Saudi Arabia

Saudi Arabia’s Tourism Development Fund set to transform Riyadh’s downtown

Collaboration marks a milestone in Riyadh's evolution in line with Vision 2030

With $2.5 trillion in mineral resources, Saudi Arabia set to become global mining hub

Saudi Arabia's Vision 2030 serves as the driving force behind the nation's strategic endeavors in the mining industry

ACWA Power net profit soars 8 percent to $443 million in 2023

The company’s board approved a dividend payment of SAR 329.0 million for 2023, payable in 2024

Riyadh Air, Adobe partner to deliver personalized AI-driven travel experiences

Adobe's Experience Cloud to power airline's vision of personalized travel journeys

Red Sea National Academy launched to train next generation of tourism leaders

The academy aims to train 10,000 participants by 2030

Saudi Arabia launches strategy and academy to develop human capabilities in industry, mining

The new academy will offer direct training programs for professionals and graduates

MWC 2024: Ericsson, stc Group’s iot squared sign MoU with aim to transform Saudi Arabia’s waste landscape

Digitizing waste flows to enable optimization, monetization of waste and recycled raw materials

Saudi Arabia launches clean diesel, Euro-5 gasoline in local markets

The move solidifies the Kingdom's position as a leader in sustainable efforts within the Middle East and North Africa region

Saudi CEOs’ confidence in Kingdom’s economic growth, AI Impact reaches 89 percent: Report

GenAI predicted to boost product quality, competitiveness, and workplace efficiency

Saudi Arabia welcomes over 100 million tourists in 2023, surpasses Vision 2030 targets

Saudi Arabia has led the G20 in international tourist growth rate in 2023

Saudi Aramco signs multiple supply deals worth $6 billion

The agreements are aimed at fostering localization and supply chain development

Moody’s affirms top credit ratings for key companies in Saudi Arabia

Ratings reaffirm financial resilience and strategic importance within national economy

Surge by 10 percent in Saudi Arabia’s industrial units, reaching 11,549 in 2023

The rise falls in line with the Kingdom’s plan to achieve target of 36,000 plants by 2035

Bahrain exports of national origin products reach $928.49 million in January

The total value of re-exports increased by 15 percent to reach $177.72 million

Riyadh Season 2023 draws in more than 72 million visitors globally

The initiative recorded over 6,000 licenses for 230 entertainment destinations

Saudi Aramco discovers 15 trillion cubic feet of gas in Jafurah field

Jafurah field's resources reach 229 trillion cubic feet of gas and 75 billion barrels of condensate

64 percent of consumers in Saudi Arabia regard Ramadan as opportune time for new purchases: Report

Appetite for spending in the Kingdom soared 46 percent ahead of Ramadan 2024

Saudi Arabia and China ink agreement to develop air transport

The partners are exploring opportunities for economic growth and technological advancements

Saudi’s TAQA aims to quadruple investments in 3 years, focus on Egypt

Egypt is creating favorable opportunities for companies interested in investing in the country

Pakistan sets sights on $20 billion trade surge with Saudi Arabia

Saudi Arabia-Pakistan trade currently stands at $5.7 billion