Saudi Business News

Saudi Arabia is on a mission to transform its tourism industry into a major economic pillar. With the aim of...

South Korea's Naver Corp has reached a strategic partnership with Aramco Digital, the tech arm of the oil behemoth Saudi...

The Gulf Cooperation Council (GCC) is poised to accelerate economic expansion by improving its regional dispute resolution mechanisms this year.Recognized...

Business leaders in Saudi Arabia and Egypt are advocating for enhanced economic collaboration with the aim of elevating their already...

The Saudi Cable Company has recently declared its intention to divest its investment interests in Turkey. This strategic pivot follows...

Businesses worldwide are keenly observing the latest tax regulations implemented for regional headquarters based in Saudi Arabia.These regulations establish a...

In an ambitious move, Saudi Arabia is joining forces with a globally distinguished architecture firm to create a towering skyscraper...

Salah Almnsoori has been at the helm of a construction enterprise in Saudi Arabia for over a decade and a...

LTIMindtree, an established IT services firm from Mumbai, has acquired a 51% majority share in a joint venture (JV) with...

LTIMindtree has inked a deal with the digital and technology arm of Aramco, known as Aramco Digital, to set up...

In a landmark development signaling a transformative shift in urban lifestyles, Rafal Real Estate Development Company has joined forces with...

The Kingdom of Saudi Arabia has successfully drawn in an impressive $888 million in investment commitments as a result of...

IBM is gearing up to enhance its presence in the Middle East with a substantial investment aimed at fostering innovation...

Tencent Cloud marked its debut at LEAP 2024, showcasing its conviction that Saudi Arabia is poised to become a dominant...

IBM, a global frontrunner in hybrid cloud services, artificial intelligence (AI), and consulting, has revealed its intention to channel over...

Saudi Arabia's Minister of Tourism, Ahmed Al-Khateeb, has announced the launch of an innovative initiative designed to accelerate the nation's...

The sovereign wealth funds of Saudi Arabia and Bahrain have penned a Memorandum of Understanding (MoU) to amplify cooperation and...

In a significant development for the financial sector of the Gulf Cooperation Council (GCC), Secretary-General Jassem Mohammed Al-Budaiwi has announced...

In response to the decision by OPEC+ to maintain production restrictions through mid-year, Saudi Arabia has escalated the pricing for...

The financial health of Saudi Arabia's economy is reportedly robust, according to statements made by the country's Finance Minister Mohammed...

Saudi Arabia Intensifies Trade Relations by Establishing Investment Presence in Sao PauloIn a strategic move to fortify its economic relationships,...

Saudi Arabia is making a significant impact at the ITB Berlin Convention, the premier event for the global tourism industry....

Amazon Web Services (AWS) is positioning itself as a pivotal player in Saudi Arabia's tech sector by announcing a $5.3...

Saudi Arabia's Minister of Tourism, His Excellency Ahmed Al-Khateeb, recently announced the launch of a transformative program designed to bolster...

Saudi Arabia's Minister of Tourism, Ahmed bin Aqeel Al-Khateeb, led the nation's delegation to the prestigious International Travel Trade Show...

The latest data from the General Authority for Statistics indicates a significant upswing in commerce between Saudi Arabia and its...

In a significant move to enhance Riyadh's housing landscape, the National Housing Company (NHC) has joined forces with Talaat Moustafa...

At the cutting-edge technology event LEAP 2024, held under the aegis of Prince Mishaal bin Sultan bin Abdulaziz and the...

In a bold move to enhance the gaming and Esports sector in Saudi Arabia, the National Development Fund (NDF), together...

The Communications, Space and Technology Commission (CST) has recently issued a significant license to TONOMUS, a digital technology firm within...

The Communications, Space & Technology Commission (CST) has recently declared the Saudi Telecom Company (stc) as the distinguished recipient of...

The Communications, Space & Technology Commission (CST) in Saudi Arabia has recently honored Mobily with the prestigious Customer Experience Award...

In a significant move to strengthen economic ties, the Saudi-Egyptian Business Council has proposed the creation of an economic coalition...

As Saudi Arabia continues to cement its status as a central hub for technology and investments within the region, the...

The sovereign wealth entities of Saudi Arabia and Bahrain have inked a memorandum of understanding (MoU), establishing a framework to...

The Qiddiya Investment Company has revealed plans for a new, avant-garde racetrack situated within the environs of Qiddiya City. This...

In a significant push to nurture its emerging start-up ecosystem, Saudi Arabia has unveiled a series of seven funds totaling...

In a significant development for the business media sector, the sovereign wealth funds from Saudi Arabia and Bahrain have inked...

Kumho Tire has successfully forged a groundbreaking technology export deal with Saudi Arabia's Black Arrow Tire Company (Blatco), reinforcing its...

A strategic alliance has been forged between Aramco Digital, the tech-driven arm of Aramco, and LTIMindtree, a leader in digital...

The tech landscape in Saudi Arabia has been invigorated by a massive influx of investments totaling $11.9 billion, announced at...

In a strategic move to bolster national industries, Saudi Arabia's Communications, Space and Technology Commission (CST) has declared the issuance...

In a significant event held in Riyadh from March 4 to 7, the Minister of Industry and Mineral Resources, Bandar...

The Kingdom of Saudi Arabia has set a new precedent in the global travel sector by successfully attracting a record...

The Saudi Minister of Tourism, Ahmed bin Aqeel Al-Khateeb, recently announced the introduction of the Tourism Investment Enablers Program, a...

The 18th gathering of the Saudi-Egyptian Joint Committee wrapped up in Riyadh with a focus on enriching bilateral commerce. The...

The Communications, Space, and Technology Commission (CST) has taken a giant leap in bringing together minds interested in the final...

The Ministry of Justice has taken a prominent role as a golden partner in the 'LEAP 2024' event, a prestigious...

The Saudi Ministry of Human Resources and Social Development has taken a significant step forward in the realm of digital...

The Saudi-Brazilian Business Forum, a pivotal event that brought together 150 investors from varied economic sectors of Saudi Arabia and...

The Saudi Fund for Development (SFD) has taken a significant step forward in advancing global digital infrastructure through a new...

The LEAP 24 exhibition, a significant event in the tech calendar, has been a launchpad for a staggering $11.9 billion...

ROSHN Group has unveiled the latest expansion of its esteemed SEDRA project with an announcement of a fresh phase introducing...

In 2022, Saudi Arabia allocated $5.1 billion to research and development, marking a significant 32.7% increase from the $3.9 billion...

Riyadh, Saudi Arabia – Atos has announced its intent to establish a state-of-the-art Sports Technology Centre of Excellence. This hub...

Saudi Arabian telecommunications company Zain has set its sights on advancing the deployment of 5G-Advanced (5G-A) services beginning in 2024,...

Amidst the rapid progression in the space sector, including the democratization of space industries and the reduction in manufacturing costs,...

Saudi Arabia has announced that various companies, including Amazon Web Services (AWS), will commit more than $10 billion to the...

At the anticipated LEAP 2024 event, UiPath, a global leader in enterprise automation and artificial intelligence software, has declared its...

The Ministry of Culture is set to illuminate the third edition of the LEAP 2024 Tech Conference with its thematic...