Saudi Arabia

Saudi Air Connectivity Program introduces direct flights from Stuttgart to Jeddah

This initiative aims to boost capacity for travelers from Europe and the United States to Saudi Arabia

stc raises connectivity speed by over 120 percent in the Two Holy Mosques during Ramadan

Data usage during Ramadan has already increased by 37 percent while voice services increased by more than 18 percent

Saudi Arabia approves launch of Investment Marketing Authority to support growth in key sectors

Authority will bolster Saudi Arabia's investment landscape and aims to consolidate the Kingdom’s position as a world-class investment hub

FHS Saudi Arabia launches NextGen Investment Forum to deliver future leaders in hospitality

Forum seeks to create a comprehensive ecosystem that supports education and career development in hospitality

Job creation in Saudi Arabia’s non-oil sector climbs to second-highest in over a decade: PMI

Saudi Arabia's PMI recorded 58.4 in February, down from its strongest reading in just over a decade of 60.5 in January

UAE reaffirms commitment to full conformity with OPEC+ voluntary production adjustments

The eight OPEC+ countries plan to fully compensate overproduced volumes by June 2026

PIF, Goldman Sachs Asset Management to partner on investments in Saudi Arabia and GCC

PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region

ATM 2025 to host over 2,600 exhibitors from more than 161 countries as international tourism grows

Europe is on track for a steady growth of 12 percent, with participants from across the continent participating in the upcoming edition of ATM

Saudi Arabia’s Aramco reports $106.2 billion net income for 2024

Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase

MENA startups raise $494 million across 58 deals in February, up 371 percent 

Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising

Saudi Arabia: Real estate sector’s contribution to GDP doubles to 12 percent in 2024

In Riyadh, the villa market has seen steady growth, with average prices now approaching SAR6,000 per square meter

Building a responsible AI future in Saudi Arabia

Responsible AI governance provides the foundation for safe, ethical and scalable innovation - ensuring AI benefits society and driving sustainable growth