Saudi Arabia

Makkah sees 162 percent surge in tourist spending during Ramadan, says Visa

Madinah saw a 64 percent increase in visitor spend during Ramadan

Riyadh Air signs 11 major agreements with global partners at ATM 2025 to serve 125 countries

Deals will enable Riyadh Air to boost its brand visibility while promoting its diverse range of flight services and products

Saudi Arabia’s PIF prices $1.25 billion international sukuk offering

The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion

Crude oil prices rise to $62.53 as China evaluates U.S. trade proposal

The United States has approached China to seek talks over Trump's 145 percent tariffs, and Beijing's door was open for discussions

Saudi Arabia’s aviation market officially opens to international charter flight operators

Decision marks a major milestone in GACA’s strategy to transform Saudi Arabia into a global aviation hub

BNY Mellon secures regional headquarters license in Saudi Arabia

New RHQ will enhance operations and services across the Middle East 

Saudi banks successfully navigate external debt growth amid market challenges: S&P

The rise in interbank liabilities accounted for 55 percent of Saudi banks' external debt increase

GCC countries contribute over 35 percent of all emerging-market U.S. dollar debt in Q1 2025, Fitch reports

Primary market dollar issuance shows promise despite recent quietness in the GCC region

flynas reveals latest-generation aircraft seats for A320neo at ATM 2025

The new Z200 seats aim to provide benefits for both passengers and airlines in the fleet 

ADNOC Distribution plans expansion to 1,000 stations by 2028 amid robust financial performance

Company aims to increase the number of EV charging points across the UAE to 500 high-power chargers by 2028

Saudi Arabia’s transport ministry, KAUST launch Future Mobility Sandbox to advance smart transport solutions

Region’s first integrated testbed for various modes of transport reinforce Saudi Arabia’s position as a global hub for innovation