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Saudi Arabia
Saudi Arabia
stc and Merwas sign MoU to promote local cultural content
Promoting Saudi Arabia's audio identity and culture
Economy
Consumer spending in Saudi Arabia jumps to $47 bn month-on-month
Kingdom’s economy shows growth, driven by a strong private sector
Banking & Finance
Saudi Arabia’s The Avenues Khobar secures SAR4.35 billion funding
One of the largest tourism projects in the Eastern Province
Saudi Arabia
Saudi Arabia signs 7 agreements to localize the energy sector
Localizing the energy sector and employing graduates specialized in renewable energy
Banking & Finance
Saudi Arabia concludes €1 billion financing deal with Italy’s SACE
Strengthening trade and investment relations between the two countries
Saudi Arabia
center3 expands footprint in Africa and the Middle East through CMC Networks acquisition
Acquisition is subject to customary conditions and approvals
Markets
Saudi Arabia raises SAR10.55 bn in local sukuk in December
The total volume of bids amounted to approximately SAR14.125 billion
Energy
Saudi Arabia to produce 130 GW of renewable energy by 2030
Investing in renewable energy projects worth $188 billion
Hospitality & Tourism
53.6 million tourists visit Saudi Arabia during the first half of 2023
Total tourism spending reaches SAR150 billion
Egypt, Saudi Arabia’s ACWA Power sign $4 bn green hydrogen deal
Phase 1 targets 600,000 tons per year of green ammonia
Hospitality & Tourism
Saudi Arabia’s launches new unified visa platform, now get your visa in just 60 seconds
AI-powered platform ensures precise data verification, efficiency
Banking & Finance
Saudi Arabia launches FinTech program Makken to boost financial innovation
Efforts fall under Financial Sector Development Program
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