Saudi Arabia

Saudi Arabia, U.S. to sign landmark mining pact advancing Vision 2030

HRH Saudi Crown Prince Mohammed bin Salman chaired a Cabinet session highlighting this crucial partnership initiative

14 MENA IPOs raise $2.4 billion in Q1 2025, proceeds surge 106 percent

Saudi Arabia's Umm Al Qura for Development & Construction led the quarter with the highest proceeds

Saudi flynas plans IPO with 51.26 million ordinary shares, 30 percent of total capital

IPO will include 33.83 million existing shares sold by current shareholders and treasury stock 

MENA startup funding grows 300 percent to $228.4 million in April 2025

Saudi Arabia led MENA startup funding during the month, attracting $158.5 million across eight deals

Saudi Arabia’s residential real estate poised for growth amid government initiatives, heightened demand

Affordability challenges arise amid record mortgage growth and new regulations 

Saudi Arabia leads MENA in digital government services maturity with 96 percent rate in 2024

The country advanced from fourth place in 2020 to first in 2024 with remarkable strides

Saudi Arabia launches 6 major initiatives at GOSH7 to improve workplace standards

Al-Rajhi reaffirmed Saudi Arabia's commitment to protecting people and ensuring safe work environments according to the highest standards

Saudi Arabia non-oil sector employment climbs, reflecting continued growth momentum

Saudi Arabia's economy grew 2.7 percent in Q1, driven by non-oil sector activities and diversification

Oil prices drop over $2 as OPEC+ agrees to increase production by 411,000 barrels

Barclays lowered its Brent forecast by $4 to $66 a barrel due to OPEC+ decisions

Makkah sees 162 percent surge in tourist spending during Ramadan, says Visa

Madinah saw a 64 percent increase in visitor spend during Ramadan

Riyadh Air signs 11 major agreements with global partners at ATM 2025 to serve 125 countries

Deals will enable Riyadh Air to boost its brand visibility while promoting its diverse range of flight services and products