Saudi Arabia

ATM 2024: Saudia, Red Sea Global partner to streamline travel experiences

Agreement aligns with RSG's vision of fostering responsible and sustainable development

Saudi Aramco reports Q1 2024 net income of $27.2 billion

Cash flow from operating activities stands at $33.59 billion

Saudi Arabia’s developers poised for growth amid property shortage, government support: S&P

Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030

Saudi Arabia’s flynas to broaden UAE network, add flights to DWC, Abu Dhabi, Sharjah

With this expansion, the number of routes connecting Saudi Arabia and the UAE will increase to nine

Saudi Arabia allocates $2.5 billion to Middle East Green Initiative

Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs

Saudi Arabia’s Vision 2030 will need around $1 trillion in investments over several years: Report

Non-oil economy will continue to grow with increased government investments in Vision 2030 projects

Saudi Arabia’s internet penetration reaches 99 percent in 2023: Report

Both men and women demonstrated high levels of internet usage, with rates of 99.3 percent and 98.5 percent respectively

Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation

Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks

Oil prices inch up as Saudi Arabia increases June crude prices

Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel

Mohammed Al Naimi, CEO of ACT Group, optimistic about evolving business landscape in Saudi Arabia

Increasing competition, new technologies will help raise quality of products and services offered in the market

Four Seasons’ people and culture of service are drivers of hospitality group’s success

Innovative offers – from jet to yacht experience – continue to excite guests from around the world

John Pagano on Saudi Arabia’s ambitious Red Sea project, the story so far

Upon completion, the tourist destination could contribute SAR 22 billion to the country’s economy

The Middle East: Rise of a tourism powerhouse

Middle Eastern destinations, including Dubai, Abu Dhabi, and emerging hotspots like Riyadh and Ras Al Khaimah, saw significant tourist inflows in 2023

Abu Dhabi’s Masdar, Bapco Energies partner for wind projects in Bahrain

The joint venture aims to develop wind projects in Bahrain with a capacity of up to 2 gigawatts

Saudi Arabia set to increase assets under management to 29.4 percent of GDP by 2024

The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks

Saudi Arabia’s real GDP grows 1.3 percent in Q1 of 2024

In Q1, Saudi Arabia's non-oil activities saw a 2.8 percent annual increase

Saudi Arabia, Mauritania to cooperate in electricity, renewable energy, and clean hydrogen

The deal aims to enhance electricity system reliability through knowledge exchange and partnership

Saudi Arabia’s ACWA Power seeks to invest $10 billion in Malaysia’s renewable energy sector

Collaboration to power up green data centers in Malaysia's industrial parks

WEF Special Meeting: Tourism plays key role in boosting growth, says economy minister Al Marri

Tourism sector is expected to contribute $15.5 trillion to the global GDP by 2030

Saudi Arabia to host 28th World Investment Conference from November 25 to 27

Conference positions Saudi Arabia as global investment hub, promotes its promising business environment

WEF Special Meeting: UAE has doubled renewables capacity, says minister Al Mazrouei

UAE has allocated AED200 billion to clean energy projects locally until 2030

WEF Special Meeting: Developing human capital must be the focus for investment

Collaborative effort is needed to address the energy trilemma of security, equity and sustainability