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Saudi Arabia
Economy
Moody’s affirms top credit ratings for key companies in Saudi Arabia
Ratings reaffirm financial resilience and strategic importance within national economy
Industry
Surge by 10 percent in Saudi Arabia’s industrial units, reaching 11,549 in 2023
The rise falls in line with the Kingdom’s plan to achieve target of 36,000 plants by 2035
Bahrain
Bahrain exports of national origin products reach $928.49 million in January
The total value of re-exports increased by 15 percent to reach $177.72 million
Saudi Arabia
Saudi Arabia forecasts $1.59 billion investment opportunities for environmental commitment projects by 2030
The cost of environmental degradation surpassed $22.93 billion
Miscellaneous
Riyadh Season 2023 draws in more than 72 million visitors globally
The initiative recorded over 6,000 licenses for 230 entertainment destinations
Energy
Saudi Aramco discovers 15 trillion cubic feet of gas in Jafurah field
Jafurah field's resources reach 229 trillion cubic feet of gas and 75 billion barrels of condensate
Economy
64 percent of consumers in Saudi Arabia regard Ramadan as opportune time for new purchases: Report
Appetite for spending in the Kingdom soared 46 percent ahead of Ramadan 2024
Logistics
Saudi Arabia and China ink agreement to develop air transport
The partners are exploring opportunities for economic growth and technological advancements
Energy
Saudi’s TAQA aims to quadruple investments in 3 years, focus on Egypt
Egypt is creating favorable opportunities for companies interested in investing in the country
Logistics
Pakistan sets sights on $20 billion trade surge with Saudi Arabia
Saudi Arabia-Pakistan trade currently stands at $5.7 billion
Hospitality & Tourism
NEOM expands its vision with Elanan: A sustainable nature retreat
A serene oasis on the Gulf of Aqaba
Industry
MISA, China’s Goldenport sign $20 million agreement to drive investments in motor sports, automotive sectors
The deal is part of MISA's commitment to enhancing flexibility in licensing procedures and investor services
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