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MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
flynas already connects Egypt to Saudi Arabia with more than 120 weekly direct flights
Cumulatively, banks recorded a total profit of $9.27 billion in the first five months of 2024
E-commerce saw a 17.47 percent yearly increase, reaching 40,697 registrations
The first batch of clubs includes Al-Zulfi, Al-Nahda, Al-Okhdood, Al-Ansar, Al-Orouba, and Al-Kholood
The investment includes $100 million in five-year convertible debentures and $400 million in a five-year loan
Services exports in the three months to the end of March hit $15.64 billion, the second-highest quarterly figure on record
Outbound travelers from the Kingdom spent an estimated $5.59 billion
Sovereign wealth funds globally invested $64.2 billion in 135 deals while PPFs spent $31.9 billion on 101 deals in H1 2024
The fund swung to a profit of $36.81 billion in 2023, after posting a loss of $15.6 billion a year earlier
In the Eastern Province, two unconventional oil fields were found - Al-Ladam and Al-Farouq
This growth underscores Saudi Arabia's continued appeal to international investors
