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Saudi Arabia
Logistics
Saudi Arabia posts SAR30 billion trade surplus in October
Oil exports recoded an 18.3 percent decline
Health
Saudi Arabia introduces insurance for new domestic workers
Insurance will become part of the employer’s contract
Economy
Consumer spending in Saudi Arabia jumps to $47 bn month-on-month
Kingdom’s economy shows growth, driven by a strong private sector
Banking & Finance
Saudi Arabia’s The Avenues Khobar secures SAR4.35 billion funding
One of the largest tourism projects in the Eastern Province
Logistics
PIF invests in aerospace engineering company, Saudia Technic
Investment supports 1 million square meter MRO village in Jeddah
Saudi Arabia
Saudi Arabia signs 7 agreements to localize the energy sector
Localizing the energy sector and employing graduates specialized in renewable energy
Banking & Finance
Saudi Arabia concludes €1 billion financing deal with Italy’s SACE
Strengthening trade and investment relations between the two countries
Saudi Arabia
center3 expands footprint in Africa and the Middle East through CMC Networks acquisition
Acquisition is subject to customary conditions and approvals
Markets
Saudi Arabia raises SAR10.55 bn in local sukuk in December
The total volume of bids amounted to approximately SAR14.125 billion
Energy
Saudi Arabia to produce 130 GW of renewable energy by 2030
Investing in renewable energy projects worth $188 billion
Hospitality & Tourism
53.6 million tourists visit Saudi Arabia during the first half of 2023
Total tourism spending reaches SAR150 billion
Hospitality & Tourism
Saudi Arabia’s launches new unified visa platform, now get your visa in just 60 seconds
AI-powered platform ensures precise data verification, efficiency
Banking & Finance
SAR262.7 billion credit facility extended to SMEs in Saudi Arabia
Banking sector contributed the largest volume of credit facilities, with an estimated value of SAR245.3 billion
Banking & Finance
Saudi Arabia launches FinTech program Makken to boost financial innovation
Efforts fall under Financial Sector Development Program
Logistics
Unwavering government support to propel Saudi Arabia’s aviation sector towards global leadership by 2030
Kingdom is building an attractive hub for business and tourism
Economy
S&P: Saudi Arabia’s economic growth to rebound to 2.7 percent in 2024
Saudi Arabia's records A rating with a stable outlook
Energy
Saudi’s ACWA Power signs $800 mn power purchase agreement for South African hybrid renewable project
Operation to commence by Q2 2026
Economy
Saudi investment funds surpass one million participants milestone in Q3 2023
Up from 677,400 compared to the same period in 2022
Banking & Finance
Saudi Central Bank sets guidelines for BNPL companies, fueling fintech growth
SAR5 mn minimum capital requirement
Economy
Saudi Arabia’s ambition to become a premier business hub: Unveiling Kingdom’s strategy to attract investments
Recent economic reforms fostered country’s openness on foreign investment
Economy
Global Labor Market Conference in Riyadh: Signing of 70 agreements worth $137 mn
Event witnessed the participation of over 6,000 attendees from over 40 countries
Hospitality & Tourism
FHS returns to Riyadh in 2024, uniting leading industry experts
Event to witness participation of more than 1,100 delegates from over 35 countries
Hospitality & Tourism
Saudi Arabia’s Expo 2030 to generate 250,000 jobs
In addition to 1,000 hotel rooms on the sidelines of the exhibition
Saudi Arabia
OPEX 2023 wraps up: Advancing efficiency, sustainability, and technological innovation take center stage
Conference called for leveraging operational excellence for maximum benefits, knowledge transfer, and updated standards
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