Saudi Arabia

Saudi Arabia’s non-oil sector grows, PMI records 55.4 in January

Economic expansion continues amid inflationary pressures and supply chain risks

stc users exceed 16 million following Riyadh Season launch

stc's continued investments are reflected in the volume of 5G network use

Alat: Saudi Arabia’s Crown Prince launches new company with projected $9.3 billion GDP impact by 2030

New company to help turn Kingdom into electronics, advanced industries hub

GCC banks to prove resilient in 2024 amid geo-economic challenges: S&P Global

Robust capitalization and profitability to uphold GCC banks, despite emerging risks

Saudi Arabia to host historic COP16 in Riyadh

Strengthening international efforts to reduce land degradation and desertification

Saudi Arabia’s non-oil sector grew 4.6 percent in 2023

Report highlights economic diversification efforts and the impact of OPEC+ decisions on GDP

Saudi Arabia’s sukuk, bond issuances reach $202 bn in Q4 2023

Kingdom attracts Saudi investors, advances capital market, and maintains fiscal stability

Red Sea Global pioneers sustainable transportation with low-carbon SAF policy

Company's entire fleet of onshore vehicles now run on electricity or SAF

Saudi Arabia bids to host World Water Forum in 2027

Underscoring Kingdom’s interest in sustaining water resources, improving the quality of life 

SAR launches Dream of the Desert train service in Saudi Arabia, first in MENA

$53 million deal with Italian Arsenale Group to introduce luxury train ride

Saudi company bolsters AI presence with $5 million investment in OpenAI

Through a private stock sale round of OpenAI employee shares tender offer

UAE leads GCC with IPO proceeds of $6.07 bn in 2023

GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion

Saudi nationals employed in real estate surge 116 percent

Saudi citizens working in the private sector reached 2.3 million in 2023

Saudia’s operational performance grows 21 percent in 2023

National flag carrier achieves significant growth through strategic enhancements and international expansion

Saudi Arabia aims for 150 million visitors by 2030, eyes $200 billion boost to economy

Tourism sector's contribution to the GDP increased by 4.5 percent year-on-year

Crude exports surge in Saudi Arabia, reaching five-month high

Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd