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Latest News
Economy
Saudi Arabia climbs to 14th spot in Global AI Index, first among Arab nations
This 17-rank jump among 83 countries highlights the Kingdom's rapid progress in AI adoption and developmentÂ
Economy
Saudi Arabia’s ports achieve 14.6 percent increase in container traffic, surpassing 5 million TEUs in 2023, says GASTAT
Inbound traffic totaled 3.4 million TEUs, whereas outbound traffic amounted to 2.2 million TEUs
Logistics
Saudi Arabia boosts Riyadh’s flood network with new modern smart model
The model includes sensors that provide real-time data readings, ensuring the reliability of flood drainage channels
Economy
Saudi-Italy bilateral trade hits $10.1 billion as 7,000 Italian firms target Saudi market
The announcement was made at the Saudi-Italian Business Forum at the Federation of Saudi Chambers' headquartersÂ
Economy
Saudi Arabia climbs 25 spots to 4th globally, 1st regionally in UN digital services index
The Kingdom ranked seventh in the e-participation index, with Riyadh placed third among 193 global citiesÂ
Interviews
In Saudi Arabia’s digital ascent, Google Cloud rises as a key growth catalyst
Dammam cloud region could create about 150,000 jobs by 2030 and support 1.2 million SMEs
Banking & Finance
EFG Hermes KSA: Banking on opportunities in Saudi Vision 2030 and beyond
Since 2019, firm has successfully completed more than 14 IPOs in the Kingdom
Banking & Finance
Visa responds to challenges and opportunities in Saudi Arabia’s growing tourism sector
Innovating payment and tourism ecosystems key to leveraging consumers’ increasingly digital lifestyle
Interviews
The Helicopter Company’s expansion, a boost to Saudi Arabia growth ambitions
Company plans to grow its fleet to 100 aircraft in the next few years
Energy
Aramco raises stake in MidOcean to 49 percent, expands into South America with Peru LNG share
Aramco will fully fund the transaction which will increase its interest in MidOcean
Banking & Finance
SMEs account for 90 percent of the industrial sector in Saudi Arabia, says Minister Alkhorayef
The ministry has launched initiatives in the industrial and mining sectors for entrepreneurs and SMEs to leverage
Economy
Saudi Arabia, U.K. discuss advancing 79 initiatives across 13 sectors and $103 billion bilateral trade
The discussions also covered Saudi Arabia's Vision 2030 and ongoing economic and development reforms