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Saudi Arabia
Features
LEAP 2025: One giant leap toward tech’s future
Landmark investments and partnerships from Aramco, stc, and more announced at the world’s most-attended tech event
Banking & Finance
Saudi Arabia raises $2.36 billion in euro-denominated bond issuance with debut green tranche
The total order book reached around 10 billion euros, which equals an oversubscription of 4 times
Banking & Finance
Saudi Arabia announces Ramadan 2025, Eid operating hours for banks
Banks will be available to the public from 10 a.m. to 4 p.m. throughout the fasting month
Banking & Finance
stc reports 85.7 percent surge in net profit to $6.6 billion in 2024, revenues hit $20.2 billion
Revenue increased 5.7 percent compared to 2023
Hospitality & Tourism
Jeddah’s King Abdulaziz International Airport launches 70 e-gates to facilitate faster passenger processing
New e-gates system leverages modern technologies and AI to facilitate faster and more secure passenger processing
MENA
GCC real estate market transactions surge over $383 billion in 2024, Dubai leads growth
Dubai's share of the GCC region's transactions reached 54 percent at $207 billion
Economy
New business success index identifies key factors for thriving in Saudi Arabia amid 33 percent expansion urgency
18 percent increase in international companies entering Saudi Arabia from outside MENAT
Bahrain
Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation
The UAE President thanked King Salman and Crown Prince for organizing the dialogue
Miscellaneous
Saudi Founding Day 2025: 8,000 flags and eco-friendly celebrations in 15 cities
A nationwide celebration of 300 years of rich heritage, blending tradition and innovation
Logistics
Saudi Arabia’s air traffic hits record 128 million passengers in 2024
The number of flights across Saudi airports increased by 11 percent to 905,000 flights last year
Banking & Finance
Saudi Arabia’s ZATCA urges commercial sector to submit VAT statements for January
The decision applies to those whose annual revenues from goods and services exceed $10.7 million
Saudi Arabia
AlUla Conference for EMEs: Saudi Arabia, IMF emphasize AI’s potential to enhance emerging market productivity
A key theme is the importance of unity and collaboration to strengthen EM economies' resilience and growth
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