Saudi Business News

The Saudi and Omani Finance Ministers, Mohammed Aljadaan and Sultan bin Salem Al-Habsi, have signed a Memorandum of Understanding (MoU)...

Ivanhoe Electric Inc., in collaboration with Saudi Arabian Mining Company Ma'aden, has reported promising initial results from its joint venture...

The Saudi Minister of Finance, Mohammed Aljadaan, took part in the Islamic Development Bank Group's Board of Governors’ retreat at...

Public Investment Fund Acquires 23% of Saudi Re to Boost Insurance Sector The Public Investment Fund (PIF) of Saudi Arabia...

The Sultanate of Oman and Saudi Arabia have entered into an agreement aimed at boosting financial sector collaboration. This memorandum...

UK-based ATPI Group has formed a strategic alliance with Saudi Arabia's Arjaa Travel to enhance its footprint in the Middle...

ATPI Group, a UK-based company, has formed a new alliance with Arjaa Travel, a corporate travel agency in Saudi Arabia,...

Rotana, a prominent hotel management company in the MENAT region, has announced its ambitious expansion plans at the Saudi Tourism...

Saudi Arabia's banking sector is witnessing increased activity in debt and sukuk markets as major banks aim to bolster their...

Saudi Arabia's banking sector is witnessing increased activity in the debt and sukuk markets as major banks aim to boost...

Saudi Arabia's Investment Milestone Saudi Arabia is making significant strides in attracting global companies to establish regional headquarters within its...

The Saudi Investment Promotion Authority has signed an agreement with Japan's Mizuho Bank to boost investment opportunities between Saudi Arabia...

The Saudi Investment Promotion Authority has entered a partnership with Japan's Mizuho Bank Ltd. to boost investment opportunities between Saudi...

Maaden and Alba's Aluminum Deal Talks End Negotiations between Saudi Arabia's Maaden and Bahrain's Alba to form a major aluminum...

LG Electronics has unveiled its first brand shop in Saudi Arabia, marking a significant retail expansion in the region. The...

Alinma Investment Company has received approval from both unitholders and the Capital Market Authority (CMA) for significant changes to the...

The GCC region saw a notable increase in Islamic debt issuances in 2024, driven by Qatar and Saudi Arabia, according...

The Saudi-Japanese Joint Business Council recently convened in Riyadh, with notable attendees including Saudi Minister of Investment Khalid Al-Falih and...

Investor optimism and improved regulatory frameworks are set to drive Saudi Arabia's IPO market in 2025, according to industry experts....

The Saudi government has earmarked SR10 billion for the Standard Incentives Program aimed at boosting the industrial sector. This move,...

Saudi Gazette Report RIYADH — The initiative to relocate regional headquarters of global companies to Saudi Arabia is advancing successfully,...

Saudi University Advances Research in Defense, AI, and Nuclear Technologies In a significant move, King Fahd University of Petroleum and...

A Qatari delegation led by Finance Minister Ali bin Ahmed al-Kuwari recently took part in the Islamic Development Bank (IsDB)...

Saudi Arabia is poised for growth in its entertainment sector, driven by initiatives to support 32 startups and foster innovation....

Saudi Arabia Introduces Incentive Program for Industrial Investment Saudi Arabia is launching a SR10 billion ($2.66 billion) incentive initiative to...

Falak Angels, a Saudi angel investment network, has teamed up with Kassim Legal, a law firm specializing in startups, to...

The video game industry in Saudi Arabia is rapidly growing and is expected to significantly contribute to the Kingdom's economic...

Saudi Arabia's Capital Market Authority (CMA) has announced its strategic plan for 2024-2026, aiming to advance the Kingdom's financial market...

Saudi Arabia's venture capital scene is off to a strong start in 2025, maintaining its lead in the region. Zension...

Faisal Al-Ibrahim, the Minister of Economy and Planning, highlighted the 6% growth in non-oil activities over the past three years,...

Saudi Aramco has announced an increase in crude oil prices for Asian markets starting February, marking the first rise in...

BRANDVOICE is a commercially supported content program. The recent COP29 in Baku highlighted the challenges of the global energy transition....

Lenovo Group is set to open a significant PC and server assembly plant in Saudi Arabia, marking a strategic expansion...

Lenovo has announced a significant partnership with Saudi Arabia's Alat to establish a sustainable manufacturing facility, aligning with the Kingdom's...

Saudi Arabia's Public Investment Fund (PIF) is projected to become the world's second-largest sovereign wealth fund by 2030, managing assets...

Forty-six deep-tech startups recently graduated from the Venture Program at the King Abdulaziz City for Science and Technology (KACST) in...

Saudi Arabia Railways (SAR) has engaged Swiss design firm Nose Design Experience to develop its new inter-city trainsets. This collaboration...

Technological Skills on the Rise in Saudi Workforce Technological advancements, economic shifts, and geopolitical factors are reshaping the global job...

Saudi Arabia Eyes New Boxing League with TKO Partnership Saudi Arabia, already a major investor in boxing, is planning to...

Lloyd’s Register (LR) has secured a contract with the Saudi General Ports Authority (Mawani) to enhance management systems and prepare...

Saudi Arabia is positioning itself as a global leader in quantum technology, aligning with its Vision 2030 goals of technological...

Saudi Arabia plans to address its funding needs of approximately 139 billion riyals ($37.02 billion) for 2025, as outlined by...

Saudi Arabia has emerged as the foremost hub for venture capital in the Middle East and North Africa (MENA), securing...

Saudi Arabia is experiencing a significant rise in mergers and acquisitions, with a 17.4% increase in approvals, highlighting efforts to...

Saudi Arabia has dramatically increased its investment licenses, issuing over 36,000, a five-fold rise since the Vision 2030 initiative began....

Lucid Motors Joins 'Made in Saudi' Initiative Lucid Motors, a leading electric vehicle manufacturer, is the first global automotive company...

Saudi Arabia's deep tech startup scene is booming, with nearly half focusing on artificial intelligence and the Internet of Things....

Saudi Arabia has successfully issued a $12 billion bond as part of its Global Medium-Term Note Issuance Program, attracting significant...

Saudi Arabia has kicked off 2025 with significant borrowing to support its ambitious economic transformation goals. The kingdom issued $12...

Saudi Aramco, the leading global oil exporter, has increased its crude prices for Asian markets for February. This marks the...

Saudi Arabia's financial strategy for 2025 involves securing approximately 139 billion riyals ($37.02 billion) in funds. This plan has been...

Saudi Arabia's non-oil business sector experienced robust growth in December, despite a slight slowdown from the previous month. A recent...

Saudi Arabia has made significant strides in its digital transformation, emerging as a leader in technology and innovation. Under Vision...

Saudi Arabia's digital transformation reached new heights in 2024, establishing its leadership in global technology and innovation. Driven by Vision...

Significant developments in Saudi Arabia's poultry industry are underway, promising substantial growth and environmental advancements. A major water company has...

Saudi Arabia's Vision 2030 gained momentum in 2024 through strategic partnerships across various industries, boosting its global economic stature. These...

Saudi Arabia and Türkiye are in talks over a potential purchase of 100 Kaan fifth-generation fighter jets, as negotiations took...

Saudi Arabia Unveils New Business Registration and Trade Name Laws Saudi Arabia has introduced new legislation aimed at simplifying the...

UN Trade and Development's Empretec program is enhancing support for Saudi entrepreneurs through two new initiatives: FintechHub and LogiHub. These...

Databricks, a leader in data and AI solutions, has expanded into Saudi Arabia, marking a significant step in its global...