Saudi Arabia

Saudi attracts $1.97 bn FDI in Q1

Inflows rose 9.5% compared to the same period in 2021

The Saudi Cabinet approves a series of new laws

Companies Law facilitates establishment of organizations, encourages bold investment

Saudi banking sector Q1 net profit increases 22.83%: KPMG

The banking industry showed a resurgence with an increase in profit of 40.15%

Saudi invests SAR 12.75 bn in vaccines, vital medicines

Saudi's vital sector is estimated to have a yearly worth of $2 bn

SABIC launches program to develop EV technology

With a focus on structural battery performance

Saudi Crown Prince-Erdogan meeting: agreement to develop cooperation

Trade exchange during 5 years amounted to about 103 billion riyals

Final statement of the IMF mission: The economic prospects for Saudi positive

The Fund expects the Kingdom's GDP to grow by 7.6% this year

The Crown Prince in Jordan.. Saudi the largest investor with $14 billion

The Saudi-Jordanian Fund is a leap in promoting joint investments

Saudi’s Ministry of Human Resources registers SAR34.7 bn in revenues

Revenue from expatriate fees amounted to 6.86 billion riyals

Saudi’s Alamar IPO: Offering price range set between 103, 115 riyals

Alamar to raise about 1.2 billion riyals by offering some shares on Tadawul

Saudi first to join Amazon’s entrepreneurial program

The program aims to establish logistics start-ups

Sheila Alrowaily’s first interview after SAMA’s appointment

"The Kingdom's leadership has promoted Saudi women to many positions"

Saudi reports $4 bn investment deals in Q1

101 deals to create 5,800 new jobs in the domestic economy

Only these residents will be able to visit Saudi without a visa

Domestic workers might be excluded form the visa-free travel scheme

Annual inflation in Saudi rises to 2.2% in May

Blame the increase in food, beverage, and transportation prices by 4.2%

Saudi’s Qoot, Deliverect team up to empower Saudi’s F&B industry

The partnership will help Qoot manage digital orders more efficiently

Saudi assesses compensation if delaying, damaging passenger’s luggage

Airline must pay minimum of SAR1,820 and no more than SAR6,000 in such cases

Europe raises demand for Saudi oil amid ban on Russian oil

Saudi’s crude oil production capacity to reach 13.3-13.4 million BPD

Saudi signs $1.15 bn infrastructure development projects

Alkhorayef Water awarded four contracts worth $493 mn contracts in Saudi

Sheila Alrowaily, the first woman to serve on SAMA’s board of directors

Increasing share of women in work in MENA could increase the GDP to $2 tn

Subsidiary to Saudi PIF buys a $1bn chunk of Embracer gaming group

The games and esports company will hold 8% of the shares