Saudi Business News

Goldman Sachs highlights a significant transformation in Saudi Arabia's investment approach, predicting a substantial influx of $1 trillion into six...

Saudi Arabia is setting its sights on a major enhancement of its transportation and logistics sector, with a strategic plan...

The insurance industry in Saudi Arabia has experienced a remarkable 25 percent surge in profits during the first half of...

In the initial quarter of 2024, Saudi Arabia experienced a surge in the construction industry, with the value of contracts...

The Public Investment Fund (PIF) of Saudi Arabia has expanded its sporting portfolio by venturing into the football sphere within...

In a strategic pivot towards sustainable energy, Saudi Arabia is set to bolster its investment in the green sector, while...

The Kingdom of Saudi Arabia has markedly increased its investments in US Treasury securities, with an infusion of $4 billion...

Saudi Arabia is set to channel a lower amount of capital into its oil industry than what was previously anticipated,...

Saudi Arabia is on the brink of a transformative investment journey, with plans to channel $1 trillion into a capex...

In July, the yearly inflation rate in Saudi Arabia remained constant at 1.5 percent, the same as the previous month's...

As the largest oil and gas entity globally, Saudi Aramco is intensifying its collaborations with China in the realms of...

In the ever-evolving quest for operational efficiency, innovation, and profitability, the Gulf's corporate landscape is on the cusp of a...

The International Islamic Trade Finance Corporation (ITFC), part of the Islamic Development Bank Group, has inked a financing deal worth...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is intensifying its collaborative efforts with the Saudi...

In a bold move towards hosting the 2034 FIFA World Cup, Saudi Arabia has announced the construction of a cutting-edge...

The Public Investment Fund (PIF) of Saudi Arabia has observed a slight increase in its investments within the US stock...

In an effort to expand its reach within the Middle Eastern automotive care market, IGL Coatings has named Lamaan (IGL...

The groundbreaking developmental project in northwest Saudi Arabia, NEOM, recently held its first NEOM Social Responsibility Awards, a ceremony designed...

The Kingdom of Saudi Arabia has seen its official reserve assets escalate to SR1.7 trillion (equivalent to $452.8 billion) as...

The global consulting firm EY, previously known as Ernst & Young, has selected Saudi Arabia's capital, Riyadh, as the central...

The Kingdom of Saudi Arabia is setting a strategic focus on broadening its economic landscape and enhancing the development of...

The real estate sector in Saudi Arabia has experienced a remarkable upsurge since the onset of 2024, amassing over 280,000...

The Ministry of Industry and Mineral Resources of Saudi Arabia has recently disclosed the results of its fifth exploration licensing...

The municipal authorities of Madinah have unveiled an enticing investment proposition for the establishment and administration of a medical rehabilitation...

During a recent dialogue session in Dalian, China, Saudi Arabia's Minister of Economy and Planning, Faisal Al Ibrahim, provided insights...

Saudi Arabia's sovereign-led Saudi Global Ports Company (SGP) has joined forces with Chinese heavy equipment titan SANY in a landmark...

In a strategic move within the business media sector, Almar Water Solutions, an entity under the umbrella of Saudi Arabian...

Kuwait's premier financial institution, Kuwait Finance House (KFH), is actively seeking avenues for growth in the Saudi Arabian sector, as...

Amidst strengthening economic relations between the United Kingdom and Saudi Arabia, British investors have signaled a strong interest in channeling...

The Kuwait Investment Authority (KIA), recognized as one of the globe's most substantial sovereign wealth funds, is setting its sights...

The legal sector in Saudi Arabia is currently at the heart of widespread anticipation, prompted by reports of a likely...

While participating in a panel entitled What do we expect from future growth in Dalian, China, the Saudi Minister of...

The business landscape in Saudi Arabia has been invigorated through a series of regulatory adjustments aimed at fostering a more...

At the heart of Vienna, during the OPEC Fund's third development gathering, discussions unfolded that may significantly impact efforts against...

At the heart of Vienna, a forum organized by the OPEC Fund for International Development convened for its third session,...

Germany, Berlin: Siemens Energy has announced a significant order from Saudi Arabia, delivering leading-edge power plant technologies with a combined...

In commemoration of World Seafarers Day, Saudi Arabia's Transport General Authority (TGA) has lauded the dedication and service of over...

Sultan bin Abdulrahman Al-Marshad, the Chief Executive Officer of the Saudi Fund for Development (SFD), was actively engaged in the...

Kuwait's sovereign wealth fund, controlling over $800 billion in assets, is set to inaugurate a branch in Saudi Arabia, aiming...

At a recent assembly in London, the British-Saudi Sustainable Infrastructure Summit, British investors showcased a high level of enthusiasm for...

In an effort to transition towards cleaner energy sources, Saudi Arabia has made significant strides by striking a lucrative deal...

The Kingdom of Saudi Arabia is poised to bolster its financial sector with an expected surge in bond offerings, as...

On a day of varied fortunes, the Saudi Arabian stock exchange, known as the Tadawul All Share Index, reported a...

The National Industrial Development and Logistics Program (NIDLP) represents Saudi Arabia at the international Transport Logistics Exhibition in Shanghai, China,...

The UK-Saudi Sustainable Infrastructure Forum commenced in London, diving into the realm of collaborative prospects in the creation of sustainable...

With the objective to forge pathways towards a prosperous tomorrow, the heads of institutions within the Arab Coordination Group assembled...

Saudi Arabia is currently rethinking some of its more visionary large-scale developments as part of its Vision 2030 plans. These...

In a significant development for agricultural financing, the heads of two influential financial institutions convened to discuss collaborative strategies. Dr....

The IMARC Group's latest comprehensive study, titled 'Saudi Arabia Watch Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,'...

The venture capital landscape in the United Arab Emirates is witnessing significant momentum, as evidenced by the successful closure of...

Siemens Energy has been awarded a significant contract worth $1.5 billion to supply key components for two state-of-the-art gas-fired power...

Saudi Arabia is on track to clinch the title of the leading construction market worldwide, with substantial financial investments channeled...

On the fringes of the Arab Coordination Group's 19th head meeting in Vienna, Austria, the President of Sierra Leone, Julius...

The Kingdom of Saudi Arabia's Minister of Investment, Khalid Al Falih, shared promising updates at a gathering in London, revealing...

Saudi Arabian and British officials convened in London to discuss joint ventures in urban development, eco-friendly technology, and the financing...

Saudi Arabia has revealed its ambition to construct a state-of-the-art performing arts center within the expansive Qiddiya City, situated on...

Siemens Energy has recently finalized a monumental $1.5 billion agreement, entailing the provision of vital components for a pair of...

The Qiddiya Investment Company (QIC) has revealed plans for a new Performing Arts Centre in Saudi Arabia, poised to make...

Over recent years, the resilience landscape in Saudi Arabia has undergone significant transformation, influenced by global risk management trends, regional...

The National Industrial Development and Logistics Program (NIDLP) is set to demonstrate its progress and new initiatives at the Transport...