Saudi Business News

The Sports Boulevard Foundation (SBF) has established a pioneering alliance with Ajdan real estate development company and Albilad Capital, unveiling...

Expanding their longstanding global technology partnership, KPMG and Microsoft have initiated a new Center for Emerging Technologies in Saudi Arabia....

The National Debt Management Center (NDMC) has successfully completed the December 2023 issuance under the Saudi Arabian Government's SAR-denominated Sukuk...

In a recent collaborative effort, the Minister of Economy and Planning of Saudi Arabia, Faisal bin Fadhil Alibrahim, engaged in...

A group of approximately 30 officials from 20 Saudi government bodies are currently attending an intensive workshop in Vienna. The...

Saudi Arabia Introduces New Rules to Regulate Buy Now, Pay Later Sector Saudi Arabia, the Arab world’s largest economy, has...

Saudi Arabia's EVIQ to Install 5,000 Electric Vehicle Charging Points EVIQ, the Electric Vehicle Infrastructure Company, a joint venture between...

Jotun, the global leading paint and coating manufacturers, has opened a new office in the prestigious King Abdullah Financial District...

The UAE-based eco-friendly mobility startup, Wize, is set to expand into Saudi Arabia after successfully closing a substantial pre-seed funding...

The Union Cabinet has given its approval to four memoranda of understanding (MoUs) on digital technology with Saudi Arabia, the...

The Union Cabinet has approved two technological cooperation agreements signed separately with Tanzania and Saudi Arabia, according to an official...

What’s new: A U.S.-backed fund manager is seeking regulatory approval for what may become the first mutual fund available to...

Saudi Arabia’s Public Investment Fund (PIF) is engaged in advanced negotiations to finance a second Indian Premier League (IPL) that...

The co-located DATE AI Show and DATE Fintech Show at the JW Marriot Hotel Riyadh have successfully showcased the Kingdom...

Saudi Arabia is planning to construct a mixed-use gaming and e-sports district as part of its Qiddiya City entertainment project....

Global real estate advisor CBRE has officially opened its new office in Riyadh, Saudi Arabia. The company has been serving...

Diriyah Company, the developer behind the transformation of Saudi Arabia's historic district into a major tourism project, is selling luxury...

Diriyah Company, the developer behind the transformation of Saudi Arabia's historic district into a major tourism project, is set to...

Saudi Arabia's Minister of Communications and Information Technology, Abdullah Al-Swaha, recently held a meeting with a delegation from the Executive...

Investments in the aquaculture sector between Saudi Arabia and China are set to grow as discussions took place at the...

Investments in the aquaculture sector between Saudi Arabia and China are set to grow, as representatives from Saudi Arabia’s Ministry...

The International Monetary Fund (IMF) has announced that the Kingdom of Saudi Arabia will chair the International Monetary and Financial...

Saudi Minister of Finance to Chair International Monetary and Financial Committee Saudi Arabia's Minister of Finance, Mohammed Al-Jadaan, has been...

Saudi Arabia is not only focused on advancing its economy but also aims to attract global talent, according to the...

Oman's residential real estate market has witnessed a significant surge, with residential land prices leading the way. According to the...

Saudi Energy Minister Prince Abdulaziz bin Salman has voiced his support for the final deal reached at COP28, which signals...

A representative for Saudi Arabia at the COP28 summit has expressed support for the deal reached during the conference. However,...

HD Hyundai Vice Chairman Chung Ki-sun recently held a meeting with the Saudi Arabian Minister of Industry and Mineral Resources...

As the landmark 20th edition of the International Property Show (IPS) 2024 draws near, global investors are turning their attention...

Exclusive | Climate change: Saudi Aramco and Chinese partner soon to fire up hydrogen-conversion pilot plant, technology head says Oil...

Pune, India, Dec. 12, 2023 (GLOBE NEWSWIRE) -- The Saudi Arabia Facility Management Market is projected to reach USD 43.48...

SBJ's Most Influential People in Sports Business for 2023 highlights Yasir Al-Rumayyan, the governor of Saudi Arabia's Public Investment Fund...

Saudi Arabia's non-oil activities increased by 3.5 percent in the third quarter of 2023, compared to the same period of...

Saudi Arabia has witnessed a significant increase in industrial licenses granted in the third quarter, with a surge of 83.9%...

By any measure, the recent Future Investment Initiative (FII) conference in Riyadh was a success. It attracted 6,000 guests from...

The CEO of Saudi Arabia's largest chemicals producer, Abdulrahman Al-Fageeh, has cautioned that the industry is likely to face another...

Qiddiya, one of Saudi Arabia's five giga projects, recently revealed the details of its ambitious development. The first phase of...

Business The Kingdom could become the majority owner of Heathrow Airport. Saudi Arabia could potentially take control of Heathrow Airport...

Saudi Arabia is poised to become the majority owner of London Heathrow, the UK's largest airport, as other investors mull...

Saudi fintech startup Jeel Pay has obtained a permit from the Saudi Central Bank (SAMA) to provide buy-now-pay-later (BNPL) solutions....

Key initiatives in Saudi Arabia and China will soon be exposed to extensive promotional efforts thanks to the close partnership...

Neom Launches Topian to Achieve Food Security Goals Date palms in Wadi Sharma, Neom. Photo: Neom Neom, the $500 billion...

Saudi Arabia's National Debt Management Center (NDMC) has successfully secured a syndicated loan of $11 billion as part of the...

Saudi Arabia has been ranked among the top 20 countries in the 2023 Circular Carbon Economy Index, according to the...

Saudi Arabia is reportedly poised to gain majority control of London Heathrow Airport, which is Europe's busiest airport. According to...

Saudi Arabia is reportedly poised to gain majority control of London Heathrow Airport, Europe's busiest airport. Several shareholders are considering...

FC Shakhtar Donetsk, a regular participant in the UEFA Champions League, has not played a game at home in Ukraine...

US oil production is expected to continue its rapid growth and could reach a new high of 13.3 million barrels...

OPEC Losing Control as US Supply Booms, Threatening Oil Prices Longest decline in oil prices in years as OPEC struggles...

Northern Trust Corp. has become one of the first major global financial institutions to set up its regional headquarters in...

Neom, located in northwestern Saudi Arabia, is emerging as a leading production and creative hub in the country's business media...

MBC Group, the Middle East's largest broadcaster, has received overwhelming demand for its initial public offering (IPO) in Saudi Arabia....

Saudi Arabia is poised to become the leader in IT services spending in the Middle East and Africa region, according...

Several major countries have announced their commitment to using carbon "capture" or "storage" technologies as realistic solutions to combat climate...

Vedanta, a metal and mining giant, announced that its subsidiary, Malco Energy Ltd, has incorporated a new wholly-owned subsidiary named...

Fifty oil companies, responsible for almost half of global production, have made a commitment to achieve near-zero methane emissions and...

Here's a roundup of key developments across the OIC ecosystem during the first week of December. Leading the pack is...

Contrary to popular belief, the world’s most profitable company in 2023 is not a tech giant like Apple Inc. or...

Expanding Business in Saudi Arabia: A Comprehensive Guide for Entrepreneurs As Saudi Arabia undergoes immense transformations under Vision 2030, it...

A unit of Saudi Arabia’s Public Investment Fund (PIF) is boosting its investment in a technology venture with China’s Alibaba...