Saudi Arabia

Saudi capital market’s AUM grows 20.9 percent to record $266.6 billion in 2024, says CMA

The number of subscribers in public and private funds exceeded 1.72 million, an annual increase of 47 percent

Saudi Arabia sees 21.5 percent of internet users, 27.3 percent of young adults engaging with AI: Report

Kingdom is reinforcing its position as a regional hub for innovation and digital transformation

Saudi Arabia’s PIF to invest $170 billion in Europe by 2030 as it opens new Paris office

The economic impact of the PIF's investments in Europe is expected to reach $105 billion by 2030

Saudi Arabia’s inflation reaches 2.3 percent in April 2025, among lowest in G20 nations

GASTAT measures prices through a fixed basket of 490 goods and services paid by consumers

Oil prices set for second weekly rise as trade tensions ease — Brent gains 0.02 percent

Both Brent and WTI were up 1 percent so far this week after a surge earlier in the week

Gulf sovereign wealth funds and the Santiago Principles: Navigating a new era

Funds from the region have largely operated with commercial considerations, emphasizing governance, independence, and long-term investment strategies

STC Bank: Pioneering digital banking with Saudi cultural innovation

How a home-grown digital bank is reshaping financial services in the kingdom

First Saudi satellite for space climate set to launch under Artemis II mission with NASA

The satellite mission aims to localize space technologies and boost local content in industries 

Saudi Arabia’s wholesale inflation hits 6-month high at 2.0 percent in April 2025

Agricultural and fishery product costs surged, leading to the acceleration in wholesale price inflation

Aramco inks 34 deals worth $90 billion with U.S. companies during Trump’s Gulf tour

Agreements cover keys sectors including LNG, fuels, chemicals, emission-reduction technologies and AI

Hyundai and Saudi Arabia’s PIF launch $500 million car factory to produce EVs by 2026

PIF holds a 70 percent stake in HMMME, while Hyundai possesses the remaining 30 percent

U.S. President departs Riyadh following a ‘historic’ visit

Key discussions centered on defense, energy, technology, and space collaborations between the nations