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Saudi Arabia
Industry
Saudi Arabia’s industrial production index up 1 percent in February
Index reveals 2.1 percent annual increase in manufacturing activity
Markets
Saudi Arabia gold prices rally after global rates hit record highs yesterday
Investors eye Federal Reserve meeting minutes and inflation figures for market direction
Hospitality & Tourism
Ramadan 2024: Saudi Arabia’s Jeddah Historic District welcomes over 2.5 million visitors
District emerges as a model for sustainable practices and urban development
Markets
Global gold prices continue record surge to $2,353.79, Saudi Arabia rates climb
Gold prices remained undeterred despite the robust U.S. job growth in March
Industry
Saudi MODON attracts investments worth $3.85 billion in 2023: Report
MODON received the "Most Attractive Destination for Investments Award" in 2023
Economy
12 Saudi companies ink agreements with Iraq Development Fund
The deals seek to promote cooperation in various high-quality investment projects in Iraq
Markets
Saudi CMA’s locally managed assets surge to $232.2 billion in 2023
The asset management industry reached $1.1 billion by end of 2023
Logistics
Riyadh airport introduces e-passport gates at two terminals
First airport in Saudi Arabia to implement biometric e-passport scanners
Logistics
Saudi Arabia records over 1.45 million commercial registrations by end of Q1 2024
The Ministry of Commerce recorded 104,000 registrations and 65,363 permits in Q1 2024
Hospitality & Tourism
Eid Al Fitr 2024 in Saudi Arabia: Places to visit, fireworks, staycations and more
Here's the ultimate guide to all you need to know about celebrating Eid Al Fitr in Saudi Arabia
Markets
Saudi Arabia gold prices surge as global rate touches record high of $2,304.09
Gold prices have reached new record highs in each session since last Thursday
Economy
Saudi Arabia’s startups raise $198 million in March 2024
SaaS providers dominate region's investment landscape
Economy
Business activity in Saudi Arabia rises to 6-month high in March, PMI data shows
Non-oil private sector saw a decline in cost inflation for the second month in a row
Markets
Saudi Arabia gold prices surge as global rates hit new record high of $2,288.09
While gold stole the spotlight with its record-breaking rally in prices, other precious metals also experienced gains
Logistics
Saudi Arabia’s Al Akaria secures $192.48 million deal with Diriyah Gate for metro excavation
Expected financial impact to appear on company's statements starting from Q1 2024
Energy
Saudi Aramco expands Fadhili Gas Plant with $7.7 billion in EPC contracts
This expansion initiative aims to enhance the plant's processing capacity from 2.5 to a potential 4 bscfd
Saudi Arabia
PIF-owned SITE teams up with Korea’s AhnLab for advanced cybersecurity solutions in Saudi Arabia
SITE will hold a 75 percent stake in the local joint venture to be set up in the Kingdom
Hospitality & Tourism
Saudi Arabia’s tourism sector sets new record, foreign visitor spending touches $36 billion
In 2023, Saudi Arabia led the UN tourism list for the growth rate of international tourists compared to 2019
Markets
Gold prices in Saudi Arabia remain stable amid stronger U.S. data
Softer U.S. inflation report strengthens bullish sentiment
Energy
OPEC Secretary General predicts persistent global demand for oil in the coming years, decades
OPEC believes that the oil industry will need approximately $11.1 trillion by 2045
Miscellaneous
$13.32 million initiative restores 56 heritage buildings in Historic Jeddah
The project primarily targets showcasing the rich heritage of the Historic Jeddah District
Saudi Arabia
Saudi Arabia introduces green financing framework to drive sustainability
Framework reaffirms Saudi Arabia's position as a regional leader in sustainable finance
Miscellaneous
More than 1,200 brands ready for franchising in Saudi Arabia: Report
The Kingdom’s franchising market offers over 10,000 business opportunities
Energy
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
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