Saudi Arabia

Saudi aviation sector contributes $90.6 billion to GDP, supports 1.4 million jobs: IATA

Saudi Arabia aims to be a global aviation hub with strong growth expected via infrastructure investments

Saudi Arabia: Tadawul’s market cap grows 463 percent in 10 years, fueling economic transformation

Between 2014 and 2024, Tadawul's main market hosted 91 IPOs for an aggregate offering value of about $65 billion

Saudi Arabia explores local aircraft manufacturing partnership with Airbus

Alkhorayef affirmed Kingdom's readiness to address Airbus's supply chain challenges by leveraging its vast mineral resources

Saudi Arabia leads MENA IPO market as proceeds reach $2.4 billion with 106 percent YoY growth

Saudi Arabia recorded 12 out of 14 listings in the MENA region during this quarter

Saudi Arabia, U.S. to sign landmark mining pact advancing Vision 2030

HRH Saudi Crown Prince Mohammed bin Salman chaired a Cabinet session highlighting this crucial partnership initiative

Saudi flynas plans IPO with 51.26 million ordinary shares, 30 percent of total capital

IPO will include 33.83 million existing shares sold by current shareholders and treasury stock 

Saudi Arabia’s residential real estate poised for growth amid government initiatives, heightened demand

Affordability challenges arise amid record mortgage growth and new regulations 

Saudi Arabia leads MENA in digital government services maturity with 96 percent rate in 2024

The country advanced from fourth place in 2020 to first in 2024 with remarkable strides

Saudi Arabia launches 6 major initiatives at GOSH7 to improve workplace standards

Al-Rajhi reaffirmed Saudi Arabia's commitment to protecting people and ensuring safe work environments according to the highest standards

Saudi Arabia non-oil sector employment climbs, reflecting continued growth momentum

Saudi Arabia's economy grew 2.7 percent in Q1, driven by non-oil sector activities and diversification

Makkah sees 162 percent surge in tourist spending during Ramadan, says Visa

Madinah saw a 64 percent increase in visitor spend during Ramadan

Riyadh Air signs 11 major agreements with global partners at ATM 2025 to serve 125 countries

Deals will enable Riyadh Air to boost its brand visibility while promoting its diverse range of flight services and products

Saudi Arabia’s PIF prices $1.25 billion international sukuk offering

The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion

Saudi Arabia’s aviation market officially opens to international charter flight operators

Decision marks a major milestone in GACA’s strategy to transform Saudi Arabia into a global aviation hub

BNY Mellon secures regional headquarters license in Saudi Arabia

New RHQ will enhance operations and services across the Middle East 

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’s transport ministry, KAUST launch Future Mobility Sandbox to advance smart 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