Saudi Arabia’s Neom Initiative Scales Down
Saudi Arabia's grandiose Neom megaproject, valued at a staggering $500 billion and featuring the linear urban development known as 'The ...
Tag: investment
Saudi Arabia Pledges Hefty Investment to Aid Pakistan’s Economy
In a recent development, Saudi Arabia has dispatched its top diplomat to Pakistan with an entourage of officials for a ...
Saudi-Iraq Investment Ties Bolster with New Agreements
The economic relationship between Saudi Arabia and Iraq is on the brink of a significant leap forward following the announcement ...
Saudi Arabian Stocks Rise, Led by Key Industry Sectors
The Saudi Arabian stock market concluded trading on a positive note, with considerable uplifts in multiple sectors propelling the market ...
Navigating a Pivotal Year: Saudi Arabia’s Investment Landscape
As the financial world approaches the challenges and opportunities of 2024, the flux of global economics is poised to make ...
Saudi Arabia Invests in AI Future with $40B Pledge
In an ambitious move to transform its economy, Saudi Arabia is setting its sights on a considerable investment in artificial ...
Saudi Arabia’s Strategic AI Investment Initiative
Saudi Arabia is ambitiously carving out a position as a worldwide technology frontrunner with plans to inject a staggering US$40 ...
Almarai’s Strategic $4.8 Billion Boost for Tech and Expansion
Saudi Arabia's Almarai, recognized as the largest dairy firm in the Middle East, has unveiled a plan to allocate more ...
Saudi Arabia’s AI Ambition: A $40B Investment
In an ambitious push to become a key player in the field of artificial intelligence (AI), Saudi Arabia is reportedly ...
Mazadak Raises $10M to Transform Saudi Auctions
Mazadak, a pioneering technology platform, has recently achieved a significant financial boost by securing an investment of SAR 37.5 million ...
LEAP24: A Glimpse into the Future of Tech in the Middle East
The conclusion of the LEAP24 International Tech Conference in Riyadh marks another milestone for the Middle East's burgeoning technological landscape. ...
AWS Invests Billions in Saudi Tech Expansion
Amazon Web Services (AWS) is positioning itself as a pivotal player in Saudi Arabia's tech sector by announcing a $5.3 ...
Saudi Arabia’s Strategic Plan to Revitalize Tourism
Saudi Arabia's Minister of Tourism, His Excellency Ahmed Al-Khateeb, recently announced the launch of a transformative program designed to bolster ...
Saudi Wealth Fund Adjusts Sukuk Yield After High Demand
Saudi Arabia's Public Investment Fund (PIF) has recently fine-tuned the yield for its seven-year, dollar-denominated sukuk securities. The yield is ...
Saudi Manufacturing Sector Expands by 10% in 2023
The industrial landscape of Saudi Arabia has witnessed a significant upsurge with a 10 percent increase in the number of ...
Surge in Saudi Factory Operations Marks Industrial Growth
The industrial landscape of Saudi Arabia has seen a notable expansion, with a 10% rise in the number of operational ...
Saudi Sovereign Fund Acquires Major Share in Maritime Firm
The Saudi Arabian Public Investment Fund (PIF) has successfully finalized an acquisition of a significant ownership stake in Zamil Offshore ...
Investor Attraction Peaks in Saudi Markets: J.P. Morgan Insights
Riyadh's investment environment is on a trajectory of prosperity, spurred by the equity and debt markets, as observed by a ...
Saudi Finance Minister Advocates for Swift Financial Reform
Riyadh witnesses a call to action from Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, who emphasizes the need for expedited financial ...
Saudi Arabia’s Economic Leap: Vision 2030 Milestones
The Kingdom of Saudi Arabia has been surpassing expectations in drawing investment flows, as articulated by the country's Investment Minister, ...
Turkiye Aims for $30B Trade Target with Saudi Arabia
With an ambition to bolster commerce, Turkiye sets its sights on a $30 billion trade goal with Saudi Arabia for ...
Saudi-Georgian Ties Strengthened with New Trade Pacts
The partnership between Saudi Arabia and Georgia has been notably enhanced following the signing of four pivotal agreements. These accords, ...
MSA Capital and Saudi Investment Ministry Forge Strategic Alliance
In a significant move for international commerce and innovation, MSA Capital, through MSA Novo, its arm dedicated to investments in ...
Saudi Arabia Sets Sights on Italian Investment Opportunities
Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, expressed the Kingdom's readiness to bolster economic cooperation with Italy, aiming to bring investment ...
Saudi Public Investment Fund Sets Bond Pricing Indicators
The Saudi Public Investment Fund (PIF) has unveiled preliminary pricing guidelines for its upcoming bond offering, which is to be ...
Saudi Wealth Fund Sets Terms for Dollar-Denominated Bonds
The Public Investment Fund (PIF) of Saudi Arabia has signaled its intention to issue a multi-tranche bond denominated in dollars, ...
SABIC Launches Major Petrochemical Project in China
The multinational chemical manufacturing giant, Saudi Basic Industries Corporation (SABIC), has recently proclaimed its commitment to a colossal petrochemical venture ...
Saudi Arabia’s Master Plan for Aviation Expansion
The Kingdom of Saudi Arabia has set in motion a significant expansion and development strategy for its airports and airlines, ...
Strategic Investments Flow into the Middle East
Rajiv Jain, the founder of the Florida-based asset management company GQG, has strategically pivoted his investment portfolio towards the Middle ...
Riyadh to Host Key World Economic Forum Meeting in Spring
The Kingdom of Saudi Arabia is set to become the center of global economic discussions as it prepares to host ...