Saudi Business News

In a significant display of industrial expansion, Saudi Arabia's industrial cities have seen an influx of nearly 95 billion Saudi...

In a move set to bolster the luxury hospitality and residential sectors in Saudi Arabia, KUN Investment Holding has teamed...

In a strategic move that supports Saudi Arabia's industrial ambitions, HIMA Group, a leading independent provider of safety-related automation solutions,...

A strategic alliance has been formed between Qvest, renowned for its media-centric solutions, and SRMG, to create a joint venture...

With 40% of its populace being expatriates, Saudi Arabia is reinforcing its efforts to draw in talent and investments by...

In the heart of Saudi Arabia, the ambitious NEOM project, valued at $500 billion, has recently revealed its latest high-end...

In a significant economic upswing, the United Arab Emirates and Saudi Arabia were at the helm of substantial profitability in...

The upcoming World Economic Forum (WEF) Annual Meeting in Davos, taking place from January 15 to 19, 2024, has chosen...

In a pivotal move within the Kingdom of Saudi Arabia, a prominent real estate firm and an electric vehicle (EV)...

The Kingdom of Saudi Arabia has taken a significant step forward in enhancing its energy, mining, industrial, and logistics sectors...

The Saudi capital of Riyadh is poised to become a hub for the latest in property trends, focusing on innovative...

Riyadh to Host Global Milestone Event: Expo 2030 After winning the bid to host Expo 2030, Saudi Arabia's Minister of...

During the prominent Future Minerals Forum held in Riyadh, a pivotal partnership was forged between the National Industrial Development and...

In a significant move to bolster international relations within the mineral sector, Saudi Arabia's Ministry of Industry and Mineral Resources...

During a recent international mining conference in Riyadh, Saudi Arabia's Minister of State for Foreign Affairs, Adel bin Ahmed Al-Jubeir,...

The grand vision for a luxurious mountain retreat, named Aquellum, was recently revealed by the team behind the ambitious NEOM...

During a prominent industry event in Riyadh, the Public Investment Fund (PIF) Governor Yasir Al-Rumayyan conveyed Saudi Arabia's plans to...

In a significant move to foster the growth of electric vehicle (EV) use in Saudi Arabia, ROSHN Group, a premier...

In a strategic move to diversify its economy and enhance its mining sector, Saudi Arabia has established several memorandums of...

Saudi Arabia has introduced five additional offerings to its premium residency program, an initiative designed to attract international professionals and...

In the burgeoning northwest region of Saudi Arabia, NEOM's Board of Directors has unveiled their latest project, Aquellum, a high-end...

In a move poised to invigorate commercial relations, the Federation of Saudi Chambers has entered into a strategic partnership with...

Forecasts by the World Bank indicate that Saudi Arabia and the UAE are poised to drive economic growth within the...

Riyadh is set to host the third annual International Mining and Resources Conference (IMARC) ministerial roundtable, an exclusive gathering of...

A new economic chapter has been initiated as Saudi Arabia and Belarus inked a Memorandum of Understanding (MoU) on Monday,...

In a significant milestone, Saudi Arabia has emerged as the leader in venture capital (VC) investments within the Middle East...

On Monday, the oil market witnessed a significant downturn, with prices dropping by more than 3 percent. This decline was...

In a significant development within Saudi Arabia's business media sector, the Saudi Electricity Company (SEC) along with its affiliate National...

In a strategic move to strengthen economic collaboration, Saudi Arabia and Belarus have initiated a new partnership through a memorandum...

Saudi Arabia has emerged as the premier destination for venture capital investment within the Middle East and North Africa (MENA)...

Microsoft has recently made a significant leadership change by naming Turki Badhris as the President of Microsoft Arabia. In this...

The Kingdom of Saudi Arabia has proudly positioned itself at the forefront of venture capital investment within the Middle East...

The mining sector in Saudi Arabia is set to experience a considerable advancement as the Saline Water Conversion Corp. (SWCC)...

The Kingdom of Saudi Arabia has announced a considerable reduction in the cost of its premier Arab Light crude oil...

The Ministry of Energy in Saudi Arabia and the futuristic city project NEOM have established a partnership aimed at injecting...

Sohar International is on the brink of a substantial leap forward with the approval from the Saudi Central Bank (SAMA)...

The recent discovery of substantial gold reserves by the Saudi Arabian Mining Company (Ma'aden) could position Saudi Arabia as an...

Riyadh's Industrial Ambitions: A Leap into Advanced Manufacturing As Saudi Arabia embarks on a transformative journey to enhance its industrial...

The Kingdom of Saudi Arabia is gearing up for Expo 2030 with a promise to highlight advancements in digital innovation,...

At the close of 2023, Saudi Arabia affirmed its status as a primary hub for venture capital in the Middle...

The Kingdom of Saudi Arabia (KSA) is on the verge of a significant development in its financial sector, with plans...

The commercial landscape in Madinah has witnessed a modest uptick in its electronic commerce activities, as indicated by the latest...

The Saudi Arabian realm of educational technology, or EduTech, has emerged as a vibrant and lucrative arena for investment. With...

In a bold move to strengthen its position as a regional business hub, Saudi Arabia has instituted a policy requiring...

Saudi Arabia is undergoing a remarkable economic metamorphosis, moving away from its traditional reliance on oil towards a more diverse...

The industrial landscape in Saudi Arabia has displayed a promising uptick, with investment levels experiencing a 1.5% quarter-over-quarter increase, reaching...

The Saudi Real Estate Refinance Company (SRC), which operates under the umbrella of the country's sovereign wealth fund, the Public...

Pizza Inn, the Dallas-based pizza buffet chain, is poised to expand its international footprint with a significant foray into the...

In November 2023, Japan saw a significant rise in crude oil imports from Saudi Arabia, which accounted for 42.7% of...

The Saudi Ministry of Commerce has released a report detailing the progress and expansion of the business sector in the...

In an effort to bolster the development of small and medium-sized enterprises (SMEs), Saudi Arabia's Ministry of Industry and Mineral...

In recent developments, the non-oil sector of Saudi Arabia has shown significant growth, driven by a surge in new orders,...

Riyadh's Ambitious Energy Projects: A Push for Sustainability The Saudi Power Procurement Company (SPPC) has initiated a call for tenders...

The non-oil segment of Saudi Arabia's economy displayed its most rapid pace of sales growth since July of the previous...

The custodians of the Grand Mosque in Makkah, a central place of worship in Islam, have recently modernized the pilgrimage...

The General Authority for the Affairs of the Two Holy Mosques has adopted sophisticated artificial intelligence (AI) solutions and various...

A tech enterprise based in Saudi Arabia, Naseej for Technology, has successfully secured a contract with the kingdom's Ministry of...

Starting from January 15, Saudi Arabia has made it obligatory for all residential rent payments to be processed exclusively through...

In a significant financial development, the Saudi Arabian Embassy in Amman, in collaboration with Jordan's Ministry of Planning and International...

Anticipations for Saudi Arabia's economy remain upbeat for the coming year, driven by a surge in consumer spending and robust...