MENA region, is set to...

South Korea's cybersecurity titan, AhnLab, has revealed a collaborative venture with Saudi Information Technology Company (SITE), a security and cloud...

Informatica, a leader in enterprise cloud data management, has made a groundbreaking move by launching its AI-powered Intelligent Data Management...

Informatica, a leading enterprise in the realm of cloud data management, has initiated the Intelligent Data Management Cloud™ (IDMC) in...

The Saudi Human Resources Development Fund has made a substantial investment of approximately SAR 8.7 billion ($2.3 billion) in the...

A study by the market research entity YouGov has revealed that a majority of individuals residing in Saudi Arabia, amounting...

Tata Daewoo, the South Korean commercial vehicle giant, has unveiled plans to establish a truck manufacturing facility in Saudi Arabia....

The Saudi Central Bank, known as SAMA, recently disclosed an impressive uptick in digital transactions within the retail sector. Astonishingly,...

While startups in many regions grapple with a scarcity of funding, Saudi Arabia's burgeoning pipeline of initial public offerings (IPOs)...

As Gulf nations seek to expand their economic horizons beyond the oil sector, they have set their sights on the...

Lazard Inc. has strategically expanded its workforce by acquiring the expertise of Ali Syed, a former Citigroup Inc. managing director....

The Middle East's financial landscape is witnessing a transformative shift towards green finance, playing a pivotal role in bolstering economic...

The Saudi Arabian stock market concluded trading on a positive note, with considerable uplifts in multiple sectors propelling the market...

Riyadh Air, the Saudi Arabian carrier that is fully owned by the Public Investment Fund (PIF), has announced a strategic...

At the helm of the Saudi Stock Exchange, Sarah Al-Suhaimi stands as a pioneering figure, having broken through the financial...

In a groundbreaking year for its travel sector, Saudi Arabia achieved a significant milestone, with foreign visitors' expenditures soaring to...

Saudi Arabia has been lauded for its role as the chair of the World Trade Organization's Dispute Settlement Body (DSB),...

Saudi Arabian Plastic Pipes Market Set for Robust ExpansionThe plastic pipes sector in Saudi Arabia is on the brink of...

The financial technology (fintech) landscape in Saudi Arabia has witnessed a remarkable influx of capital, surpassing $23 million in funding...

MoneyGram International, Inc., a leading player in the global fintech industry, has unveiled a strategic collaboration with the innovative FinTech...

Saudi Arabia is swiftly advancing to become a significant gaming nucleus in the Middle East, driven by the government's proactive...

Dolce & Gabbana has unveiled an ambitious expansion plan in the Middle East, with a sharp focus on taking advantage...

The economic landscape of Saudi Arabia is undergoing a significant transformation, presenting a complex mix of opportunities and challenges for...

A leading South Korean cybersecurity company, AhnLab Inc., has recently revealed its strategic plan to establish a joint venture with...

Emerging as a beacon of scientific research and innovation, the King Abdullah University of Science and Technology (KAUST) has developed...

According to a recent study, the allure of smart, interconnected urban environments could significantly enhance the contentment of their residents....

Saudi Arabia is taking a significant stride towards fulfilling its Vision 2030 with the launch of the Integrated Maritime Service...

The Kingdom of Saudi Arabia has been making notable strides in economic development, which has resulted in a surge of...

In the bustling Abi Al-Saud district, the majestic Historical Palace of the Emirate stands as a testament to Najran's storied...

ROSHN Group has announced the inauguration of their latest project, ALMANAR, which represents both their fifth integrated mixed-use development and...

A recent financial pact between Bangladesh and a Saudi financial institution is poised to fortify the energy stability of the...

Tim Callen, renowned for his tenure at the International Monetary Fund (IMF), is recognized as an authority on the economies...

The Saudi Arabian startup Rize is poised to revolutionize the 'rent now, pay later' (RNPL) sector and is on track...

Leading the charge in artificial intelligence within the aerospace sector, Amani Alonazi holds the prestigious position of technical lead AI...

In a landmark achievement for Saudi Arabia, preliminary figures from the nation's Central Bank have unveiled a staggering increase in...

In a recent showcase of Saudi Arabia's growing appeal as a luxury tourist destination, several high-profile football players from the...

The prestigious King Faisal Specialist Hospital & Research Centre (KFSH&RC) has recently been honored with five research grants as part...

With the United Kingdom's economy experiencing a period of stagnant growth and a noticeable decrease in metropolitan transactions, numerous top-level...

In the dynamic realm of science and innovation, Saudi Arabian women are making landmark achievements, supported by robust educational and...

Saudia, Saudi Arabia's esteemed national airline, has once again been honored with the highest accolade in the Kingdom, leading the...

The coastal city of Jeddah in Saudi Arabia is now home to the world's first mosque constructed via 3D printing...

Saudi Arabia is in the midst of an ambitious economic transformation, with the burgeoning space industry taking center stage as...