Saudi Arabia

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

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

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

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

Saudi Arabia’s private equity activity surges to $4 billion in transactions in 2023

Kingdom's private equity sector thrives, dominated by buyout transactions

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

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

Saudi Arabia to get new Social Responsibility Index

The index seeks to encourage enhanced company practices

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

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

Saudi Arabia’s Sharaan Resort project at AlUla begins

Upon completion, the resort will feature 38 suites carved into the sandstone mountains of AlUla