Saudi Business News

The GCC region saw a notable increase in Islamic debt issuances in 2024, driven by Qatar and Saudi Arabia, according...

The Saudi-Japanese Joint Business Council recently convened in Riyadh, with notable attendees including Saudi Minister of Investment Khalid Al-Falih and...

Investor optimism and improved regulatory frameworks are set to drive Saudi Arabia's IPO market in 2025, according to industry experts....

The Saudi government has earmarked SR10 billion for the Standard Incentives Program aimed at boosting the industrial sector. This move,...

Saudi Gazette Report RIYADH — The initiative to relocate regional headquarters of global companies to Saudi Arabia is advancing successfully,...

Saudi University Advances Research in Defense, AI, and Nuclear Technologies In a significant move, King Fahd University of Petroleum and...

A Qatari delegation led by Finance Minister Ali bin Ahmed al-Kuwari recently took part in the Islamic Development Bank (IsDB)...

Saudi Arabia is poised for growth in its entertainment sector, driven by initiatives to support 32 startups and foster innovation....

Saudi Arabia Introduces Incentive Program for Industrial Investment Saudi Arabia is launching a SR10 billion ($2.66 billion) incentive initiative to...

Falak Angels, a Saudi angel investment network, has teamed up with Kassim Legal, a law firm specializing in startups, to...

The video game industry in Saudi Arabia is rapidly growing and is expected to significantly contribute to the Kingdom's economic...

Saudi Arabia's Capital Market Authority (CMA) has announced its strategic plan for 2024-2026, aiming to advance the Kingdom's financial market...

Saudi Arabia's venture capital scene is off to a strong start in 2025, maintaining its lead in the region. Zension...

Faisal Al-Ibrahim, the Minister of Economy and Planning, highlighted the 6% growth in non-oil activities over the past three years,...

Saudi Aramco has announced an increase in crude oil prices for Asian markets starting February, marking the first rise in...

BRANDVOICE is a commercially supported content program. The recent COP29 in Baku highlighted the challenges of the global energy transition....

Lenovo Group is set to open a significant PC and server assembly plant in Saudi Arabia, marking a strategic expansion...

Lenovo has announced a significant partnership with Saudi Arabia's Alat to establish a sustainable manufacturing facility, aligning with the Kingdom's...

Saudi Arabia's Public Investment Fund (PIF) is projected to become the world's second-largest sovereign wealth fund by 2030, managing assets...

Forty-six deep-tech startups recently graduated from the Venture Program at the King Abdulaziz City for Science and Technology (KACST) in...

Saudi Arabia Railways (SAR) has engaged Swiss design firm Nose Design Experience to develop its new inter-city trainsets. This collaboration...

Technological Skills on the Rise in Saudi Workforce Technological advancements, economic shifts, and geopolitical factors are reshaping the global job...

Saudi Arabia Eyes New Boxing League with TKO Partnership Saudi Arabia, already a major investor in boxing, is planning to...

Lloyd’s Register (LR) has secured a contract with the Saudi General Ports Authority (Mawani) to enhance management systems and prepare...

Saudi Arabia is positioning itself as a global leader in quantum technology, aligning with its Vision 2030 goals of technological...

Saudi Arabia plans to address its funding needs of approximately 139 billion riyals ($37.02 billion) for 2025, as outlined by...

Saudi Arabia has emerged as the foremost hub for venture capital in the Middle East and North Africa (MENA), securing...

Saudi Arabia is experiencing a significant rise in mergers and acquisitions, with a 17.4% increase in approvals, highlighting efforts to...

Saudi Arabia has dramatically increased its investment licenses, issuing over 36,000, a five-fold rise since the Vision 2030 initiative began....

Lucid Motors Joins 'Made in Saudi' Initiative Lucid Motors, a leading electric vehicle manufacturer, is the first global automotive company...

Saudi Arabia's deep tech startup scene is booming, with nearly half focusing on artificial intelligence and the Internet of Things....

Saudi Arabia has successfully issued a $12 billion bond as part of its Global Medium-Term Note Issuance Program, attracting significant...

Saudi Arabia has kicked off 2025 with significant borrowing to support its ambitious economic transformation goals. The kingdom issued $12...

Saudi Aramco, the leading global oil exporter, has increased its crude prices for Asian markets for February. This marks the...

Saudi Arabia's financial strategy for 2025 involves securing approximately 139 billion riyals ($37.02 billion) in funds. This plan has been...

Saudi Arabia's non-oil business sector experienced robust growth in December, despite a slight slowdown from the previous month. A recent...

Saudi Arabia has made significant strides in its digital transformation, emerging as a leader in technology and innovation. Under Vision...

Saudi Arabia's digital transformation reached new heights in 2024, establishing its leadership in global technology and innovation. Driven by Vision...

Significant developments in Saudi Arabia's poultry industry are underway, promising substantial growth and environmental advancements. A major water company has...

Saudi Arabia's Vision 2030 gained momentum in 2024 through strategic partnerships across various industries, boosting its global economic stature. These...

Saudi Arabia and Türkiye are in talks over a potential purchase of 100 Kaan fifth-generation fighter jets, as negotiations took...

Saudi Arabia Unveils New Business Registration and Trade Name Laws Saudi Arabia has introduced new legislation aimed at simplifying the...

UN Trade and Development's Empretec program is enhancing support for Saudi entrepreneurs through two new initiatives: FintechHub and LogiHub. These...

Databricks, a leader in data and AI solutions, has expanded into Saudi Arabia, marking a significant step in its global...

Advancements in wearable technology are enabling longer, healthier, and more meaningful lives, marking the onset of a global "longevity revolution."...

Saudi Arabia's economic forecast for 2025 anticipates significant growth, with GDP expected to rise by 3.7% annually, surpassing the global...

State Street Corporation has named Majed Al Hassoun as the country head for Saudi Arabia and Bahrain. Al Hassoun will...

Gaoming Technology Co. Ltd., a Chinese firm, showcased its cutting-edge solar-powered greenhouses in Riyadh at a UN conference addressing land...

Ellucian Teams Up with Naseej to Boost Cloud Adoption in Saudi Higher Education Ellucian, a leader in higher education technology,...

Saudi Arabia's technology sector has rapidly evolved since the launch of Vision 2030, aiming to boost the tech sector's GDP...

Apple has announced a significant expansion in Saudi Arabia, beginning with the launch of its online store in summer 2025....

Microsoft has achieved a significant milestone by completing the construction of three Azure availability zones in Saudi Arabia. This development...

Saudi Aramco, the world's largest oil producer, is not only a leader in profitability but also a key player in...

A significant agreement was reached in Riyadh during the visit of French President Emmanuel Macron to Saudi Arabia. The consortium...

Riyadh – During the French President Emmanuel Macron's visit to Saudi Arabia, a significant energy agreement was signed. TotalEnergies and...

Saudi Arabia is seeing a surge in Chinese exports and investments, especially in green technology, marking a shift from a...

Saudi Arabia is channeling significant resources into green innovation, aiming to transform its arid landscapes. However, concerns about potential greenwashing...

Saudi Arabia has made significant strides in entrepreneurship, ranking third in the Global Entrepreneurship Monitor for 2023-2024. The National Entrepreneurship...

Saudi Arabia is working to shift its economy away from oil through its Vision 2030 initiative. A key part of...

Saudi Arabia is prioritizing technology investments as a key part of its economic strategy. The kingdom aims to enhance its...