Saudi Arabia

Saudi Arabia’s PIF sells 2 percent stc stake, raises $1.03 billion

PIF’s remaining stake in stc equates to 3.1 billion shares or 62 percent

Cityscape Global 2024 offers attendees access to entire real estate ecosystem

Future of Living Stage reveals 135km "green spine" to enhance quality of life in Riyadh for both tourists and residents

Cityscape 2024: Sakani pavilion attracts 14,756 visitors, books 2,299 residential units valued at $306 million

The program's financial advisory service conducted 394 consultations on-site at the pavilion 

Cityscape Global 2024 reveals $3.36 billion worth of new projects, strategic agreements

More than $3.2 trillion AUM in Real Estate Assets represented during Cityscape Global

Cityscape Global 2024: Sustainable Diriyah master plan draws crowds

First phase of the project is on target for completion for Expo 2030

Cityscape Global 2024: ICON reveals Network of City Innovators, a platform for collaborative urban solutions

The platform aims to tackle complex urban challenges requiring collective expertise and diverse perspectives

Saudi Arabia’s NEOM appoints partners for first phase of The Line

Starting in early 2025, several architects will undertake the planning and design of the neighborhoods within phase one

Cityscape Global 2024 kicks off in Riyadh to showcase real estate sector’s latest trends

This year’s Cityscape Global Institutional Investor Program promises to unlock regional and global opportunities, particularly in Saudi Arabia

Saudi Arabia launches beta version of virtual travel companion Sara AI

Sara sets a new benchmark as the first digital human travel companion developed for a national tourism board

Saudi flynas reinforces European Network during World Travel Market 2024 in London

Throughout its booth, flynas demonstrated its latest products, offerings, Umrah and travel packages

Saudi Aramco achieves Q3 revenue of $111.1 billion, $27.6 billion in net profit

“Aramco delivered robust net income and generated strong free cash flow during the third quarter, despite a lower oil price environment,” Eng. Nasser said

stc Group achieves highest 9-month revenues of $15 billion, $2.98 billion in net profit

Total revenues grew 3.92 percent compared to the same period last year 

FII8 conference concludes with global launches, investments and initiatives

World leaders and decision-makers convene to share insights into initiatives that address critical challenges and improve the lives of citizens

81.4 percent of Japan’s oil imports sourced from UAE, Saudi Arabia in September 

UAE stood out with 31.33 million barrels, while Saudi contributed 27.98 million barrels 

Saudi Arabia’s PIF signs five deals worth $51 billion with top Japanese financial institutions

Agreements play a key role in the fund's strategy to boost financial collaboration globally and enhance cooperation in key sectors

FII8: Saudi Arabia’s ministry of investment announces five deals in key sectors

SBI Holdings and BIM Ventures aim to attract over $200 million in foreign direct investment and manage assets exceeding $2 billion

FII8: Aramco, Riyadh Air ink agreement to collaborate in low-carbon fuel supply, sustainability

Partnership aligns with Riyadh Air's ambition to become a leading global airline committed to sustainability and low-carbon fuels

Global Health Exhibition sees $13.3 billion in deals signed over three days

The event, now in its seventh edition, saw a 72 percent increase in international attendance from over 138 countries

764 major deals drive $15.79 billion in Abu Dhabi, Dubai bourses this year

At ADX, there were 549 transactions, encompassing 16.6 billion shares valued at AED55.4 billion

stc Group’s tali ventures leads $10 million investment in Series B funding for NorthLadder

This funding round was spearheaded by tali ventures, with additional contributions from the Dutch Founders Fund and Crescent Ventures

FII8: NBK’s Shaikha Al-Bahar spotlights role of AI, fintech in driving banking growth

The future of banking will be defined not by head-to-head competition with fintech companies, but by cooperation

FII8: Non-oil GDP now represents 52 percent of Saudi economy, Aljadaan says

The Minister noted that women's participation in the workforce has reached 35 percent, surpassing the vision's target of 30 percent 

FII8: stc Group joins hands with three new partners for Sustainability Champions program

The Group further reinforces its commitment to sustainability, connectivity, and technological advancement at FII8