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The deal includes a $750 million convertible preferred investment and a $750 million unsecured term loan
Oil company's revenues reached $220.73 billion in H1, up 0.9 percent from $214.38 billion during the first half of 2023
The start of Q3 saw both output and new orders expand to a lesser degree
The total number of inbound tourists reached 27.4 million tourists in 2023, setting a new record high for Saudi Arabia
The proposed agreement aims to enhance cooperation, streamline investment regulations, and create new jobs
Data showed that the bank's net foreign assets in June were around SAR1.670 trillion
Saudi Arabia's GDP contracted by 0.4 percent annually primarily driven by the 8.5 percent annual decline in oil activities
This achievement reflects the commitment to operational excellence, says Riyadh Airports Company
Stadium to feature royal box with 150 seats, 120 hospitality suites, 300 VIP seats, and 2,200 seats for dignitaries
Smart cities in the Kingdom have relied on AI and IoT technologies to enhance quality of life
The low-cost carrier has ordered 75 A320neo family aircraft and 15 A330-900 planes
The contract duration is 41 months from the date of signing and is subject to increased quantities
The group attributes this growth in revenues to the increase in stc KSA’s revenues by 0.6 percent
Funding to accelerate company's expansion in Saudi Arabia and the development of AI chips globally
The resort will include a long, bridge-like structure that spans 450 meters and is suspended 40 meters above a lagoon
Fleet expansion falls in line with Saudi Arabia's National Civil Aviation Strategy
Food and beverage prices increased by 1.1 percent, driven by a 6.5 percent rise in vegetable prices
This initiative is part of SAMA's strategy to provide banking services to government agencies and support digital development
This challenge aims to seek innovative solutions that accelerate the circular carbon economy
Number of flights saw a 12 percent increase to 446,000 in the first half of the year
Saudia has increased its daily flights to Abha from 14 to 19, marking a notable 35.71 percent growth
The project involves the construction of advanced educational institutions, cultural venues, modern offices, and a luxury hotel
The tower stands tall at 130 meters, encompassing 84,000 sqm of world-class facilities
Emirates' 900-square-meter lounge is located in the airport’s newest Terminal 1
