Saudi Arabia

Mastercard, Amazon Payment Services to enable digital payment acceptance across Middle East and Africa

The payment service provider will use Mastercard Gateway for quick, seamless, and secure transactions in the region

Saudi Arabia sees 656 percent surge in leisure tourists, welcoming 4.2 million in early 2024

The Kingdom welcomed 17.5 million international tourists from January to July 2024

Job losses in travel and tourism hit 70 million with women and youth facing sharp declines: WTTC

The report highlights the travel and tourism industry's potential for inclusive growth and the urgent need for action

Saudi Crown Prince launches Riyadh Non-Profit Foundation to drive social development, foster Innovation

The Foundation's mission is to support institutional and social initiatives and boost research

Saudi Arabia engaging in high-level discussions with SpaceX to boost space exploration, infrastructure development

The meeting is part of the Kingdom's ongoing initiatives to advance its space sector and improve infrastructure

Oman, Saudi Arabia trade exchange exceeds $2.63 billion in June 2024

Saudi Arabia's direct investments in Oman reached $314.63 million, up from $209.41 million in 2021

Saudi National Day: Kingdom commits to quality of life from unification to Vision 2030

Kingdom recalls the journey of development that began with unification by King Abdulaziz bin Abdulrahman Al Saud

UAE celebrates 94th Saudi National Day, reinforcing fraternal ties as non-oil trade soars to $280.96 billion from 2014 to 2023

The fraternal ties between the UAE and Saudi Arabia exemplify a unique model of collaboration

Saudi National Day 2024 guide: Places and concerts to visit, and things to do to enjoy long weekend

Saudi National Day activities will start on Friday, September 20, and will continue until Monday, September 23 in regions across Saudi Arabia

Saudi Arabia’s PIF to create 11,000 jobs as it launches QSAS company

QSAS will develop interactive and creative cultural, historical and heritage storytelling experiences

Non-hydrocarbon sectors poised to drive strong GCC economic growth this year: Report

Deal-making in the region remained active, with 214 transactions recorded in H1 2024

Saudi Arabia’s Crown Prince pledges $5 billion investment in Egypt through PIF

Saudi Arabia to provide additional facilities for companies operating in the new and renewable energy sector in Egypt

Saudi-Egyptian investment protection deal to launch in two months, says PM Madbouly

The trade between Saudi Arabia and Egypt surpassed $33 billion during 2022 and 2023

Saudi Crown Prince and Egyptian Prime Minister discuss bilateral relations, aspects of cooperation

Several prominent figures from both sides were in attendance at the meeting 

Saudi Arabia launches ‘Our Guests Are Our Priority’ campaign to improve hospitality standards compliance

The campaign's initial phase centers on media and awareness initiatives that engage various stakeholders in the tourism sector

Saudi Arabia’s Fourth Milling Company to raise $228.9 million from IPO

The price range for the IPO was set between SAR5 and SAR5.30 per share

Saudi Arabia’s Ma’aden acquires 25.1 percent stake in joint venture for $1.1 billion from U.S.-based Alcoa

Transaction consideration comprises approximately 86 million shares of Ma’aden worth ​$950 million and $150 million in cash

Saudi Arabia’s annual inflation rate stands at 1.6 percent in August 2024, highlighting economic robustness

This stability positions Saudi Arabia's inflation rate among the most dependable globally

S&P affirms Saudi Arabia’s A/A-1 credit rating, citing reforms and non-oil growth

The agency noted that the Kingdom’s outlook improved to ‘positive'

Cityscape Global 2024: Discover the Future of Living in Saudi Arabia

This year’s edition will see the premier real estate event introduce new halls and features

Safeguarding the digital future of Saudi Arabia

Cybersecurity is emerging as a linchpin in country’s Vision 2030 agenda

How the UAE and KSA are shaping the future of gaming and esports

Thanks to visionary leadership, cutting-edge infrastructure, and a focus on talent development

Saudi Arabia’s grocery opportunity

Disruption, differentiation and digitization make Saudi Arabia’s grocery sector one of the world’s most exciting — and ripe for change