Saudi Arabia

stc’s revenues rise over 5 percent to $5.09 billion in Q1 2024

Group's net profit surged by 44.50 percent to SAR3.28 billion

Saudi Aramco reports Q1 2024 net income of $27.2 billion

Cash flow from operating activities stands at $33.59 billion

Saudi Arabia’s developers poised for growth amid property shortage, government support: S&P

Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030

Nearly 30,500 new employees join Saudi Arabia’s private sector in April

As many as 2.36 million citizens were working in the Kingdom's private sector in April

Saudi Arabia’s flynas to broaden UAE network, add flights to DWC, Abu Dhabi, Sharjah

With this expansion, the number of routes connecting Saudi Arabia and the UAE will increase to nine

Saudi Arabia allocates $2.5 billion to Middle East Green Initiative

Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs

Saudi Arabia’s Vision 2030 will need around $1 trillion in investments over several years: Report

Non-oil economy will continue to grow with increased government investments in Vision 2030 projects

Saudi Arabia’s non-oil sector starts Q2 2024 with strong growth, says PMI

To meet rising demand, purchasing activity in Saudi Arabia's non-oil sector saw a sharp increase in April

Saudi Arabia’s non-oil revenues rise 9 percent to $29.73 billion in Q1 2024: MoF

Saudi Arabia's total revenues saw a 4 percent annual increase to SAR293.433 billion

Saudi Arabia’s internet penetration reaches 99 percent in 2023: Report

Both men and women demonstrated high levels of internet usage, with rates of 99.3 percent and 98.5 percent respectively

Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation

Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks

Saudi Arabia set to increase assets under management to 29.4 percent of GDP by 2024

The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks

Saudi Arabia’s real GDP grows 1.3 percent in Q1 of 2024

In Q1, Saudi Arabia's non-oil activities saw a 2.8 percent annual increase

Saudi Arabia, Mauritania to cooperate in electricity, renewable energy, and clean hydrogen

The deal aims to enhance electricity system reliability through knowledge exchange and partnership

Saudi Arabia’s ACWA Power seeks to invest $10 billion in Malaysia’s renewable energy sector

Collaboration to power up green data centers in Malaysia's industrial parks

WEF Special Meeting: Coordinated cooperation key to mitigating impact of epidemics, says Saudi health minister Al-Jalajel

Integrating health, justice and sustainability in decision-making promotes health sector's growth

WEF, Saudi Space Agency ink agreement to establish Center for Space Futures

Center to facilitate public-private discussions on space collaboration

Saudi Arabia to host 28th World Investment Conference from November 25 to 27

Conference positions Saudi Arabia as global investment hub, promotes its promising business environment

WEF Special Meeting: Developing human capital must be the focus for investment

Collaborative effort is needed to address the energy trilemma of security, equity and sustainability

GCC states have succeeded in making economies more integrated: Saudi Arabia’s Al-Jubeir at WEF meeting

Al-Jubeir noted the increase in new startups that Saudi youth have founded, and their contributions to the job market

NEOM secures $2.67 billion revolving credit facility for development projects

Financing boosts ongoing development endeavors and short-term financing requirements