Saudi Arabia

Investments in 11,670 Saudi factories reach $410 trillion by January

A total of 152 new industrial licenses were issued in January

Housing costs propel Saudi Arabia’s inflation to 1.8 percent in February

Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY

Booming hospitality, transport, and arts sectors fuel Saudi Arabia’s business growth in 2023

The ministry of commerce reported an increase in commercial registrations across various sectors

Saudi Arabia’s PIF inches closer to $1 trillion in assets

Strategic acquisitions and diversification drive growth trajectory

Construction begins on Al-Urubah Park, Riyadh’s largest green space project

More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area

Saudi Arabia’s non-oil activity increases by 4.4 percent in 2023

Despite decline in oil production, diverse industries foster growth in the kingdom

Saudi ministries boost job opportunities with 35 percent localization in dental professions

The new resolution will apply to private sector establishments that employ three or more workers in dental professions

Saudi Arabia, China Eastern Airlines forge strategic partnership for new air route

China Eastern Airlines will operate the route using an A330-200 aircraft, providing an annual capacity of 35,880 inbound seats

Saudi Arabia’s industrial production index up 0.3 percent in January on mining and quarrying

Manufacturing activities in the Kingdom rose by 1.1 percent in January 2024

Saudi Arabia’s Ceer awards $1.3 billion contract for EV manufacturing complex

Saudi Arabia's first EV brand advances Vision 2030 with state-of-the-art facility

LEAP 2024: stc Group’s Riyadh Muawad on how AI can change sports, health sector landscapes

Spearheading connectivity, AI, and cloud solutions in smart cities, industry, and healthcare

LEAP 2024: Conference concludes with $13.4 billion in investments

Largest global tech event in the region reflects Saudi Vision for digital dominance

Saudi Arabia, Kazakhstan collaborate to approve executive program in fields of renewable energy and innovation

The program contributes to supporting Kazakhstan's efforts to achieve emissions reduction targets

Saudi Arabia’s National Development Fund signs partnership agreement with World Economic Forum

The partnership seeks to foster ties with diverse financial institutions and companies

Saudi Arabia’s Qiddiya to host Esports World Cup in Gaming & Esports District

The inaugural Esports World Cup is set to take place later this year in Riyadh

Saudi Arabia’s Crown Prince transfers another 8 percent of Aramco shares to PIF

The state's ownership of the Aramco's shares now stands at 82.186 percent

LEAP 2024: Takamol Holdings launches $53 million investment fund to empower tech startups

The initiative seeks to advance tech sectors in the Middle East and Africa

LEAP 2024: SDAIA, Samsung collaborate to explore localization of digital technologies and innovations

The deal aims to automatically include Tawakkalna system applications on all Samsung devices in Saudi

Saudi Arabia GDP 2023: Non-oil economy is key growth driver

Non-oil economy grew while overall real GDP contracted

NEOM’s Gidori: Uniting golf, luxury, and natural beauty

Gidori boasts limited series of 200 unique villas and homes

LEAP 2024: Saudi Arabia solidifies position as tech and innovation hub with $764 million in investment deals

Aramco Digital, Intel Corp. join forces to launch Saudi's first ORAN development center