Saudi Business News

The Saudi Council of Ministers has approved the Law of Commercial Registration and the Law of Trade Names, aiming to...

Gross domestic product (GDP) growth in the G20 region maintained a steady pace in the second quarter of 2024, with...

Swvl Holdings Corp, a leading provider of enterprise and government mobility solutions, has secured new contracts in Saudi Arabia worth...

Saudi Arabia is set to host the NEOM Beach Games 2024 from November 3 to 23, featuring over 1,000 athletes,...

A Saudi Arabian cat food company, inspired by Islamic teachings on kindness to animals, is helping care for stray and...

Saudi Arabia's National Debt Management Center (NDMC) finalized its riyal-denominated sukuk issuance for September, totaling SR2.603 billion ($690 million). In...

Saudi Arabia's PIF Drives E-Mobility with $39B Investment Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is leading...

Saudi Arabia's Literature, Publishing, and Translation Commission is gearing up for the Riyadh International Book Fair at King Saud University...

SURJ Sports Investment from Saudi Arabia is looking to acquire a minority stake in the EuroLeague basketball competition. Partnering with...

Saudi Arabia is accelerating its metals and mining industry with three major deals in recent days. The Saudi Arabian Mining...

The Saudi Arabian IoT in healthcare market is experiencing significant growth driven by key factors. Government initiatives and investments in...

Saudi Arabia’s Tadawul All Share Index saw a modest increase on Tuesday, rising by 18.29 points (0.15%) to close at...

UNOX Arabia, a leader in intelligent cooking technology, hosted a panel in Riyadh focused on the F&B sector's role in...

Saudi Arabia's industrial sector is set for substantial growth through the Rafid program, which partners with academic institutions to drive...

The Saudi Data and AI Authority (SDAIA) has updated the Regulation on Personal Data Transfer Outside the Kingdom, introducing new...

Analytix has become a top business solution provider in Saudi Arabia, aiding international organizations and foreign investors in setting up...

Saudi Arabia has approved its first exchange-traded funds (ETFs) tracking Hong Kong equities, as announced by the Capital Market Authority...

Saudi Arabia's capital market institutions saw a 27% rise in operating income, reaching $1.1 billion in Q2. Operating income, which...

Saudi Arabia is localizing rose cultivation to meet local demand, create jobs, and cut down on costly imports of lesser...

UK companies are planning to expand operations in Saudi Arabia following high-level discussions aimed at strengthening trade partnerships between the...

Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Alkhorayef, met with the UK's Secretary of State for Business and...

RIYADH, Saudi Arabia: Saudi Commerce Minister Dr. Majed Al-Qasabi announced an imminent agreement to encourage and protect Saudi investments in...

NTT Data has appointed Rami Beidas as the new leader of its Saudi Arabia office. Based in Riyadh, Beidas will...

During a meeting in Riyadh, Saudi Crown Prince Mohammed bin Salman announced a US$5 billion investment in Egypt through the...

During a meeting in Riyadh, Saudi Crown Prince Mohammed Bin Salman announced a USD 5 billion investment in Egypt through...

Saudi Arabia has approved its first exchange-traded funds (ETFs) tracking Hong Kong-listed equities, marking a significant milestone for the Middle...

The Saudi Public Investment Fund's SURJ Sports Investment is selling a €1 billion minority stake in the EuroLeague, a prominent...

What's happening? Saudi Arabia has approved its first ETF that tracks Hong Kong equities, marking a significant step in enhancing...

S&P Global has upgraded Saudi Arabia's economic outlook to “positive” from “stable,” reflecting strong non-oil growth and resilience against oil...

Trade between Saudi Arabia and Egypt exceeded $33 billion in 2022 and 2023. Egyptian Prime Minister Dr. Mostafa Madbouly announced...

Saudi Investment Bank (SAIB) intends to launch a dollar-denominated Tier I sukuk, potentially reaching up to $1.5 billion, under its...

Saudi Arabian Mining Company (Ma’aden) plans to merge its aluminium units with Aluminium Bahrain (Alba) through a non-binding agreement. In...

Zindi Hosts First International AI Olympiad in Riyadh The first-ever International AI Olympiad (IAIO) took place in Riyadh, Saudi Arabia,...

Saudi Crown Prince Mohammed bin Salman has announced a $5 billion investment in Egypt through the Saudi Public Investment Fund...

Saudi Energy Minister Prince Abdulaziz bin Salman emphasized the critical role of nuclear security and safety, asserting that each state...

The Saudi Arabian Crown Prince, Mohammed bin Salman Al Saud, and Egyptian Prime Minister, Mostafa Madbouly, met in Riyadh to...

Lombardy, Saudi Arabia Forge Path to Future Opportunities The Lombardy region, with a GDP exceeding €400 billion, stands as a...

The sports investment firm owned by Saudi Arabia’s Public Investment Fund (PIF) is participating in the sale process for EuroLeague,...

Saudi Arabia's inflation rate edged up to 1.6% in August from 1.5% in July, driven by rising housing rents and...

S&P Global Ratings has upgraded Saudi Arabia's outlook from stable to positive, affirming its ‘A/A-1’ long- and short-term credit ratings....

Analytix has emerged as a top business solutions provider in Saudi Arabia, assisting over 1800 companies from 14 countries across...

The Saudi Minister of Industry and Mineral Resources, Bandar Alkhorayef, has unveiled the Rafed Program. This initiative focuses on creating...

Dr. Majid Al-Qasabi, Saudi Minister of Commerce, met in Riyadh with British Secretary of State for Business and Trade Jonathan...

Egyptian Prime Minister Dr. Mostafa Madbouly announced the finalization of the Saudi-Egyptian Investment Protection Agreement, set to be activated within...

Saudi Arabia has significantly increased its issuance of investment licenses to Egyptian businesses, more than doubling in 2024, highlighting a...

Saudi Arabia’s General Entertainment Authority (GEA) has boosted financial backing for small and medium enterprises (SMEs) in the entertainment sector...

Aluminium Bahrain B.S.C. (Alba) has entered a non-binding agreement with Saudi Arabian Mining Company (Maaden) to explore a potential business...

Lhamim, a Saudi-based marketing and media agency, has added four new clients to its portfolio: Alramz Real Estate, Petromin Corporation,...

Asharq Business with Bloomberg has launched a new programming schedule to provide extensive coverage of regional markets, particularly focusing on...

Saudi Arabia is making significant strides in becoming a major hub for artificial intelligence (AI). Recent high-profile events and partnerships...

Pharmaceutical companies in Saudi Arabia must soon comply with new regulations requiring pharmacoeconomic assessments. These assessments will help demonstrate the...

Saudi Arabian Mining Company (Maaden) is set to acquire a 25.1% stake from US aluminium producer Alcoa in their joint...

During a visit to Saudi Arabia, Prime Minister Mostafa Madbouly and key Egyptian ministers met with prominent Saudi officials to...

Saudi Arabia’s Capital Market Institutions Report 27% Revenue Growth Saudi Arabia's capital market institutions experienced a 27% increase in operating...

Saudi Arabia’s Capital Market Sees 27% Revenue Growth Saudi Arabia's capital market institutions experienced a 27% increase in operating income...

QnA International will host the 3rd Kingdom Business & Luxury Travel (KBLT) Congress on September 25-26, 2024, at the Crowne...

Yango Tech, a leader in e-commerce technology, has partnered with Al Sadhan and SPAR to enhance retail technology in the...

Saudi Arabia’s Ma’aden has signed an agreement with Alcoa to acquire a 25.1% stake in their joint venture for $1.1...

Kiverco, a recycling business from County Tyrone, is securing significant contracts in Saudi Arabia thanks to support from a UK...

In August, the prices of 114 goods and services in Saudi Arabia rose year-on-year, while 51 saw a decrease, and...