Saudi Arabia

Saudi Aramco’s Luberef records net profits of SAR1.97 bn in 2022

Cash dividends proposed, representing 50 percent of its capital

New Murabba could play pivotal role in Riyadh Expo 2030 bid

Investments in place to transform Riyadh into a global metropolis

Largest Riyadh downtown project to add $48 billion to Saudi GDP

New company launched to oversee project construction

Saudi’s PIF pouring more investments into video games

Increasing stakes in Electronic Arts, Take-Two, and Nintendo

World Defense Show to return for a second edition in Saudi

Show to achieve localization of 50% of expenditure on equipment

The four futuristic megacities of Saudi’s NEOM

Several new projects in the works to diversify Kingdom's economy

Saudi’s first woman astronaut to go to space this year

In a feat that supports the Kingdom's Vision 2030

Huawei planning to launch a USD400 mn cloud region in Saudi

The investment aims to boost Kingdom's digital economy

PwC Middle East signs MoU with DGA, IPA, and Flat6Labs

To accelerate innovation in the public sector

stc launches its corporate investment fund

To invest in 9 advanced technological areas, including fintech, cybersecurity

Saudi’s PIF receives over USD12 bn in green bond orders

Bonds comprise 3 tranches with tenors of 7, 12, and 30 years

Love is in the air at Hilton Riyadh Hotel &Residences

Hotel promises a unique experience full of romance

LEAP 23 announces USD9 bn worth of investments

To support future technology and startups

2027 Asian Cup in Saudi Arabia to boost local property market

Market risks must be overcome for long-term benefits

Saudi to build indoor vertical farm, largest in MENA

New farm to produce 1.1 million kg of agricultural crops yearly