Saudi Business News

Saudi Arabia continues to strengthen its presence in the debt market, raising SR2.64 billion ($704 million) through sukuk issuances in...

TBS Holding from Egypt has formed a strategic alliance with Saudi-based Shahia Investments to expand their reach in Saudi Arabia...

Saudi Arabia has received a credit rating upgrade to A+ with a stable outlook, reflecting progress in economic reforms and...

Saudi Arabia’s credit rating has been upgraded to A+ by a leading global ratings agency, reflecting progress in the nation’s...

Pokemon GO, launched in 2016, transformed mobile gaming by encouraging players to explore real-world locations in search of virtual creatures....

Saudi Arabia is actively working to reduce its reliance on oil by advancing its Vision 2030 strategy, which aims to...

Saudi Arabia’s credit rating has been upgraded by S&P Global Ratings, reflecting progress in the kingdom’s efforts to reduce its...

Al Waha: Enhancing Saudi Arabia's Travel Retail Sector Saudi Arabia's Public Investment Fund (PIF) has launched Al Waha, a company...

Saudi Arabia is reportedly planning to establish a substantial $40 billion fund dedicated to artificial intelligence investments. This initiative, as...

Confluent Partners with sccc by stc for Data Streaming in Saudi Arabia Confluent has formed its first managed service provider...

Saudi Arabia's MDLBEAST is set to redefine the Middle East's music scene with a fresh festival concept and a series...

Taiba Investments, a prominent hospitality group in Saudi Arabia, has appointed Jummar as its communications and public relations consultant. Established...

PwC, a leading global accounting firm, is actively seeking to restore its relationship with Saudi Arabia and its sovereign wealth...

Satellite images reveal progress on Saudi Arabia's Neom project, showcasing a grand palace likely belonging to Crown Prince Mohammed bin...

Saudi Arabia recently hosted a delegation of 40 companies from Central Asia to enhance cross-border investment and trade partnerships. Organized...

The recent mission to Saudi Arabia involved high-level discussions aimed at enhancing business and trade opportunities. In Jeddah, the delegation...

Saudi Arabia's Capital Markets Experience Robust Growth with $274 Billion Raised Saudi Arabia's capital markets have seen remarkable expansion, raising...

Business jet flights have surged, reaching 23,612 in 2024, a significant increase from 19,000 in 2023. Domestic flights climbed by...

Saudi Arabia is actively seeking mining partnerships to secure essential minerals for industrial expansion, aligning with global consolidation trends. At...

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At the World Economic Forum 2025, Saudi Arabia emphasized the necessity for global cooperation to address the world's fragmentation. Prince...

Saudi Arabia's Non-Oil Economy Surges, Defying IMF Projections At the World Economic Forum in Davos, Saudi Arabia's finance minister, Mohammed...

Salesforce is set to expand its operations in Saudi Arabia by opening a regional headquarters in Riyadh. This move includes...

The Public Investment Fund (PIF) of Saudi Arabia has introduced a $4 billion bond offering, as reported by Arab News....

Saudi Arabia's non-oil exports experienced a significant increase of 19.7% in November, reaching SR26.92 billion ($7.18 billion), highlighting efforts to...

Saudi Arabia is ambitiously targeting 70 million tourists annually by 2030, striving to become one of the world's top seven...

The World Economic Forum (WEF) Annual Meeting 2025 in Davos showcased Saudi Arabia's strategic growth plans, as outlined by the...

Saudi Arabia's strategic vision for future growth was a focal point at the World Economic Forum in Davos. Economy and...

Saudi Arabia's Derayah Financial has announced plans to launch an initial public offering (IPO) on Riyadh's main market, marking the...

Saudi Arabia is gearing up for another initial public offering (IPO) with Derayah Financial Company planning to offer 20% of...

Saudi Arabia's Ambitious Mining Vision Saudi Arabia is ambitiously working to establish itself as a major hub for metals and...

Saudi Arabia's Mining Ambitions Face Investor Doubts Saudi Arabia is striving to establish a significant metals and mining hub, yet...

At the World Economic Forum in Davos, Commerce Minister Dr. Majid Al-Kassabi announced that Saudi Arabia's trade in services reached...

Investment Milestone Saudi Arabia is making significant strides in its economic goals, surpassing expectations for investment in its primary economy....

Saudi Arabia is investing over $500 billion in sustainable and innovative tourism projects, as highlighted by Tourism Minister Ahmed Al-Khateeb...

Saudi Arabia's Crown Prince Mohammed bin Salman has expressed intentions to enhance the kingdom's economic ties with the United States....

Saudi Arabia's Non-Oil Economic Growth Exceeds Expectations During the World Economic Forum in Davos, Saudi Arabia's finance minister, Mohammed Al-Jadaan,...

Saudi Arabia's Economic Diversification Surpasses Expectations at World Economic Forum Saudi Arabia's finance minister, Mohammed Al-Jadaan, addressed the World Economic...

Saudi Arabia's Economic Growth Surpasses Expectations Saudi Arabia's finance minister, Mohammed Al-Jadaan, addressed the World Economic Forum, emphasizing that the...

Vision 2030 Drives Saudi Real Estate Growth Saudi Arabia's real estate sector is witnessing significant changes under the Vision 2030...

Saudi Arabia's Public Investment Fund (PIF) is actively pursuing strategies to finance its Vision 2030 initiative. This includes issuing US...

Saudi Arabia's digital security firm, Elm Company, has announced its acquisition of Thiqah, a business services firm, from the Public...

Saudi Arabia is emerging as a leader in the global gaming and esports arena, driven by strategic investments and a...

Saudi Prince's Firm Avoids Crypto Investments Kingdom Holding, led by Saudi Prince Alwaleed Bin Talal, has decided against investing in...

At the World Economic Forum in Davos, Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, highlighted the nation's success in achieving a...

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The business jet sector in Saudi Arabia experienced a remarkable 24% increase in flight volumes in 2024, according to the...

The Tadawul All Share Index in Saudi Arabia experienced a slight dip, decreasing by 0.06% to close at 12,362.39. Trading...

Saudi Arabia reported a record 30 million foreign tourists last year, driven by significant investments in hotels, luxury projects, and...

Saudi Arabia's crude oil production saw a modest increase of 1.21% in November, reaching 8.92 million barrels per day, according...

The Saudi Zakat, Tax, and Customs Authority (ZATCA), in partnership with the National Centre for Privatisation & PPP (NCP), has...

Saudi Prince Alwaleed Bin Talal's Kingdom Holding Company (KHC) is considering investing in TikTok if it becomes available for purchase....

Talent 360, a prominent HR solutions provider, has successfully secured a significant investment from C.STAR, a key player in Saudi...

Canadian companies are increasingly interested in investing in Saudi Arabia's healthcare sector, with 40 firms considering opportunities as economic ties...

Saudi Arabia Home Furniture Market Overview The Saudi Arabia home furniture market is experiencing significant growth, driven by economic development,...

In Saudi Arabia, education spending soared by 91.5% to SR220.76 million ($58.8 million) as students returned to school following the...

Saudi Arabia's Elm, a digital solutions firm, has announced its acquisition of Thiqah Business Services Co. from the Public Investment...

Saudi Arabia's non-oil economy is projected to grow significantly, with rates of 4.8% in 2025 and 6.2% in 2026. This...

Saudi Arabia and Palestine have agreed to form the inaugural Saudi-Palestinian Business Council to boost trade and investment between the...

At the World Economic Forum in Davos, Switzerland, Finance Minister HE Ali bin Ahmed Al Kuwari engaged in discussions with...