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Saudi Arabia
Markets
Majority of Middle East IPOs experience positive aftermarket gains in 2024: Report
Notable market gains included MBC Group Co and Avalon Pharma
Economy
Unemployment rate in Saudi Arabia’s labor market at 8.6 percent, women’s participation reaches 34.2 percent
Over 1,000 government employees received training at international agencies, enhancing their work effectiveness
Saudi Arabia
China’s Ant International seeks expansion in Saudi Arabia
Agreement to facilitate cross-border mobile payment and trade, empower Saudi businesses
Logistics
Saudi Arabia to launch $2 billion general aviation roadmap at Future Aviation Forum
The roadmap aims to increase the sector's contribution to GDP to $2 billion by 2030
Logistics
Key trends impacting the development of airports in the Middle East
Air travel growth in Saudi Arabia is anticipated to remain significant
Logistics
Saudi Arabia plans $100 billion investment to develop aviation sector
Over $50 billion will go to developing the country's airports
Hospitality & Tourism
Riyadh Air, AlUla partner to promote Saudi Arabia’s tourist attractions globally
Riyadh Air to contribute $20 billion to the kingdom's non-oil GDP
Markets
10 MENA IPOs raise $1.2 billion in Q1 2024: Report
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
Economy
Saudi Arabia’s liquidity rises 8.3 percent to $753 billion in March
Surge in demand deposits fuels Saudi Arabia's money supply growth
Hospitality & Tourism
Saudi Arabia’s NEOM reveals Jaumur: Luxurious marina community with 500 apartments, 700 villas, boutique hotels and more
The new marina community includes boarding school, offers superyacht docking
Hospitality & Tourism
Saudi Arabia e-visa accessibility extended to Barbados, Bahamas, and Grenada
With this expansion, the total number of countries eligible for the E-visa has increased to 66
Hospitality & Tourism
ATM 2024: Saudia, Red Sea Global partner to streamline travel experiences
Agreement aligns with RSG's vision of fostering responsible and sustainable development
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