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Saudi Arabia
Economy
Saudi Arabia’s greenfield FDI inflows surge over two-fold to $28.78 billion
This figure surpassed the previous peak of $17.57 billion in 2018
Miscellaneous
Saudi Arabia to lead U.N. forum for women’s rights
The Kingdom's Ambassador Dr. Abdulaziz Al-Wasel becomes first permanent representative to chair committee since 1946
Saudi Arabia
First Saudi Green Initiative Day: Celebrating the Kingdom’s commitment to sustainability
The occasion coincides with the initial launch of the Saudi Green Initiative on the same date in 2021
Hospitality & Tourism
Saudi Arabia sets ambitious goal to rank among top 10 global tourism destinations in 2024
The Kingdom currently holds 940,000 jobs in the tourism and hospitality fields
Economy
Saudi Arabia’s private equity activity surges to $4 billion in transactions in 2023
Kingdom's private equity sector thrives, dominated by buyout transactions
Energy
Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez
For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion
Economy
12 percent surge in Saudi business registrations, reaching 1.12 million
The city has seen a 14 percent increase in commercial records, surpassing 192,000 in the past five years
Markets
Saudi Arabia to get new Social Responsibility Index
The index seeks to encourage enhanced company practices
Logistics
Saudi Arabia’s non-oil exports increase by 0.8 percent in January
China remains Saudi Arabia's top trade partner
Markets
Saudi Arabia’s Rasan gets IPO approval, to offer 22.7 million shares on Tadawul
The IPO will involve the sale of 30 percent of the company's capital
Energy
OPEC Secretary General: Oil industry calls for $11.1 trillion in investments by 2045
Al Ghais highlighted OPEC’s role in addressing global issues like climate change, energy transition
Hospitality & Tourism
Saudi Arabia’s Sharaan Resort project at AlUla begins
Upon completion, the resort will feature 38 suites carved into the sandstone mountains of AlUla
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