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Saudi Arabia
Economy
Davos 2024: Minister says Saudi Arabia not yet a BRICS member
Majid al-Kasabi spoke at the ongoing World Economic Forum meeting
Markets
S&P Global: 2024 global sukuk issuance to remain steady
S&P Global expects issuances to reach between $160-170 billion in 2024
Banking & Finance
Saudi retail banks garner growing positive sentiment: New PwC Middle East, DataEQ report
Analysis of 5 mn X posts shows improved sentiment towards seven retail banks in Kingdom
Economy
Saudization in operation and maintenance sector surges to 34 percent
Over 160,000 citizens employed in sector since inception
Saudi Arabia
Saudi Arabia eyes SAR120 bn GDP boost through recycling
Achieving sustainability and sustainable development goals in line with Saudi Vision 2030
Economy
Inflation in Saudi Arabia eases to 1.5 percent: GASTAT
Decreases was primarily due to a 0.3 percent drop in the prices of food and beverages
Economy
Davos 2024 kicks off today amid growing geopolitical conflicts
Annual event to be held under the theme 'Rebuilding Trust'
Industry
Saudi Arabia’s Manara Minerals plans metals trading arm
The investment company is a joint venture between Ma'aden and the Public Investment Fund
Markets
Arab stock markets hit record gains of over $493 bn in 2023
UAE and Saudi Arabia propel region's robust market performance
Industry
Saudi Arabia inks 4 key mining agreements worth SAR75 bn
Ministry announces groundbreaking $182 million exploration incentive program
Saudi Arabia
Aramco, KAUST form a five-year tech consortium to advance nonmetallic materials in energy applications
For sustainable energy solutions aligned with Vision 2030
Hospitality & Tourism
SAR2.5 billion investment to transform Saudi Arabia’s Makkah hospitality industry
Umm Al-Qura and General Authority of Awqaf collaborate on distinctive hospitality project
Hospitality & Tourism
Saudi’s Premium Residency Center launches five new offerings to attract talent and investments
Initiative aims to further advance the country's economic transformation
Industry
Northern Borders region in Saudi Arabia draws SAR74.3 bn in investment
Sees 58 percent surge in factory growth
Industry
Future Minerals Forum: Saudi Arabia boosts mineral reserves to $2.5 trn
A significant increase from the previous estimate of $1.3 trn in 2016
Banking & Finance
Saudi Arabia’s PIF expands stake in Japan’s Koei Tecmo to 6.6 percent
Up from 5.56 percent
Banking & Finance
Saudi Arabia takes the lead in MENA venture capital funding
Securing 52 percent of all regional startup funding during 2023
Industry
Gold discovery: What is the economic significance of Saudi’s Maaden’s unveiling of massive reserves in the Kingdom?
Vision 2030 aims to diversify income sources, strengthening mining in Saudi economy
Economy
Saudi Arabia regional headquarters boom: Vision 2030 attracts Amazon, Google, Microsoft, and more
Airbus, Oracle, and Pfizer also obtained licenses lately
Markets
Saudi Arabia completes $12 bn bond issuance across three tranches
Total value of underwriting applications reached approximately $30 bn
Op-eds
Passion: Key leadership talent for innovation and achieving the targets of Saudi Vision 2030, global entrepreneurship
The kind of passion linked to a leader who has the desire to make a difference wherever they go
Saudi Arabia
Promoting innovation and sustainability: Saudi Energy Ministry joins forces with NEOM
Agreement includes monitoring progress and identifying areas for improvement
Markets
Saudi Exchange introduces TASI50 Index: Tracking top 50 market cap companies
Launch supports Tadawul's benchmark goals for Saudi Vision 2030
Economy
Saudi Aramco raises diesel prices for local consumers by 53 percent
The recent jump to SAR1.15 per liter is unprecedented
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