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Efforts to improve accommodation, hospitality, transportation and health services have played a crucial role in this expansion
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Value of Saudi Arabia's investments in Egypt has reached approximately $26 billion, with over 8,000 companies
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The report highlights the sector's contribution to economic diversification, investment attraction, revenue generation, and job creationÂ
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The IPO consisted of 15.39 million ordinary shares, accounting for 30 percent of the company’s total issued share capital
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This shipment is crucial for maintaining strategic wheat reserves and meeting the needs of milling companies
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Mutual exemption of short-stay visa requirements will further strengthen and develop ties between the two countries in various fields
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This rise in visitor spending highlights the substantial advancements made within the tourism sector
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This initiative is part of SAMA's supervisory responsibilities aimed at ensuring the stability and growth of the financial sector
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The event will be the region's largest aviation gathering, with over 100 exhibitors and 15+ airshow teamsÂ
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Assets under management rose 13.5 percent year-on-year to over $250 billion during the first half of 2024
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Elkuwaiz noted that the CMA is expanding financing options by streamlining fund management for efficient public offeringsÂ
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The collaboration seeks to foster partnerships with prominent international organizations, and attract investment to the Red Sea Region
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The employment-to-population ratio for Saudis declined by 0.3 percentage points to 47.2 percent compared to the first quarter of 2024
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Energy park seeks to contribute more than $6 billion to the Kingdom’s GDP annually and create up to 100,000 direct and indirect jobs
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Both countries explored ways to strengthen bilateral ties and reviewed recent developments in regional and international contextsÂ
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The price range for the offering was set between SAR5 and SAR5.30
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The Kingdom’s ports have made notable advancements, achieving, in August, 15th place globally in annual container handling
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This represents an increase of $506.5 million, or 2.1 percent from last yearÂ
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The contracts aim to rehabilitate and pave 83 million square meters of road over the next five yearsÂ
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The event showcased over 500 Amazon Echo devices with Alexa during the 94th Saudi festivities
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Issuance comes after Aramco raised $6 billion from its first bond issuance in three years in July
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The visit aims to boost cooperation in industry and mining, strengthen bilateral relations, and attract investments to the Kingdom
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This year, the Kingdom saw 17.5 million international tourist arrivals
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GACA assesses airport performance based on annual passenger volumes for a transparent evaluation processÂ