Saudi Arabia

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

Crescent moon sighted in Saudi Arabia, Ramadan 2025 to begin on March 1

Ramadan is the ninth month of the Islamic lunar calendar, lasting 354 or 355 days

Ramadan 2025: Saudi Arabia to celebrate with vibrant traditions, cultural heritage events

The Jeddah Historic District will feature unique Iftar and Suhoor experiences in historical houses

Flynas, Bank AlJazira ink $132 million aircraft financing deal for 3 new Airbus A320 NEOs

More than 100 aircraft expected to be added in flynas fleet over the next five years

Red Sea Global introduces sustainable aviation fuel at Red Sea International Airport in Saudi Arabia

The initiative will empower the broader aviation sector to make environmentally conscious choices

Qasr Al Hokm Station opens, transforming Riyadh Metro with innovative design and accessibility

The station connects administrative buildings, palaces, markets, and attractions in the Qasr Al Hokm area