Saudi Arabia

Saudi Ports Authority drives growth in 2024, strengthens Kingdom’s position as global logistics hub

In 2024, Saudi Arabia rose to 15th in global container handling, according to Lloyd’s List

Riyadh Season achieves new high with over 16 million guests

This success stems from diverse offerings like boxing, wrestling, concerts, unique dining, and innovative entertainment zones

New Honeywell cybersecurity services center launches in Saudi Arabia’s Jubail to enhance industrial protection

Honeywell Himaya Center to support Kingdom’s localization and IKTVA goals with advanced cybersecurity solutions

Final exit visa issuance in Saudi Arabia: ID requirements and online application

If a resident's ID is valid for 30 to 60 days, a final exit visa can be issued for the remaining ID validity

Joseph Aoun: Regional, global support for Lebanon’s newly elected president 

Pivotal figures like UAE President and Saudi’s King Salman offered best wishes for Aoun's leadership and Lebanon's stability

PIF invests $200 million in first globally listed Saudi ETF

This move is anticipated to further enrich the Saudi market.

flynas expands Africa network, celebrates first direct flight between Jeddah and Djibouti

Airline started operating three weekly flights between Jeddah and Djibouti, further expanding travel options to and from Africa

Saudi Arabia advances coastal tourism growth with key initiatives in 2024

Authority introduced the first-ever regulatory framework for Saudi yachts in 2024

Saudi Arabia leads MENA’s VC landscape with $750 million funding in 2024

Saudi Arabia set a new record with 178 VC deals last year, solidifying its position as the region's largest economy

Saudi Arabia’s Nice One debuts strong: $320 million IPO soars 30 percent

Shares of the online cosmetics retailer soared to as high as SAR45.5 ($12.1) each

Saudi Arabia’s domestic tourism flourishes in 2024 with 44 percent growth in bookings

While iconic cities such as Makkah, Riyadh and Madinah remain central tourism hubs, emerging destinations are becoming increasingly popular 

Saudi Arabia issues $12 billion triple-tranche bond, oversubscribed by three times

The total order book reached around $37 billion, which equals an oversubscription of 3 times