Saudi Arabia

Trump secures $600 billion investment commitment in Saudi Arabia, says White House

In the coming months, the two countries will work to raise that number to $1 trillion, Saudi Arabia's Crown Prince said

U.S. seeks stronger tech ties with Saudi Arabia, Middle East partners

Sacks emphasized that collaboration with Saudi Arabia is crucial for advancing AI and driving global innovation

Saudi-U.S. Investment Forum: Aljadaan, Bessent discuss strengthening economic ties

Bilateral trade reached nearly $32 billion in 2024 and included prominent sectors such as machinery, vehicles and pharmaceuticals

Trump’s visit strengthens Saudi Arabia’s position as global hub for digital economy, innovation and space, says Alswaha

Alswaha said the Kingdom’s signing of the Artemis Accords underscores its commitment to the future $2 trillion global space economy

Saudi-U.S. Investment Forum kicks off as Trump lands in Riyadh

Forum seeks to explore new opportunities to further strengthen ties between Saudi Arabia and the U.S., focusing on seven main sectors

Trump arrives in Saudi Arabia, kicks off Gulf tour seeking major economic deals

American business leaders will participate in the Saudi-U.S. Investment Forum currently taking place

Saudi Arabia’s communications and technology market size hits $48 billion in 2024

The median mobile internet speed in the Kingdom has reached 129 Mbps, ranking fourth among G20 countries in 2024

Saudi Arabia Crown Prince launches HUMAIN, a PIF-owned company to invest in AI

HUMAIN will streamline various data center initiatives, procure hardware and accelerate the adoption of AI technologies

Trump’s Middle East trip to strengthen economic, strategic bonds with Gulf allies

Secretary Rubio will join the President during his trip to the Middle East to strengthen ties between the U.S.

Saudi aviation sector contributes $90.6 billion to GDP, supports 1.4 million jobs: IATA

Saudi Arabia aims to be a global aviation hub with strong growth expected via infrastructure investments

Saudi Arabia: Tadawul’s market cap grows 463 percent in 10 years, fueling economic transformation

Between 2014 and 2024, Tadawul's main market hosted 91 IPOs for an aggregate offering value of about $65 billion

Saudi Arabia explores local aircraft manufacturing partnership with Airbus

Alkhorayef affirmed Kingdom's readiness to address Airbus's supply chain challenges by leveraging its vast mineral resources

Saudi Arabia leads MENA IPO market as proceeds reach $2.4 billion with 106 percent YoY growth

Saudi Arabia recorded 12 out of 14 listings in the MENA region during this quarter

Saudi Arabia, U.S. to sign landmark mining pact advancing Vision 2030

HRH Saudi Crown Prince Mohammed bin Salman chaired a Cabinet session highlighting this crucial partnership initiative

Saudi flynas plans IPO with 51.26 million ordinary shares, 30 percent of total capital

IPO will include 33.83 million existing shares sold by current shareholders and treasury stock 

Saudi Arabia’s residential real estate poised for growth amid government initiatives, heightened demand

Affordability challenges arise amid record mortgage growth and new regulations 

Saudi Arabia leads MENA in digital government services maturity with 96 percent rate in 2024

The country advanced from fourth place in 2020 to first in 2024 with remarkable strides

Saudi Arabia launches 6 major initiatives at GOSH7 to improve workplace standards

Al-Rajhi reaffirmed Saudi Arabia's commitment to protecting people and ensuring safe work environments according to the highest standards

Saudi Arabia non-oil sector employment climbs, reflecting continued growth momentum

Saudi Arabia's economy grew 2.7 percent in Q1, driven by non-oil sector activities and diversification

Makkah sees 162 percent surge in tourist spending during Ramadan, says Visa

Madinah saw a 64 percent increase in visitor spend during Ramadan

Riyadh Air signs 11 major agreements with global partners at ATM 2025 to serve 125 countries

Deals will enable Riyadh Air to boost its brand visibility while promoting its diverse range of flight services and products

Saudi Arabia’s PIF prices $1.25 billion international sukuk offering

The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion

Saudi Arabia’s aviation market officially opens to international charter flight operators

Decision marks a major milestone in GACA’s strategy to transform Saudi Arabia into a global aviation hub