Saudi Arabia

New Saudization initiative targets 41 professions in tourism industry

Initiative to be implemented in three phases, with the first phase commencing on April 22, 2026 

stc, solutions ink $38 million contract to establish internet and telecommunication networks

Project enhances internal network infrastructure across nine sites in five key regions of the Kingdom

Top airport performances in Saudi Arabia for March 2025: GACA report

King Fahd Airport achieved 91 percent compliance in the latest rankings

Aramco, BYD partner to develop new energy vehicle technologies

SATC and BYD aim to foster the development of innovative technologies that enhance efficiency and environmental performance

UAE bond and sukuk issuances grow 61.6 percent to $10.17 billion in Q1 2025, GCC issuances dip 7.1 percent

Primary debt issuances of bonds and sukuk in the GCC region amounted to $51.51 billion through 125 issuances

Riyadh Air unveils business class

Delivering luxury and comfort with new cabin interiors

Saudi Arabia issues 2,853 tourism licenses by end of 2024, up 32 percent YoY 

Surge underscores the Kingdom’s dedication to advancing the tourism sector and enhancing service quality

Formula 1’s elite drivers gear up for free practice at stc Saudi Arabian Grand Prix

Race is considered one of the season’s most prominent events due to its extensive fan and media coverage

Diriyah Company awards $1.4 billion contract for Royal Diriyah Opera House construction

With a capacity of 2,000 people, the main opera auditorium is the focal point of the venue

Saudi Arabia’s trade with Arab League nations grows 6.2 percent to $23.4 billion in Q4 2024

Saudi Arabia's trade surplus with Arab League countries significantly increased to SAR30.461 billion in Q4 2024

Saudi Arabia, France explore strengthening partnerships in healthcare sector

Discussions focused on key areas of cooperation, particularly in supporting innovation in biotechnology