Saudi Arabia

GASTAT: Saudi Arabia’s inflation rate hits 2.0 percent in January 2025

GASTAT highlighted that the Kingdom's inflation rate is considered the lowest among the G20 countries

Saudi Arabia welcomes potential Trump-Putin summit in Kingdom

Trump said he could meet Putin in 'not too distant future'

Riyadh Metro serves 18 million passengers with over 162,000 trips since inauguration

The Blue Line—Al-Olaya Al-Batha Axis was the most utilized, recording nearly 10 million passengers during this period

New creative district in Riyadh targets growth in creative economy, GDP

This initiative seeks to create a vibrant ecosystem for creative professionals and emerging talent to collaborate on content and drive innovation.

Ceer signs 11 deals worth $1.46 billion with Saudi firms to supply EV components

The company is set to reveal its first electric car models by end of 2025

Saudi Arabia and Tanzania sign trade agreements, establish joint business council

In 2023, trade volume between Saudi Arabia and Tanzania reached SAR5.5 billion

Saudi Arabia to invest $1 trillion in infrastructure by 2030, says economy minister

Alibrahim said that PIF's mission extends beyond financial returns, playing a crucial role in advancing the knowledge economy

LEAP 2025: stc Group inks 75+ agreements with global digital giants

Strengthening its role in AI and global digitalization

600 global companies choose Saudi as regional headquarters, investments double to $320 billion: Minister

72 percent of investments came from the private sector, while PIF's portfolio and companies accounted for 13 percent

LEAP 2025: Saudi government entities achieve over 74 percent readiness in AI adoption, emerging technologies

SFDA secured sport among top 10 government entities in 2025 Emerging Technologies Readiness Index

Trump says he expects first meeting with Putin in Saudi Arabia, involving Crown Prince Mohammed bin Salman

“We know the Crown Prince, and I believe it would be a great location to meet,” said the U.S. President

LEAP expands global reach with first-ever LEAP East in Hong Kong in July 2026

Tahaluf, the largest B2B events organiser in Saudi Arabia, announces continental expansion plan to become major international industry player

Meet ‘Sara’: Saudi Tourism Authority’s new AI-powered tour guide for an immersive travel experience

The initiative is part of the Saudi Tourism Authority's efforts to harness modern technologies to promote tourism

LEAP25 ends with record investments, Riyadh, Hong Kong editions set for 2026

LEAP is considered a global platform that brings together leading thinkers and practitioners in the digital field, empowering entrepreneurs, and fostering innovation in the era of AI

Saudi Central Bank permits 4 fintech startups to operate under Regulatory Sandbox

This highlights SAMA’s ongoing commitment to advancing the Saudi fintech sector, promoting financial inclusion and innovation

Saudi Arabia ranks first regionally, 11th globally in AI safety

Kingdom has made significant strides in AI safety research, contributing 8.3 percent of all related research published globally

PIF acquires 30 percent stake in Masdar Building Materials company

PIF’s investment will enable Masdar to transform its operations through digital technology

LEAP 2025: $1.78 billion in tech investments announced as sports and startups take center stage

Equinix announced a $1 billion investment to launch the region’s largest data center in Saudi Arabia

Saudi Arabia’s industrial production index surges by 2.1 percent in December 2024: GASTAT

Growth is driven by growth in manufacturing, water supply, sewerage, and waste management and remediation activities

Saudi Arabia’s King Khalid International Airport earns airport carbon accreditation for emissions management

Milestone was attained through the transformation of airport operations and those of its commercial partners

stc, Cohere partner to advance Generative AI innovation in region

Partnership seeks to revolutionize AI capabilities with advanced AI-powered solutions

$640 billion investment needed annually to address growing oil demand, says OPEC Secretary-General

Cumulative investment requirements are estimated at $17.4 trillion between 2024 and 2050

LEAP 2025 continues groundbreaking announcements with over $7.5 billion in tech, AI investments

LEAP 2025 boosts Saudi Arabia's tech leadership, driving innovation and sustainable transformation globally

LEAP 2025: Saudi Arabia solidifies status as global AI hub with $14.9 billion investment

On the event's first day, Saudi Arabia announced major investments in AI, cloud computing, and digital transformation