Saudi Arabia

Dream of the Desert: Unveiling Saudi Arabia’s first five-star luxury train

The train features 14 carriages with 34 luxury suites for an exclusive traveler experience

stc secures $8.7 billion contract with government entity for telecom infrastructure services

The contract lasts 18 months for execution, followed by 15 years of operation

NEOM secures $3 billion financing facility with Italy’s SACE to support key projects

Deal marks NEOM's first corporate ECA financing and the largest untied financing ever guaranteed by SACE

Saudi Arabia permits foreign investment in Makkah, Madinah real estate

The ownership of natural and legal persons jointly who do not hold Saudi nationality shall not exceed 49 percent of the company's shares

Saudi Arabia Crown Prince, Italy Prime Minister ink agreement to establish Saudi-Italian Strategic Partnership Council

Saudi-Italian high-level roundtable resulted in the signing of 26 memoranda of understanding across key industries

Alibrahim says Saudi Arabia’s $600 billion pledge to U.S. to include investments, procurement

"What we'll spend in the economy from the start of Vision 2030 to 2030 is 12 times that number," Alibrahim said

Saudi Arabia to host regular global WEF meetings starting Spring 2026

Last year, the WEF special meeting in Saudi Arabia focused on global collaboration, growth and energy

WEF 2025: Saudi Arabia’s services trade hits $144 billion with 7 percent annual growth

The services sector represents approximately 65 percent of the world’s GDP

Saudi Arabia achieves record 178 venture capital deals in 2024, retains top rank in MENA region

E-commerce dominated with 33 percent of total funding with a value of $247 million

WEF 2025: Saudi Arabia targets 70 million annual tourists and top seven ranking by 2030, says minister

The Kingdom saw a record influx of nearly 30 million international tourists last year

Saudi Arabia’s Diriyah Company marks first participation at WEF 2025, leads urban development discussion

The participation supports the WEF 2025 theme “Collaboration For The Intelligent Age”

Saudi Arabia to see 3.5 to 4.5 percent growth in construction as Europe eyes gradual recovery: Report

Infrastructure projects and government-led construction will drive growth in tourism and leisure sectors