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Economy Middle East Summit
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Saudi Arabia
Hospitality & Tourism
Middle East travel market set to boom as tourists loosen purse strings
Indian tourists’ greater spending potential, surge in Gen X travelers set to buoy tourism
Industry
Saudi Arabia’s industrial production index up 1 percent in February
Index reveals 2.1 percent annual increase in manufacturing activity
MENA
Eid Al Fitr 2024: First day of festival in UAE, Saudi Arabia, other Arab countries
Muslims worldwide celebrate Eid Al Fitr to commemorate the conclusion of the fasting month of Ramadan
Industry
Saudi MODON attracts investments worth $3.85 billion in 2023: Report
MODON received the "Most Attractive Destination for Investments Award" in 2023
Economy
12 Saudi companies ink agreements with Iraq Development Fund
The deals seek to promote cooperation in various high-quality investment projects in Iraq
Logistics
Riyadh airport introduces e-passport gates at two terminals
First airport in Saudi Arabia to implement biometric e-passport scanners
Markets
Saudi CMA’s locally managed assets surge to $232.2 billion in 2023
The asset management industry reached $1.1 billion by end of 2023
Logistics
Saudi Arabia records over 1.45 million commercial registrations by end of Q1 2024
The Ministry of Commerce recorded 104,000 registrations and 65,363 permits
Economy
Saudi Arabia’s startups raise $198 million in March 2024
SaaS providers dominate region's investment landscape
Economy
Business activity in Saudi Arabia rises to 6-month high in March, PMI data shows
Non-oil private sector saw a decline in cost inflation for the second month in a row
Logistics
Saudi Arabia’s Al Akaria secures $192.48 million deal with Diriyah Gate for metro excavation
Expected financial impact to appear on company's statements starting from Q1 2024
Energy
Saudi Aramco expands Fadhili Gas Plant with $7.7 billion in EPC contracts
This expansion initiative aims to enhance the plant's processing capacity from 2.5 to a potential 4 bscfd
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