Saudi Arabia

LEAP 2024: KACST inks 13 partnership agreements to build semiconductor system

The deals also aims to establish centers of excellence for emerging technologies and future communications

Saudi Arabia-Brazil business forum explores boosting partnerships

Bilateral trade between the two countries has reached $8 billion

Second phase of Saudization of licensed aviation professions launched

This phase will focus on pilots and flight attendants

Over 350 international investors to establish regional headquarters in Saudi Arabia 

The minister highlighted a tenfold increase in international investment licenses in the Kingdom

45 percent of tourism sector employees in Saudi Arabia are women, says vice tourism minister

A total of 925,000 individuals are currently employed in the tourism sector

Saudi Arabia’s Tourism Development Fund set to transform Riyadh’s downtown

Collaboration marks a milestone in Riyadh's evolution in line with Vision 2030

With $2.5 trillion in mineral resources, Saudi Arabia set to become global mining hub

Saudi Arabia's Vision 2030 serves as the driving force behind the nation's strategic endeavors in the mining industry

ACWA Power net profit soars 8 percent to $443 million in 2023

The company’s board approved a dividend payment of SAR 329.0 million for 2023, payable in 2024

Riyadh Air, Adobe partner to deliver personalized AI-driven travel experiences

Adobe's Experience Cloud to power airline's vision of personalized travel journeys

Red Sea National Academy launched to train next generation of tourism leaders

The academy aims to train 10,000 participants by 2030

Saudi Arabia launches strategy and academy to develop human capabilities in industry, mining

The new academy will offer direct training programs for professionals and graduates

MWC 2024: Ericsson, stc Group’s iot squared sign MoU with aim to transform Saudi Arabia’s waste landscape

Digitizing waste flows to enable optimization, monetization of waste and recycled raw materials

Saudi Arabia launches clean diesel, Euro-5 gasoline in local markets

The move solidifies the Kingdom's position as a leader in sustainable efforts within the Middle East and North Africa region

Saudi CEOs’ confidence in Kingdom’s economic growth, AI Impact reaches 89 percent: Report

GenAI predicted to boost product quality, competitiveness, and workplace efficiency

Saudi Arabia welcomes over 100 million tourists in 2023, surpasses Vision 2030 targets

Saudi Arabia has led the G20 in international tourist growth rate in 2023

Saudi Aramco signs multiple supply deals worth $6 billion

The agreements are aimed at fostering localization and supply chain development

Moody’s affirms top credit ratings for key companies in Saudi Arabia

Ratings reaffirm financial resilience and strategic importance within national economy

Surge by 10 percent in Saudi Arabia’s industrial units, reaching 11,549 in 2023

The rise falls in line with the Kingdom’s plan to achieve target of 36,000 plants by 2035

Bahrain exports of national origin products reach $928.49 million in January

The total value of re-exports increased by 15 percent to reach $177.72 million

Riyadh Season 2023 draws in more than 72 million visitors globally

The initiative recorded over 6,000 licenses for 230 entertainment destinations