Saudi Arabia

SMC, Multiply Group partner to develop AdTech and AI Innovation for media growth in MENA

Collaboration focuses on enhancing the advertising industry through strategic investments in research and development

Saudi Arabia’s liquidity hits historic high, exceeds $800 billion in February 2025

Demand deposits constituted the largest share, accounting for 48.5 percent or SAR1.47 trillion

Saudi Arabia sees 89 percent growth in tourist hospitality facilities in 2024

Makkah leads Saudi tourism surge with 1,030 new hospitality licenses

60 investment deals announced at Saudi Arabia’s Sports Investment Forum

Forum highlighted opportunities in privatization, infrastructure development and investment in media and e-sports

ATM 2025: Saudi Arabia to showcase record tourism growth with 16 percent more exhibitors

ATM 2025 will highlight Saudi Arabia’s expanding tourism sector and forward-looking vision

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