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MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
flynas already connects Egypt to Saudi Arabia with more than 120 weekly direct flights
Cumulatively, banks recorded a total profit of $9.27 billion in the first five months of 2024
E-commerce saw a 17.47 percent yearly increase, reaching 40,697 registrations
The first batch of clubs includes Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba, and Al-Kholood
The investment includes $100 million in five-year convertible debentures and $400 million in a five-year loan
Services exports in the three months to the end of March hit $15.64 billion, the second-highest quarterly figure on record
Outbound travelers from the Kingdom spent an estimated $5.59 billion
Sovereign wealth funds globally invested $64.2 billion in 135 deals while PPFs spent $31.9 billion on 101 deals in H1 2024
The fund swung to a profit of $36.81 billion in 2023, after posting a loss of $15.6 billion a year earlier
In the Eastern Province, two unconventional oil fields were found - Al-Ladam and Al-Farouq
This growth underscores Saudi Arabia's continued appeal to international investors
UAE ranked among the top 10 global travel destinations in the past year
This represents a 36 percent increase compared to the surplus of $8.1 billion recorded last year
The Saudi oil giant produced an average of 12.8 million barrels of oil per day in 2023
The sector recorded more than 280,000 transactions since the beginning of 2024
The total volume of sukuk and bonds in Saudi Arabia increased by 5.73 percent during the third quarter of 2023
Cybersecurity continues to be a major area of concern for organizations in both the UAE and Saudi Arabia
Saudi Arabia’s Red Sea and AMAALA are standout examples of regenerative tourism
The CMA has approved Arabian Mills' public listing application, and the company will publish the IPO prospectus soon
The stations seek to measure solar and wind energy across all regions of the Kingdom
The new route to Al Qassim becomes Etihad's fourth destination in Saudi Arabia, with four non-stop flights per week
The project, valued at $8 million, will cover an area of 10,000 square meters
Exports to China reached 16.6 percent of total exports, making it the top destination for Saudi Arabia's exports
