Saudi Arabia

Saudi Arabia opens domestic private aviation market to international operators

New policy will come into effect on May 1, 2025, allowing foreign charter operators to apply for permission to operate domestic flights

Saudi Fund for Development, Pakistan finalize $1.2 billion financing agreement for oil derivatives

Saudi Arabia's SFD has provided $6.7 billion in oil derivatives support to Pakistan since 2019

What Trump’s sovereign wealth fund means for TikTok

Trump proposed a sovereign wealth fund to address American security and user privacy concerns

LEAP 2025: Inaugural Tech Arena to offer ‘Live TV’ platform for next-gen innovations

Tech Arena will offer first look at next-gen design couture, medical tech, robots, AI and more

Saudi Arabia’s non-oil economy records best performance since 2014 in January, says PMI

Saudi Arabia witnessed a rise in export sales, which was another factor behind the sharp increase in total new orders

Red Sea Residences: Investors, residents can now own homes in the The Red Sea

First development under Red Sea Residences revealed to date is located on the Shura Island

Saudi Arabia’s real GDP sees 4.4 percent growth in Q4 2024, highest in two years

In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year

Qatar’s Ooredoo Group to build submarine cable connecting seven GCC countries

The FIG project will provide GCC nations a secure, low-latency route connecting Europe with 720Tbps capacity

INTERPOL to establish MENA regional office in Saudi Arabia

The signing followed a meeting where Prince Abdulaziz and the INTERPOL president discussed mutual interests

STC Bank to launch full banking operations in Saudi Arabia: SAMA

STC Bank will provide several financial products and solutions that will contribute to elevating banking services

EFG Hermes achieves top position in MENA Equity Capital Markets for 2024 through market-leading executions

EFG Hermes topped the MENA equity capital market in 2024 with 11 IPOs and 6 secondary offerings

Saudi Arabia’s maritime transport sector achieves 6.4 percent growth, 20th global ranking in 2024

The authority emphasized the crucial role of over 2,000 certified Saudi seafarers in advancing the sector