Saudi Arabia

$13.32 million initiative restores 56 heritage buildings in Jeddah historic district

The project primarily targets showcasing the rich heritage of the Historic Jeddah District

Saudi Arabia introduces green financing framework to drive sustainability

Framework reaffirms Saudi Arabia's position as a regional leader in sustainable finance

More than 1,200 brands ready for franchising in Saudi Arabia: Report

The Kingdom’s franchising market offers over 10,000 business opportunities

Saudi Arabia’s ACWA Power inks $800 million deal with Senegal for desalination project

The plant, known as the Grande Côte seawater desalination plant, will have a capacity of 400,000 cubic meters per day

Saudi Arabia’s Red Sea international airport set to welcome inaugural flight with flydubai service

New twice-weekly service, operated by flydubai, commences from DXB to RSI on 18 April

Abu Dhabi’s TAQA, Japan’s JERA to develop greenfield plant in Saudi Arabia

Project leverages advanced technologies and emphasizes sustainability

Saudi Arabia’s greenfield FDI inflows surge over two-fold to $28.78 billion

This figure surpassed the previous peak of $17.57 billion in 2018

Saudi Arabia to lead U.N. forum for women’s rights

The Kingdom's Ambassador Dr. Abdulaziz Al-Wasel becomes first permanent representative to chair committee since 1946

First Saudi Green Initiative Day: Celebrating the Kingdom’s commitment to sustainability

The occasion coincides with the initial launch of the Saudi Green Initiative on the same date in 2021

Saudi Arabia sets ambitious goal to rank among top 10 global tourism destinations in 2024

The Kingdom currently holds 940,000 jobs in the tourism and hospitality fields

Saudi Arabia’s private equity activity surges to $4 billion in transactions in 2023

Kingdom's private equity sector thrives, dominated by buyout transactions

Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez

For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion