Saudi Arabia

WEF, Saudi Space Agency ink agreement to establish Center for Space Futures

Center to facilitate public-private discussions on space collaboration

Saudi Arabia to host 28th World Investment Conference from November 25 to 27

Conference positions Saudi Arabia as global investment hub, promotes its promising business environment

Saudi Arabia gold prices decline, global rates dip as hope for early rate cuts diminishes

Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters

WEF Special Meeting: Developing human capital must be the focus for investment

Collaborative effort is needed to address the energy trilemma of security, equity and sustainability

GCC states have succeeded in making economies more integrated: Saudi Arabia’s Al-Jubeir at WEF meeting

Al-Jubeir noted the increase in new startups that Saudi youth have founded, and their contributions to the job market

NEOM secures $2.67 billion revolving credit facility for development projects

Financing boosts ongoing development endeavors and short-term financing requirements

Saudi Arabia gold prices rise as global rates increase ahead of key U.S. inflation data

Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December

Saudi Arabia’s ICT spending to reach $37.5 billion in 2024

According to experts, the Kingdom is the region's fastest-growing IT market

Saudi Arabia’s non-oil exports surge by 4.4 percent to $5.82 billion in February

Rubber and plastic product exports in February fueled the rise in non-oil shipments

Saudi Arabia gold prices decline, global rates recover as markets await key U.S. economic data

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

Saudi Arabia gold prices decline as global rates hit over two-week lows on easing Middle East tensions

Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year

Saudi Arabia’s cinema revenue soars to over $986 million in just six years

Currently, Saudi Arabia has 66 movie theaters with approximately 618 screens and 63,373 seats

Saudi Aramco to acquire 10 percent stake in China’s Hengli Petrochemical

Deal aligns with Aramco’s strategy to expand its presence in key high-value markets like China

World Bank partners with Saudi Arabia to establish knowledge center for economic reforms

Boosting global economic reforms and enhancing regional and global competitiveness

Saudi Arabia gold prices decline as Middle East tensions ease, global rates drop

Bullion loses safe-haven appeal amidst reduced geopolitical risks

Private sector employment in Saudi Arabia sees record growth in Q4 2023, surpassing 11.2 million employees

The unemployment rate among Saudis reached its lowest level of 7.7 percent in the last quarter of 2023

Saudi Arabia gold prices fall as global rates inch closer to all-time high on escalating geopolitical tensions

Market analysts referred to gold as a geopolitical trade rather than a monetary policy trade at the moment

Saudi Arabia’s minister highlights $3 billion in Spanish real estate investments, announces upcoming development agreement

40 percent of Spain's investments in Saudi Arabia over the past 10 years has been in the real estate sector

Saudi Arabia gold prices rise as geopolitical uncertainty boosts bullion’s global appeal

Gold maintains safe-haven appeal despite Federal Reserve's stance on rates

Saudi Arabia’s crude oil production reaches seven-month high in February

This represented a rise of 55,000 bpd or 0.61 percent compared to the previous month

Oil prices stabilize after steep declines amid U.S. rate hike fears, Venezuela sanctions

Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions

Riyadh to ‘move ahead significantly’ on $5 billion Pakistan investment plan

Investments to encompass agriculture, mining, information technology, and aviation

$410 billion in investments propel Saudi Arabia’s mining sector growth

$2.5 trillion in mineral wealth support Saudi Arabia's diversification efforts