Saudi Arabia

Red Sea Global secures $533 mn financing deal for luxury hotel on Shura Island

Investment bolsters Saudi Arabia's tourism sector, supports Vision 2030

Saudi Arabia’s mining and quarrying sector power industrial growth in December

Industrial production index witnesses 0.4 percent growth despite oil output cuts

Boeing confirms establishing regional HQ in Saudi Arabia

Move reflects Saudi Arabia's growing influence in aviation sector

SAR records over 10 percent growth in cargo transport in 2023

Partnership agreements forge path for enhanced logistics and industrial development

stc Group partners with iBASIS to boost IoT connectivity in MENA

Enhancing global communication and driving digital transformation in the region

Canadian firms eye investments in Saudi Arabia’s healthcare sector

Will strengthen bilateral cooperation in healthcare and medical services

PIF Private Sector Forum strengthens economic vision through strategic partnerships

Event concludes with commitment to Saudization and private sector empowerment

Diriyah project attracts $6 billion in private sector investments

Company to break ground on 11 new assets by the end of 2024

Xaynor: A luxurious beachfront retreat in NEOM

An exclusive getaway on the pristine Gulf of Aqaba coastline

Saudi Arabia’s traded shares exceed $52 billion in January

Despite global uncertainties, Saudi stock indexes reflect stability and growth

27 million tourists visited Saudi Arabia, spent $26.66 billion in 2023

Kingdom aims to attract 150 million domestic and 70 million international tourists

Saudi Arabia launches National Automotive and Vehicles Academy, establishes Automotive Manufacturers Association

Training program to produce qualified staff for local car manufacturing companies

Saudi Arabia’s tech firm ‘Alat’ names Amit Midha as global CEO

Collaboration with leading corporations to innovate and revolutionize industries

EFG Hermes concludes advisory on Kazyon’s acquisition of 50 percent stake Dukan in Saudi Arabia

Following collaboration in Kazyon's $76.5 million capital raise/private placement in 2014

JCDC signs $3.2 billion contracts for new landmarks in Jeddah

Landmarks boost national economy, align with the goals of Saudi Vision 2030

Saudi Arabia achieves $16 billion budget surplus in Q4 2023

Due to 40.7 percent YoY decline in government expenditures

Saudi Arabia maintains A++ rating with stable outlook: Fitch

Classification reflects Kingdom's robust external financial strength

Saudi Arabia’s PIF launches today second private sector forum, unveiling new local business opportunities

Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector

Saudi Arabia’s non-oil sector grows, PMI records 55.4 in January

Economic expansion continues amid inflationary pressures and supply chain risks

Royal Commission for AlUla launches ‘I Care’ heritage campaign

To protect and promote the rich cultural legacy of northwest Arabia