Saudi Arabia

PIF acquires 30 percent stake in Masdar Building Materials company

PIF’s investment will enable Masdar to transform its operations through digital technology

LEAP 2025: $1.78 billion in tech investments announced as sports and startups take center stage

Equinix announced a $1 billion investment to launch the region’s largest data center in Saudi Arabia

Saudi Arabia’s industrial production index surges by 2.1 percent in December 2024: GASTAT

Growth is driven by growth in manufacturing, water supply, sewerage, and waste management and remediation activities

Saudi Arabia’s King Khalid International Airport earns airport carbon accreditation for emissions management

Milestone was attained through the transformation of airport operations and those of its commercial partners

stc, Cohere partner to advance Generative AI innovation in region

Partnership seeks to revolutionize AI capabilities with advanced AI-powered solutions

$640 billion investment needed annually to address growing oil demand, says OPEC Secretary-General

Cumulative investment requirements are estimated at $17.4 trillion between 2024 and 2050

LEAP 2025 continues groundbreaking announcements with over $7.5 billion in tech, AI investments

LEAP 2025 boosts Saudi Arabia's tech leadership, driving innovation and sustainable transformation globally

LEAP 2025: Saudi Arabia solidifies status as global AI hub with $14.9 billion investment

On the event's first day, Saudi Arabia announced major investments in AI, cloud computing, and digital transformation

Saudi Arabia ranks highest among G20 countries in safety index

92.6 percent of Kingdom's population feeling safe walking alone at night in their neighborhoods

LEAP 2025: A conversation with Annabelle Mander, EVP of Tahaluf

Insights on this year's groundbreaking themes, innovations, and the event's role in supporting Saudi Arabia’s Vision 2030

Saudi telecom giant stc Group launches newly rebranded BPO subsidiary at LEAP 2025

Upsource by solutions offers outsourcing services in HR, finance, operations management, and customer experience, driving improved business efficiency

Saudi Arabia launches King Salman Automotive Cluster, targeting $24.5 billion GDP boost by 2035

The hub will drive Kingdom's economic diversification and serve as a catalyst for sustainable transportation

LEAP 2025 to highlight innovation through culture, entertainment and heritage

Program will span a week, continuing until February 13, at various locations throughout Riyadh

Saudi Arabia: Fiscal Sustainability Program plan completed, a milestone achievement for Vision 2030

The program boosted non-oil revenues from SAR186 billion in 2016 to SAR458 billion in 2023

Saudi Arabia’s debt capital market poised to exceed $500 billion by end of 2025: Report

Fitch has reaffirmed Kingdom's credit rating at A+ with a stable outlook

Riyadh and Jeddah to see 394,900 square meters of new lifestyle retail space by 2027: Report

Since 2021, Saudi Arabia’s lifestyle retail market has evolved significantly, driven by Vision 2030 ambitions

Saudi Arabia opens domestic private aviation market to international operators

New policy will come into effect on May 1, 2025, allowing foreign charter operators to apply for permission to operate domestic flights

Saudi Fund for Development, Pakistan finalize $1.2 billion financing agreement for oil derivatives

Saudi Arabia's SFD has provided $6.7 billion in oil derivatives support to Pakistan since 2019

LEAP 2025: Inaugural Tech Arena to offer ‘Live TV’ platform for next-gen innovations

Tech Arena will offer first look at next-gen design couture, medical tech, robots, AI and more

Saudi Arabia’s non-oil economy records best performance since 2014 in January, says PMI

Saudi Arabia witnessed a rise in export sales, which was another factor behind the sharp increase in total new orders

Red Sea Residences: Investors, residents can now own homes in the The Red Sea

First development under Red Sea Residences revealed to date is located on the Shura Island

Saudi Arabia’s real GDP sees 4.4 percent growth in Q4 2024, highest in two years

In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year

INTERPOL to establish MENA regional office in Saudi Arabia

The signing followed a meeting where Prince Abdulaziz and the INTERPOL president discussed mutual interests