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Saudi Arabia
Real Estate
Saudi Crown Prince: NEOM most likely to be offered for subscription in 2024
"The Line" addresses urgent challenges facing humanity
Logistics
Saudi achieves largest monthly trade balance surplus in 6 years
Non-oil exports increased by 27% to $7.4 billion
Banking & Finance
Saudi grocery chain to buy majority stake in France’s TF1
The deal is worth 192 million riyals
Hospitality & Tourism
Saudi to cut airport charges by 35% amid continuing privatization
Airports to be granted flexibility to reduce charges below announced caps
Banking & Finance
Saudi’s Kingdom Holding invests $269 mn in a British company
In May, Saudi's PIF purchased a 16.87% stake in KHC
Economy
Moody’s projects Saudi economy to grow at 3.9% by 2026
Supported by large fixed stock of oil reserves, stable financial system
Banking & Finance
Venture Capital investments in Saudi up 244% during H1 2022
To a record-high of SAR 2.19 billion
Energy
Saudi: “We do not see oil shortage in market, only in refining capacity”
Saudi Foreign Minister Prince Faisal bin Farhan on official visit to Japan
Economy
Biden to announce $1 bn in food security funding at summit today
Saudi, US sign 18 agreements and cooperation memoranda
Economy
King Salman, Biden discuss ways to strengthen Saudi-US relations
The Crown Prince and the US President shake hands with fists
Energy
Biden in Saudi this evening, oil production file in possession
America acquires 11% of Saudi foreign trade in 10 years
Banking & Finance
The PIF acquires about 17% of Aston Martin
The Public Investment Fund is betting on the future of the automotive and transportation
Logistics
Saudi Arabia opens its airspace to all air carriers that meet requirements
It seeks to transform the Kingdom into a global hub for air travel
Economy
Inflation in Saudi Arabia rises to 2.3% in June
Food and beverage segment has the greatest impact
Hospitality & Tourism
What was the occupancy rate for Saudi’s hotels in June?
In May, Jeddah reported its highest performance level since 2019
Hospitality & Tourism
flynas to become first Saudi airline to offer installment payment options
flynas teamed up with Amazon to offer the new service
Economy
Saudi non-oil private sector gallops despite inflation
S&P: Upturn underlined by a robust increase in new business levels
Economy
Saudi, UAE allocate $9 bn to support citizens, tackle inflation
Allocations targeted several sectors including food and unemployment
Economy
Saudi appoints two women to senior roles in government
Royal orders included the appointment of two deputy governors of SAMA
Markets
Aramco, stc lead Tadawul’s single-stock futures trading
Single-stock futures will allow for more efficient portfolio risk management
Markets
Saudi’s Alamar sets final IPO price range at SAR 115 per share
The IPO order book was 47.5 times oversubscribed
Energy
Saudi embraces a new smart eco-friendly city
Alnama will have 100% renewable energy
Economy
Saudi’s jobless rate falls to lowest since 2008
It registered 10.1 percent at the end of Q1
Hospitality & Tourism
New mega project in Saudi to attract 25 million visitors annually
Saudi planning to develop a trillion-dollar global tourism economy
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