Saudi Arabia

Saudi stock market boom boosts Tadawul 2021 profits to 17.4%  

Net profit amounted to 587.7 million riyals ($156.64 million) at the end of 2021

Masterplan for Prince Mohammed Bin Salman Nonprofit City revealed

City located in the Irqah neighborhood, in a 3.4 km2 area

“International Defense Exhibition” helps achieve Saudi Vision 2030

Anticipation of an economic contribution reaching $186.6 million

Saudi Arabia’s actual budget deficit lower than 2021 estimations

Non-oil sector constituted 88% of the total increase in actual revenues

Big Saudi pharma choosing an IPO growth strategy

A mega IPO-filled 2021 is encouraging large companies to sell shares

Saudi Aramco ranks second in the world in market cap

Aramco announces in March its top financial results for 2021

Saudi Arabia a natural “incubator” for startups

SMEs among the most important drivers of economic growth

Al-Rumayyan: Aramco continues to secure the world’s energy needs

Sustainability in the Aramco hierarchy of priorities

STC achieves highest increase in profits since 2007

STC net profit increased by 316 million riyals from the previous year

BNPL changing payment habits in UAE, Saudi, globally

BNPL is framed as an interest-free alternative to credit card payments

Saudization aims include more Saudi women workforce participation

The number of Saudis in the labor market reached over 1.9 million

Saudi mining industry good as gold

The Saudi mining sector in 2021 reached 83 billion riyals ($22.41 billion)

Transportation prices raise annual inflation in Saudi to 1.2%

Saudi expects an inflation rate of 1.3% in 2022, and 2% in 2023 and 2024

Will Saudi’s PIF issue green bonds soon?

PIF’s ranking rose to sixth in the world, having compiled assets worth $580 billion

Saudi industry 4.0: Privatization, employment core to growth strategy

Saudi is one of the world’s fastest-growing countries in manufacturing

Saudi’s Crown Prince transfers 4% of Aramco shares to PIF

Transfer part of Saudi's long-term strategy to restructure its economy

Saudi Aramco… turning big ideas into bigger realities

Prosperity7 was designed for the development of next-generation technologies

NEOM, MBC GROUP to launch first AAA games studio in ME

The AAA gaming studio will form an integral part of the NEOM Media Hub

What does Moody’s giving the PIF an A1 rating mean?

The fund's assets increased to $412 billion in 2020 from $152 billion in 2015

Launch of several digital government services in Saudi

Global, regional, local audiences witnessed Saudi’s digital transformation