Saudi Arabia

Saudi Arabia’s net FDI inflows rise 37 percent to $4.26 billion in Q3 2024

Net FDI inflows declined 24 percent year-on-year from SAR21.1 billion during the third quarter of 2023

Red Sea International Airport welcomes first flynas flight from Dammam

This marks the first direct link between the Eastern Region and the Red Sea destination

Saudi Arabia’s Riyadh Season 2024 attracts 13 million visitors since October

Riyadh Season this year started off strong, drawing an impressive two million visitors within just one week of its launch

Saudi Arabia’s ROSHN launches first residential community in Makkah

ALMANAR will offer over 33,000 homes and provide over 150 amenities to cater to residents' needs

stc Group hits record 5G usage with over 61 percent traffic in Boulevard City during Riyadh Season

stc expanded its Boulevard City network by 12 percent and increased 5G frequencies by 20 percent

Saudi Red Sea Authority issues 12 new licenses to promote coastal tourism sector

Sindalah Marina, Dolphin Beach Resort, and Jeddah Marina are among those awarded operator licenses

Saudi Arabia’s non-oil exports rise by 12.7 percent in October

National non-oil exports, excluding re-exports, saw a rise of 5.1 percent

Saudi Arabia’s construction market to exceed $90 billion by 2029

Over $20 billion in projects are underway in Riyadh 

Saudi Arabia’s Kingdom Holding buys $400 million stake in Elon Musk’s xAI

This transaction bringsKingdom Holding's total investment value in xAI to $800 million

FIFA World Cup 2034: Aramco’s 47,000-seat Al Khobar Stadium set for completion in 2026

Stadium will include cutting-edge sports and entertainment facilities, retail areas and entertainment zones

flynas launches two weekly flights between Dammam and Red Sea International Airport

Flights between Dammam and Red Sea International Airport will begin on December 28

Saudi Arabia excels at navigating labor market challenges, new report finds

The Kingdom is committed to workforce development under Vision 2030, emphasizing diversification, job creation, and competitiveness