Saudi Arabia

Saudi Arabia discovers 14 new oil and gas fields in Eastern Region, the Empty Quarter

The discoveries include six fields and two reservoirs of Arabian oil, as well as two fields and four reservoirs of natural gas

Dubai, Abu Dhabi achieve top rankings in 2025 smart city index

AlUla in Saudi Arabia, Kuwait City in Kuwait, and Manama in Bahrain have emerged as notable contenders

Saudi Aramco, China Sinopec announce Yasref petrochemicals complex expansion

This initiative aims to boost Yasref's capabilities and global standing in the petrochemical sector

Saudi PIF-backed Lucid Group secures $1.1 billion from convertible senior notes due 2030

The new issue is structured efficiently with PIF support from prepaid forward share purchase

Saudi Arabia achieves top global ranking in empowering women in AI sector: Report

The Kingdom ranked third in AI job growth for 2024 and fourth in leading AI models

World Bank commends Saudi Arabia for energy efficient desalination advancements

Operational efficiency comes from innovations like reverse osmosis membranes and energy recovery systems

Sports Investment Forum spotlights Saudi Arabia’s role in enabling sports as a sustainable economic contributor

Saudi Arabia's sports sector is expected to grow from $8 billion to $22.4 billion by 2030

UAE bonds and sukuk surge to $309.4 billion by Q1 2025, up 8.3 percent YoY

UAE's debt markets are growing, reflecting its expanding financial ecosystem and strategic sukuk position

Riyadh Air to launch commercial flights this year after securing operational license

Riyadh Air is projected to fly to more than 100 destinations by 2030, supported by an order of over 132 aircraft

Saudi PMI shows resilience in non-oil private sector growth for March

The pace of growth has moderated from January's near 14-year high 

Saudi travel surplus hits record $13.3 billion in 2024, marking 7.8 percent yearly growth

Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023Â