Saudi Arabia

SAR launches Dream of the Desert train service in Saudi Arabia, first in MENA

$53 million deal with Italian Arsenale Group to introduce luxury train ride

Saudi company bolsters AI presence with $5 million investment in OpenAI

Through a private stock sale round of OpenAI employee shares tender offer

UAE leads GCC with IPO proceeds of $6.07 bn in 2023

GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion

Saudi nationals employed in real estate surge 116 percent

Saudi citizens working in the private sector reached 2.3 million in 2023

Saudia’s operational performance grows 21 percent in 2023

National flag carrier achieves significant growth through strategic enhancements and international expansion

Saudi Arabia aims for 150 million visitors by 2030, eyes $200 billion boost to economy

Tourism sector's contribution to the GDP increased by 4.5 percent year-on-year

Crude exports surge in Saudi Arabia, reaching five-month high

Saudi refinery output declined by 0.47 percent, reached 2.11 million bpd

Saudi Arabia’s PIF bonds received $20 billion in subscriptions

Bond issuances in emerging markets gain new momentum

Aramco forms $3.3 billion joint alliance for LNG project in Saudi Arabia

Al-Riyas project expected to boost Saudi economy and job creation

SAR achieves 55% growth rate in passenger numbers in 2023

Number of passengers on Saudi Railways trains exceeded 11.2 million last year