Saudi Business News

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...

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...