Saudi Business News

Portuguese small and medium-sized enterprises (SMEs) recently made a strong impression in the Middle East, showcasing the vitality and innovation...

Saudi Arabia is tackling severe water scarcity by advancing its water management strategy, focusing on availability, accessibility, and affordability. With...

Saudi Arabia’s economy continues to be driven by oil, but efforts under Vision 2030 are accelerating diversification into sectors like...

Saudi Arabia is accelerating its shift toward an AI-driven economy, with artificial intelligence playing a central role in the nation's...

Saudi Arabia and Syria are moving to strengthen economic ties through a recent virtual meeting between their investment and economic...

Saudi Arabia and the UAE are setting new standards for office fit-out investments, with average spending surpassing $2,400 per square...

The Middle East holds a mid-level position in business complexity according to the latest Global Business Complexity Index, which evaluates...

Saudi Arabia has reduced its official selling price for Arab Light crude oil to Asia for July, setting it at...

Blacklane has formed a partnership with electric vehicle manufacturer Lucid Group to expand its eco-friendly transportation services in Saudi Arabia....

Saudi Arabia is emerging as a key destination for global business schools, with executive education gaining momentum due to strong...

Saudi Arabia's 2025 budget outlines a 3% deficit as the country balances fiscal discipline with ambitious economic reforms. Despite a...

Saudi Arabia’s non-oil private sector saw improved business conditions in May, as indicated by the Riyad Bank Purchasing Managers’ Index...

The non-alcoholic drinks market in Saudi Arabia is experiencing robust growth, mainly due to increased health consciousness among consumers. Many...

A new partnership between droppRWA and RAFAL Real Estate Co is set to introduce Saudi Arabia’s first real-world asset tokenization...

MRM has named Warren Davey as General Manager for its operations in Saudi Arabia, signaling a push to expand in...

Wamid, the technology arm of Saudi Tadawul Group, has entered a multi-year agreement with BMLL Technologies to introduce Saudi Arabia’s...

Saudi Arabia is rapidly emerging as a leader in artificial intelligence, earning global recognition for its technological advancements and commitment...

OPEC+, a coalition led by Saudi Arabia and Russia, recently faced internal disagreements over oil production policies. Saudi Arabia pushed...

Chinese cloud service providers are gaining ground in the Middle East, challenging established U.S. firms in the region’s digital infrastructure...

Saudi Arabia’s non-oil private sector maintained strong momentum in April, as shown by a Purchasing Managers’ Index reading of 55.6....

Leo Burnett Saudi Arabia has named Tarek Akil as its new Business Lead, entrusting him with the leadership of the...

Lucid Group has announced a strategic partnership with King Abdullah University of Science and Technology (KAUST) in Saudi Arabia, aiming...

Saudi Arabia's non-oil private sector experienced slower growth in April, as a sharp drop in new orders offset an upswing...

Saudi Arabia is rapidly advancing its hydrogen economy, investing heavily in both green and blue hydrogen to achieve its goal...

Saudi Arabia is emerging as a major destination for skilled professionals worldwide, thanks to its focus on innovation and economic...

Saudi Arabia is managing a period of low oil prices and cautious foreign investment in its major projects with apparent...

Saudi Arabia has lifted restrictions on domestic charter flights, allowing international business and private jet operators to fly within its...

Startups eyeing expansion into Saudi Arabia’s booming market must carefully navigate local regulations, secure strong financial backing, and adapt to...

The Middle East is rapidly establishing itself as a key force in the global business events industry, with the UAE,...

The upcoming Esports World Cup in Saudi Arabia is set to make waves in the gaming industry, featuring 25 tournaments...

Saudi Arabia’s economic growth has slowed, largely due to a steep drop in oil prices and ongoing global trade tensions....

Saudi Arabia’s economy saw growth in the first quarter, driven mainly by stronger non-oil sector performance as the country continues...

Saudi Arabia has introduced new laws governing commercial registration and trade names, aiming to modernize its business environment and support...

Peru is aiming to expand its agricultural and food exports to Saudi Arabia, highlighting investment incentives available to foreign partners....

The Communications, Space and Technology Commission in Saudi Arabia has unveiled a draft Global AI Hub Law for public consultation,...

The Saudi Arabia business travel sector is experiencing robust growth, driven by economic diversification and technological innovation. Recent studies estimate...

Saudi Arabia has implemented new executive regulations for its Investment Law, a move expected to boost transparency and make the...

Saudi Arabia is encouraging Kuwaiti investors to tap into its expanding mining and industrial sectors. During a recent official visit...

Saudi Arabia is signaling a shift in its oil market approach, telling allies and industry insiders that it will not...

A delegation from New Jersey, led by Governor Phil Murphy and First Lady Tammy Murphy, began a six-day economic mission...

Oil prices have dropped recently due to concerns over a potential US-China trade war and OPEC+’s unexpected decision to boost...

The Saudi-Italian Business Forum in Lombardy spotlighted the growing economic ties between Saudi Arabia and Italy, bringing together key leaders...

Saudi Arabia is making notable progress with its Vision 2030 initiative, surpassing many goals ahead of schedule. Vision 2030, launched...

stc group has been recognized as the leading workplace for career advancement in Saudi Arabia, topping LinkedIn’s 2025 list. This...

Saudi Arabia’s non-oil exports hit a record SR515 billion in 2024, reflecting a 13% rise from the previous year and...

Saudi Arabia is considering reducing bank guarantee requirements for financial firms seeking licenses, aiming to strengthen its financial sector. The...

Saudi Arabia’s Vision 2030 has delivered significant progress, with 93% of its key performance indicators either fully or nearly achieved...

Saudi Arabia's webook.com is charting an aggressive path to become a billion-dollar enterprise and pursue a future public listing. Originally...

The wearable technology market in Saudi Arabia is experiencing significant growth, with its value reaching $672.9 million in 2024 and...

IDEMIA Public Security and Technology Control Company (TCC) have agreed to deepen their partnership to advance digital identity, biometrics, and...

India and Saudi Arabia have agreed to collaborate on building two oil refineries in India, a move aimed at strengthening...

Saudi Arabia’s mining industry is rapidly gaining global attention, fueled by government reforms, major investments, and a surge in domestic...

Saudi Arabia is accelerating its adoption of artificial intelligence, driven by Vision 2030 and a nationwide push to diversify the...

Saudi Arabia’s National Debt Management Center has raised SR3.71 billion ($990 million) through its April sukuk issuance, marking a 40%...

Saudi Arabia has been recognized as a leading force in artificial intelligence research, ranking 15th worldwide based on the number...

Saudi Arabia faces mounting fiscal challenges as the International Monetary Fund has sharply increased its projection for the kingdom's government...

Saudi Arabia and Ethiopia are working to expand economic collaboration, especially in agriculture, manufacturing, and tourism. This development follows a...

Saudi Arabia is set to strengthen its influence in the global Islamic finance sector in 2025, driven by economic diversification...

Saudi Arabia and Algeria have entered new agreements aimed at strengthening trade and investment ties, as senior officials and business...

Beauty World Saudi Arabia gathers over 350 exhibitors from around the globe, offering a prime venue for networking, business growth,...