Saudi Business News

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...

Over 200 Chinese firms to attend business event in Saudi Arabia amid growing trade ties Chinese companies are set to...

Saudi Arabia is experiencing a surge in mergers and acquisitions (M&A) activity as the country's economic reforms gain momentum. The...

Investors with diplomatic or special passports in Saudi Arabia will no longer have to pay business visit visa fees, according...

Pakistan has signed agreements with Saudi companies to strengthen collaboration and facilitate the recruitment of Pakistani workers and professionals for...

Saudi Arabia Raises $11 Billion Through Syndicated Loan to Fund Budget Deficit Saudi Arabia has secured a syndicated loan of...

Algeria and Saudi Arabia Strengthen Trade Ties with 8 Deals Trade, investment, and tourism ties between Algeria and Saudi Arabia...

Saudi Arabia has been selected to host the World Energy Conference in 2026, as announced by the World Energy Council...

The America’s Cup 37 (AC37) is set to begin in Jeddah, Saudi Arabia next week. The tournament will take place...

Saudi Arabia Invites Businesses to Apply for Hajj License Saudi Arabia's Ministry of Hajj and Umrah is inviting businesses to...

Egypt and Saudi Arabia are set to sign agreements amounting to $1.5 billion at the forthcoming Egyptian-Saudi Business Forum in...

Innovation plays a crucial role in driving the energy transition towards a greener future. From advancements in wind and solar...

As the Kingdom of Saudi Arabia (KSA) undergoes a dynamic transformation, there is a significant increase in the number of...

China and Saudi Arabia have signed a currency swap agreement worth approximately $7 billion, signaling another move in the global...

Saudi Arabia Discovers New Glow-in-the-Dark Scorpions A new kind of scorpion has been discovered in Saudi Arabia. The National Centre...

Saudi Arabia Urges Businesses to Pay Tax Bills or Face Fines Saudi Arabia has issued a warning to businesses, urging...

Saudi Arabia is planning significant reforms to its income tax laws through amendments to the 'Income Tax Law'. The country's...

Global real estate advisor CBRE has announced the appointment of Elias Bou Habib as Head of Consulting - Saudi Arabia....

Saudi Arabia has made significant discoveries in its natural gas sector. The Minister of Energy, Prince Abdulaziz bin Salman bin...

The Future of Saudi Arabia in Africa: A Strategic Vision The first Saudi Arabia-Africa summit was recently held in Riyadh,...

RIYADH: Business ties between Saudi Arabia and Australia are set to gain momentum following the signing of a significant building...

Saudia and Riyadh Air have recently signed a Strategic Cooperation Memorandum of Understanding (MOU) to enhance their partnership and offer...

Saudi Arabia and Ivory Coast have signed a memorandum of understanding to establish the Saudi-Ivorian Business Council. The agreement was...

Saudi Arabia's Investment in Lucid Motors Faces Significant Drop in Value Saudi Arabia's sovereign fund, Public Investment Fund (PIF), holds...

As venture funding in the U.S. declines, some biotechnology startups are turning to investors from Saudi Arabia. Middle Eastern countries,...

State-owned construction company NBCC is looking to expand its business opportunities in Saudi Arabia. The company, a Navratna PSU, stated...

Foreign investors looking to enter the maritime industry in Saudi Arabia are advised to carefully review the country's investment rules...

Top oil exporters Saudi Arabia and Russia have announced that they will continue with their additional voluntary oil output cuts...

Growth in non-oil business activity in Saudi Arabia accelerated for a second consecutive month in October, according to a survey....