Saudi Business News

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...

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...