Skip to main content Skip to footer 
The total net profit of Saudi banks rose to SAR80 billion in 2024 from SAR70 billion in 2023
The two sides welcomed the upcoming reestablishment of the Saudi-Ukrainian Business Council in 2025
Nasser noted that new energy sources do not replace traditional ones; they complement them
The Ministry recently introduced an online service to check hotel and apartment license statuses in Makkah and Madinah
The growth stemmed from a 4.3 percent rise in non-oil and a 2.6 percent increase in government activities.
Al Waha to drive growth in Saudi Arabia's travel retail market by enhancing the traveler experience
Demand deposits, which constitute the largest share, accounted for 49.3 percent of the total liquidity at SAR1.440 trillion
Season seeks to revive cultural heritage and promote Saudi identity through a variety of Ramadan-themed activities
The project more than doubles the capacity from 1.8 million twenty-foot equivalent units (TEUs) to four million TEUs
This initiative aims to boost capacity for travelers from Europe and the United States to Saudi Arabia
The sector's rapid growth is on track to reach 5 percent of GDP two years ahead of schedule
Data usage during Ramadan has already increased by 37 percent while voice services increased by more than 18 percent
Authority will bolster Saudi Arabia's investment landscape and aims to consolidate the Kingdom’s position as a world-class investment hub
The parties will share expertise and consider SACE's $3 billion support for PIF-led projects
Growth-stage investments accounted for 67 percent of total transactions in 2024, up from 43 percent in 2023
Forum seeks to create a comprehensive ecosystem that supports education and career development in hospitality
Saudi Arabia's PMI recorded 58.4 in February, down from its strongest reading in just over a decade of 60.5 in January
PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region
Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase
Lebanon hopes that Saudi Arabia will lift the travel ban on the cash-strapped country
UAE-based issuances ranked second, with $38.5 billion through 109 issues, representing 26 percent of the market
In Riyadh, the villa market has seen steady growth, with average prices now approaching SAR6,000 per square meter
Ramadan is the ninth month of the Islamic lunar calendar, lasting 354 or 355 days
The Jeddah Historic District will feature unique Iftar and Suhoor experiences in historical houses
