Saudi Business News

What's happening? Saudi Arabia's non-oil sector experienced a modest recovery in August, suggesting increased confidence in the private sector. Implications...

Riyadh, Saudi Arabia: STC Bank, the first fully digital bank in Saudi Arabia, announced its role as a Founding Partner...

MDLBEAST, known for the XP Music Futures Conference in Saudi Arabia, is introducing an Artist Management Bootcamp through its new...

The Saudi Ministry of Investment has unveiled updated rules to facilitate foreign investment in Saudi Arabia. These new regulations are...

Saudi Arabia is set to enhance economic ties with Eastern Europe through a new regional business council, aiming to unlock...

China and Saudi Arabia to Boost Cooperation in New Energy As Saudi Arabia's Minister of Industry and Mineral Resources, Bandar...

Virgin Atlantic is set to launch new routes from London Heathrow to Riyadh, Saudi Arabia, and Accra, Ghana, in summer...

Saudi Arabia is pursuing partnerships with Chinese firms in the automotive and automation sectors as a high-ranking industrial official begins...

Saudi Arabia's e-commerce boom showcases its leaders' commitment to technological advancement, aiming to enhance remote shopping and cashless payments. This...

Saudi Arabia's New Investment Law aims to attract international investments and ensure equality between domestic and foreign investors. Effective six...

As Saudi Arabia’s new Personal Data Protection Law (PDPL) takes effect, businesses must align with stringent data privacy standards. Modeled...

In a rapidly growing economy, organizational stability is crucial. Business continuity has become vital in Saudi Arabia, driven by the...

Saudi Arabia is intensifying its focus on domestic investment, resulting in higher requirements for foreign investors aiming to operate in...

For the past decade, Saudi Arabia has been a significant attraction for dealmakers, bankers, and asset managers due to its...

The Saudi Ports Authority, known as Mawani, has recently observed a significant uptick in its cargo handling operations. In the...

In an ambitious move to enhance trade relations, Saudi Arabia has been spearheading a significant push to establish and optimize...

Across the international scene, Middle Eastern sovereign wealth powerhouses have been notable for their aggressive investment strategies. The Saudi Public...

The fourth Shaqra Pepper Festival recently wrapped up with significant acclaim, marking a notable triumph in the promotion and sale...

The King Abdulaziz Port in Dammam has recently achieved a remarkable feat by processing a record number of 20,645 twenty-foot...

As the calendar turns to August in Aseer, a remarkable shift in consumer behavior has been noted. The region, typically...

In a significant development within the oil and gas sector, Aramco has announced its acquisition of an additional 22.5% interest...

The economic landscape has been continually evolving through the centuries, and today we stand on the brink of another significant...

The Saudi Electricity Company (SEC) has exhibited a substantial financial growth in both the first half and the second quarter...

Saudi Arabian software-as-a-service provider Blend has successfully secured $1.3 million in pre-seed funding, supported by a collective of undisclosed angel...

The annual inflation rate in Saudi Arabia witnessed a rise to 1.5 percent in July, in comparison to the previous...

China Energy Engineering Corp Ltd has made headlines with a $972 million agreement to develop a significant solar energy initiative...

In line with its economic diversification ambitions encapsulated in Vision 2030, Saudi Arabia has made a significant stride in the...

The Kingdom of Saudi Arabia is undertaking significant efforts to establish itself as an attractive and safe haven for international...

Convergint has recently unveiled its strategic growth into the Saudi Arabian market, broadening its Middle East & Africa (MEA) presence....

In a bold economic transformation, Saudi Arabia is poised to allocate $1 trillion to enhance six key sectors by the...

The investment horizon in the Middle East is undergoing a transformative phase, where environmental, social, and governance (ESG) considerations are...

Saudi Arabia is on a mission to strengthen its technology talent pool, driven by the grand aspirations of its Vision...

The partnership between China and Saudi Arabia in the energy sector is poised to yield significant benefits, especially with the...

The Ministry of Industry and Mineral Resources and the Ministry of Investment of Saudi Arabia recently conducted an informative webinar...

The team representing Saudi Arabia has left a mark on the global stage by securing a bronze medal and receiving...

The Ministry of Tourism in Saudi Arabia has disclosed a significant financial influx from inbound tourists for the year 2023,...

The Gulf Cooperation Council Interconnection Authority (GCCIA) has recently been awarded an A+/Stable credit rating by the prestigious Fitch Ratings....

In a move set to revolutionize the Kingdom's industrial and mining landscape, the Ministry of Industry and Mineral Resources has...

Operating from its strategic hub in Riyadh, FTI Consulting provides indispensable support to Saudi Arabian enterprises grappling with their most...

Tuwaiq Academy has announced the commencement of registration for its forthcoming Governance, Risk, and Compliance (GRC) boot camp, which is...

The Jazan region, recognized for its verdant landscapes and optimal agricultural conditions, has successfully harnessed these attributes to become a...

Global systems integration authority Convergint has officially declared its operational launch in Saudi Arabia, marking a significant extension of its...

The corporate venture capital arm of Saudi Aramco, Wa'ed Ventures, has recently made a strategic investment in Athir, a Saudi-based...

Real Madrid's prominent Brazilian footballer Vinicius Jr is reportedly deliberating a groundbreaking transfer to the Saudi Pro League, with discussions...

The Saudi Investment Recycling Company (SIRC) has recently celebrated a significant achievement by exporting its first batch of recycled and...

The Amwaj waterfront, situated by the central beach of Jizan city in the Jazan Region, is increasingly becoming a favored...

The skies above are poised for a stunning display as Jupiter and Mars draw near each other in a rare...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Japan Bank for International Cooperation (JBIC)...

The Kingdom of Saudi Arabia is witnessing a remarkable increase in the number of women joining the labor market, a...

The financial implications of engaging top-tier software development firms in Saudi Arabia hinge on several determinants. These include the anticipated...

Saudi Arabia has decided to allocate a mere 25% of its $1 trillion strategic investment plan to the oil sector,...

Saudi Arabia has set a strategic goal to significantly reduce its financial commitment to the oil sector, planning a $40...

A recent analysis from Goldman Sachs reveals that Saudi Arabia is set to channel $1 trillion into strategic sectors by...

Riyadh is poised to become a hub for financial technology innovation as it prepares to host the inaugural 24 Fintech...

Sawani, an enterprise under the umbrella of the Public Investment Fund (PIF), has recently celebrated a significant triumph for its...

The Buraidah Dates Carnival, a prime marketing event in the Qassim Region, is facilitated by the Ministry of Environment, Water,...

The Saudi Central Bank, known as SAMA, has witnessed a robust annual increase in its reserve assets, rising by 5.5%...

The member nations of the Gulf Cooperation Council (GCC) are proactively enhancing incentives for both domestic and international investors within...

The Kingdom of Saudi Arabia has unveiled a set of new legislations aimed at enhancing transparency and streamlining the investment...

Faisal Sultan, Lucid Middle East's Vice President and Managing Director, has expressed confidence in Saudi Arabia's potential to become a...