Saudi Arabia
The ban applies to private sector establishments and aims to protect workers from heat risks during the hottest hours
The paid-up share capital for the finance companies sector increased by 6 percent to reach $4.13 billion
Saudi Arabia accounts for 39 percent of the total MENA pipeline value of $3.9 trillion
Acquisition aligns with center3’s strategic vision for growth and expansion in the Middle East and African markets
Prime office rents in Riyadh rose 14.5 percent, while Grade A and B rents increased 11.8 percent and 10.3 percent
Personal loans constituted 47 percent of banks' total lending, while corporate loans made up the remaining 53 percent
The move will facilitate easier access to charging solutions and support the wider adoption of EVs
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market
E-commerce and retail sector retained its position as the leading industry in Saudi Arabia's venture landscape
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
Neo Space Group is PIF's first venture into the space sector
GACA report assesses 11 operational performance standards to enhance services and traveler experiences
The rating reflects the government's significant progress in implementing a broad-based reform agenda since 2016
Al Khateeb outlines plans to add over 250,000 hotel rooms, attract young Saudis to the industry
The largest share of spending (15 percent) was on beverages and food, amounted to $471.94 million
This comes as part of Round 4 of the Saudi National Renewable Energy Program (NREP)
The total value of commodity exports stood at $77.77 billion
Medium-sized enterprises took the largest share at 57.5 percent or SAR158.411 billion in March 2024
The Club Championship will award $20 million to the top 16 clubs depending on their overall performance
GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion
The move falls in line with the country's ambitious plan to reach 250 global destinations by 2030
Saudi CEOs anticipate that GenAI will significantly change the creation, delivery and capture of value in the next three years
