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Economy Middle East Summit
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Saudi Arabia
Logistics
Saudi airlines take spotlight at Paris Air Show
Saudia and flynas place orders with Boeing and Airbus, respectively
Energy
Global oil fundamentals to be supported by robust demand from China, India: Aramco
Strong demand growth of over 2 mn barrels per day expected this year
Economy
Saudi regulations, deal-making attracting legal companies and FDI
Saudi reached its highest GDP rate in over ten years at 8.7 percent in 2022
Logistics
Riyadh Air inks deal with GE Aerospace to boost new fleet
Partnership includes a service agreement to ensure airline's operational efficiency
Banking & Finance
Will Saudi’s PIF win the bid for Vale Metals?
Public Investment Fund and state miner Maaden bid $2.5 billion for base metals stake
Markets
First Mills successfully lists on Saudi’s Tadawul following IPO
$888 mn market capitalization achieved by company after listing
Miscellaneous
2030 World Cup joint bid uncertain as Egypt, Greece mull withdrawal: Report
Despite Saudi infrastructure investment offer
Economy
S&P: Important role for Saudi debt market to achieve Vision 2030
This June 15, Tadawul market cap exceeded $2.9 trillion.
Banking & Finance
S&P predicts substantial expansion of Saudi’s debt capital market
Spurred by foreign currency issuance, local currency debt market growth
Economy
Saudi Crown Prince participates in Riyadh’s bid ceremony to host Expo 2030
Saudi allocated a budget of $7.3 billion for the global event
Economy
Saudi Crown Prince to attend today’s Riyadh Expo 2030 host celebrations in Paris
As Riyadh competes against Rome, Odessa, and Busan to host the event
Miscellaneous
Is Ruben Neves set to join Al-Hilal in Saudi for Soccer?
Potential contract valued at $60 mn
Saudi Arabia
Cisco protects against threat actors with Saudi edge data center for cloud security services
Users are afforded the scalability of public cloud
Saudi Arabia
Post Saudi’s international auction, what is the voluntary carbon market?
Regional voluntary Carbon market to launch H1 2024 trading platform
Economy
Saudi Crown Prince Mohammed bin Salman to France for bilateral talks, Expo 2030 candidacy
MBS to lead Saudi delegation at Paris summit for new global financial pact
Miscellaneous
Chelsea’s star Kante poised for Saudi’s Al-Ittihad switch in $108m deal
Proposed move expected to be signed within the next 24 hours
Economy
A new modernized Silk Road between Saudi and China
The two countries have enjoyed strong economic ties for decades
Banking & Finance
Moody’s adjusts outlook for Saudi banking sector to positive
Praise for Kingdom's reform plan and its ability to support banks
Economy
Non-oil activities led Saudi’s economy to grow 3.8% in the first quarter
Growth of non-oil activities up 5.4 percent in the first quarter of this year
Miscellaneous
Sports in Saudi an economic diversification playbook
Crown Prince wants domestic league to be one of ten strongest globally
Economy
IMF issues key recommendations for Saudi Arabia
Fund sees non-oil growth in Saudi to stay strong, averaging 5%
Miscellaneous
Benzema, Hudson bring GCC soccer standards to highest global levels
Benzema joined Saudi Roshn champion Al-Ittihad after Real Madrid exit
Miscellaneous
PGA Tour, DP World Tour join forces with Saudi-backed LIV Golf
New partnership to unify the game of golf
Miscellaneous
Saudi unveils sports investment project as PIF takes over leading football clubs
Project aligns with objectives of Saudi sports within Vision 2030
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