Saudi Arabia

Saudi banks successfully navigate external debt growth amid market challenges: S&P

The rise in interbank liabilities accounted for 55 percent of Saudi banks' external debt increase

GCC countries contribute over 35 percent of all emerging-market U.S. dollar debt in Q1 2025, Fitch reports

Primary market dollar issuance shows promise despite recent quietness in the GCC region

flynas reveals latest-generation aircraft seats for A320neo at ATM 2025

The new Z200 seats aim to provide benefits for both passengers and airlines in the fleet 

Saudi Arabia launches Future Mobility Sandbox initiative to advance autonomous transport solutions

Region’s first integrated testbed for various modes of transport reinforce Saudi Arabia’s position as a global hub for innovation

Saudi Crown Prince donates $266.5 million to support citizen home ownership

Prince Mohammed bin Salman has mandated the swift completion of these housing projects within 12 months

Joint Saudi-Qatari initiative paves way for $15 million payment to World Bank for Syria

Commitment aims to accelerate the recovery of Syria’s economy and development 

stc Group posts net profit of $973 million in Q1 2025, up 11.05 percent YoY

Revenues reached $5.12 billion with an increase of 1.60 percent

Saudi Vision 2030: A comprehensive review of achievements in 2024

Vision hit 93 percent target success rate in first nine years

Saudi Arabia gears up for Asian Physics Olympiad 2025 featuring talented young scientists

The 25th Asian Physics Olympiad will take place from May 4 to 12 in Dhahran 

Saudi Arabia’s non-oil exports surge 14.3 percent to $7 billion in February 2025

National non-oil exports (excluding re-exports) saw a rise of 0.7 percent, totaling SAR16.07 billion

From Riyadh to the world: Virgin Atlantic’s new route boosts global travel

Virgin Atlantic now operates daily services from London Heathrow to Riyadh

Red Sea Global launches Nammos Resort AMAALA featuring 110 keys, 20 branded residences 

Nammos Resort AMAALA will be one of eight resorts set to open in AMAALA’s first phase in a matter of months

Saudia inks deal with Airbus to acquire up to 20 wide-body aircraft

Saudia Group's order for flyadeal marks the first widebody order for the subsidiary and paves the way for new long-haul services

Saudi Arabia leads regionally, secures 9th place globally and 6th in G20 in geospatial sector

The Kingdom has surged from 32nd place in 2022 to 9th in the 2025 GKI Index

Saudi Arabia and India expand cooperation in energy, health and space during PM Modi’s visit

The two leaders highlighted the agreement in the High-Level Task Force to collaborate on establishing two refineries

Trump to visit Saudi Arabia, UAE and Qatar as White House confirms mid-May plans

Trump will address Ukraine and Gaza conflicts during his visit to Saudi Arabia, a key U.S. ally

New Saudization initiative targets 41 professions in tourism industry

Initiative to be implemented in three phases, with the first phase commencing on April 22, 2026 

stc, solutions ink $38 million contract to establish internet and telecommunication networks

Project enhances internal network infrastructure across nine sites in five key regions of the Kingdom

Top airport performances in Saudi Arabia for March 2025: GACA report

King Fahd Airport achieved 91 percent compliance in the latest rankings

Aramco, BYD partner to develop new energy vehicle technologies

SATC and BYD aim to foster the development of innovative technologies that enhance efficiency and environmental performance

Riyadh Air unveils business class

Delivering luxury and comfort with new cabin interiors

Saudi Arabia issues 2,853 tourism licenses by end of 2024, up 32 percent YoY 

Surge underscores the Kingdom’s dedication to advancing the tourism sector and enhancing service quality