Saudi Arabia

MBC Group plans to float 33.25 mn shares on Saudi’s Tadawul

After securing approval from the Capital Market Authority

Saudi concludes November sukuk issuance at SAR2.67 bn

Kingdom restructured in August SAR35.7 bn of debt instruments

Potential use of local currencies for trade between Saudi, Egypt

Feasibility of local currency trade exchange proposed by Saudi Minister

Riyadh hosts 9th edition of the International Coffee and Chocolate Exhibition

Region's largest trade show to feature investment opportunities in the industry

Saudi-Egypt trade surpasses $58 billion in five years

Saudi private sector investments in Egypt reached $35 billion

New natural gas discoveries unveiled in Saudi 

Al-Hiran gas field confirmed with 30 million cubic feet daily flow

Saudi’s THC expands fleet, announces new purchase at Dubai Airshow

Delivery of H125 aircraft modified for aerial operations also completed

$350 million to support developing countries in Riyadh Expo 2030

Kingdom is committed to providing equal opportunities to all participating countries

Saudi fostering AI excellence by launching International Center for Research and Ethics

Center aims to enhance competencies, develop legislative frameworks in the AI field

Saudi telecommunications companies record profits of $1.5 billion

Driven by increase in subscriptions and digital bank initiatives

Saudi raises mining sector’s GDP contribution target to $80 bn

Kingdom to host the Future Minerals Forum in January, 2024

Saudi Arabia Economy: Know about trillion dollar economy

The Kingdom is set to remain in the trillion-dollar club through 2026

Saudi boosts bid to become region’s corporate hub

More than 180 companies granted licenses to operate in the kingdom

Saudi explores potential $250 mn investment in Chinese automotive market

PIF contemplates $3 bn purchase of Shanghai-based Human Horizons

Saudi launches ‘Visiting Investor’ visa to attract investments

The kingdom expands its e-visa program under Saudi Vision 2030

Saudi non-oil sector records highest employment rate since 2014

Strong demand for production led to increase in employee numbers

Saudi rises to second spot in G20, 4th globally for digital readiness

Driven by regulatory reforms, strong digital foundations

Saudi construction activity at the forefront in Middle East and Africa

Middle East and Africa record a reading of +34 in Q3 2023