Saudi Arabia

Eid al-Adha 2025: How the festival fuels economic growth across the GCC and globally

Intra-GCC tourism peaks during Eid, enhancing hospitality and entertainment sectors across multiple countries.

Saudi Arabia unveils TOURISE to redefine global tourism by uniting visionary leaders across sectors

This initiative represents a significant step towards sustainable growth in the global tourism industry

Saudi Arabia launches AI incubator to propel startup growth, digital economic development

The new incubator supports AI startups, enhancing Saudi Arabia's position as a regional innovation hub 

Saudi Arabia and Spain partner to boost joint projects, economic collaboration

Key areas of cooperation include economic modeling, support for SMEs, and joint project facilitation

Saudi Arabia’s ACWA Power secures CMA approval for $1.9 billion rights issue to fuel growth strategy

Subscription eligibility will be limited to shareholders registered with Edaa as of the deadline

Saudi capital market’s AUM grows 20.9 percent to record $266.6 billion in 2024, says CMA

The number of subscribers in public and private funds exceeded 1.72 million, an annual increase of 47 percent

Saudi youth lead AI adoption surge: Over 27 percent use AI tools amid Kingdom’s digital transformation

Kingdom is reinforcing its position as a regional hub for innovation and digital transformation

Saudi Arabia’s PIF to invest $170 billion in Europe by 2030 as it opens new Paris office

The economic impact of the PIF's investments in Europe is expected to reach $105 billion by 2030

Saudi Arabia’s inflation reaches 2.3 percent in April 2025, among lowest in G20 nations

GASTAT measures prices through a fixed basket of 490 goods and services paid by consumers

Oil prices set for second weekly rise as trade tensions ease — Brent gains 0.02 percent

Both Brent and WTI were up 1 percent so far this week after a surge earlier in the week

Gulf sovereign wealth funds and the Santiago Principles: Navigating a new era

Funds from the region have largely operated with commercial considerations, emphasizing governance, independence, and long-term investment strategies

STC Bank: Pioneering digital banking with Saudi cultural innovation

How a home-grown digital bank is reshaping financial services in the kingdom