Saudi Business News

Hong Kong’s leader has hosted Saudi Arabian elites for an investment conference, demonstrating the city's willingness to embrace new business...

Sir Rocco Forte, the founder of Rocco Forte Hotels, is planning a trip to Saudi Arabia next year to explore...

Saudi Arabia Expands Business Visit Visa for Investors Effective immediately, Saudi Arabia has expanded the Business Visit Visa for investors...

Indonesia is introducing a wide range of its national products to the Saudi market through shops established across the Kingdom,...

Saudi Arabia is embarking on the ambitious Neom development project, which includes creating a zero-carbon region called The Line. As...

Saudi Arabia: Closing the Net-Zero Innovation Gap At COP28, the focus is on limiting global temperature rise. While strategies for...

For the first time, Hong Kong's leader has welcomed Saudi Arabian elites to the city for an investment conference, showcasing...

Saudi Arabia is feeling the impact of the US oil boom, leading to a reduction in oil prices to Asia...

Saudi Arabia Offers 30-Year Tax Exemption to Attract Foreign Companies Saudi Arabia has introduced a 30-year tax exemption package for...

Saudi Arabia is offering a 30-year tax break to multinational companies that establish their regional headquarters in the country, as...

Saudi Arabia may wage a "market share war" against the US and flood oil markets with supply, according to energy...

Saudi Arabia has announced tax incentives for foreign companies that choose to establish their regional headquarters in the country. The...

Saudi Arabia has announced that it will provide tax incentives for foreign companies that establish their regional headquarters in the...

The Trade Promotion Organization (TPO) of Iran, in collaboration with the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA),...

Saudi Arabia's Public Investment Fund (PIF) has purchased a 49% stake in Rocco Forte Hotels, a luxury hotel group owned...

Monday is finance day at COP28, where additional funding for the climate cause is expected to be announced. This follows...

Experts attending the UN Climate Change Conference in Dubai have shed light on the positive role played by the private...

Plans afoot for new facility to produce low-carbon chemicals, says Saudi energy minister The Saudi energy minister, Prince Abdulaziz bin...

Dell Technologies recently hosted a forum in Saudi Arabia with the aim of empowering organizations in the Kingdom to seize...

Saudi Arabia's General Authority of Civil Aviation (GACA) has revealed plans to invest $100 million in order to further enhance...

Saudi Arabia's National Cybersecurity Authority (NCA) has unveiled its second package of cybersecurity tools as part of its strategic initiative...

Saudi Arabia's Tadawul All Share Index rose by 0.37 percent, gaining 41.54 points to close at 11,219.02. The benchmark index...

Saudi Arabia has issued a final tax warning to businesses, urging them to pay their tax bills before the end...

Startup Wrap – Saudi Arabia’s venture landscape receives influx of expanding startups Saudi Arabia’s entrepreneurial space is experiencing significant growth,...

Saudi Arabia has been selected as the host country for the final stage of the Asian Football Confederation (AFC) Champions...

Venus Remedies Limited has obtained regulatory approval for the sale of Paclitaxel 100mg/16.7ml and Zoledronic Acid 4mg in the Philippines,...

Pakistan and Saudi Arabia have come to an agreement on the investment modalities, marking a significant step towards the ratification...

A conference aimed at promoting economic opportunities for American firms in Saudi Arabia is set to take place in New...

Food, beverage, and hospitality exhibition Saudi HORECA 2023 recently held its successful 12th edition from November 27-29 at the Riyadh...

Saudi Arabia has been selected as the host country for the 21st General Conference of the United Nations Industrial Development...

Just weeks before the Red Sea Film Festival in Jeddah, a new regional distributor and sales operation has been launched...

Japan's Foreign Ministry press secretary, Kobayashi-Terada Maki, emphasized the importance of maintaining close partnerships with countries like Saudi Arabia and...

TOKYO: Japan's imports of Saudi crude oil remained strong in October, reaching 30.37 million barrels, which accounted for 42.4 percent...

The Kingdom of Saudi Arabia has been making significant investments in various sectors, including sports and entertainment. One of the...

Saudi Arabia NEOM Investment Fund (NIF) has announced its acquisition of a 6% stake in Technogym, the Italian fitness equipment...

Saudi Arabia has made significant investments in its navy in recent years, acquiring advanced warships and demonstrating a growing willingness...

Several OPEC+ countries have agreed to implement voluntary oil production cuts totaling 2.2 million barrels per day in the first...

Singaporean Businesses Seek Opportunities in Saudi Arabia Singaporean businesses are aiming to benefit from increased cooperation with Saudi Arabia following...

Report Ocean has released a comprehensive analysis of the Saudi Arabia Edible Oils Market. The report provides valuable insights into...

OPEC+ members, including Saudi Arabia, UAE, Kuwait, and Oman, have reached an agreement to voluntarily reduce oil output in the...

Saudi Arabia has announced an extension of its oil production cut as previous reductions by the OPEC+ alliance failed to...

RIYADH: Saudi Arabia Railways and Al-Jabr Automotive have joined forces to transport thousands of vehicles annually by train from King...

Saudi Arabia's Public Investment Fund (PIF) is teaming up with asset management firm Patria Investments to invest in a $1.2bn...

Saudi Arabia's Acwa Power is developing a financing strategy for sustainable infrastructure projects in Africa, according to its CEO, Marco...

Study Shows Majority of Saudis Visit Entertainment Venues Saudi entertainment and culture venues attracted the vast majority of the population...

J&F, the parent company of JBS SA, is considering new investments in Saudi Arabia as part of efforts to strengthen...

Saudi Arabia Military Industries (SAMI) and Embraer, the Brazilian defense giant, have announced plans to collaborate in the defense and...

Flynas and Eve Air Mobility Partner to Launch Flying Taxis in Saudi Arabia Saudi Arabia has taken a step closer...

Corporate and business tourism has played a significant role in supporting the strong performance of Saudi Arabia's hospitality sector in...

CSOP Asset Management Limited (CSOP) has announced the listing of CSOP Saudi Arabia ETF, the first exchange traded product in...

Saudi Arabia is poised to undertake a grandiose venture, connecting its eastern and western coasts through an extensive terrestrial bridge....

Recent studies have revealed a notable trend in Saudi Arabia: 58% of consumers are planning to purchase electric vehicles! This...

Saudi Arabia has witnessed a significant increase in the number of newly established small and medium-sized enterprises (SMEs) since the...

CAIRO: With an objective to host 525 fintech companies by 2030, Saudi Arabia has emerged as a prime destination for...

LuLu Hypermarket, one of Saudi Arabia's favorite shopping destinations, is gearing up for a 36-day celebration to mark its 14th...

Saudi Arabia's Northern Regions Hold $320 Billion in Mineral Wealth Saudi Arabia's Northern Borders Region has a staggering SR1.2tn ($320bn)...

China has maintained its position as Saudi Arabia's primary trading partner in September, continuing to dominate both imports and exports....

SEVEN, a subsidiary of the Public Investment Fund (PIF), has announced the opening of its fifth entertainment destination in Saudi...

RIYADH: The number of small and medium enterprises (SMEs) in Saudi Arabia has reached 1.27 million by the end of...