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Saudi Arabia
Economy
Over 50 agreements stem from Saudi Crown Prince visit to India
Riyadh, New Delhi emphasize ensuring security of energy supply
Markets
EFG Hermes collaborates with the Saudi exchange during EFG Hermes Saudi forum
To showcase compelling Saudi equities to global investors
Real Estate
Cityscape Global 2023: SAR65 bn worth of exciting projects revealed
Roshn, China Harbour forge SAR7.7 bn partnership for future projects
Logistics
 $421 bn in trade exchange between Saudi, G20 countries in 2022
Trade volume between Saudi, India surged to $53 bn
Markets
Saudi’s Lumi prices IPO at top of range
Company aimed to achieve SAR1 bn in revenues prior share offering
Economy
Top startup incubation programs in Saudi
Opportunities abound for Saudi entrepreneurs
Economy
Positive prospects for Saudi economy with strong non-oil growth momentum: IMF
Fund projects growth of 1.9% in 2023, 2.8% in 2024
Hospitality & Tourism
Upcoming attractions in Saudi worth waiting for
Tourism industry expected to gain massive boost
Real Estate
Saudi real estate, infrastructure projects top $1.2 trillion mark: Report
Western Saudi to deliver $687 bn worth of real estate projects by 2030
Markets
New stock exchange deal fosters closer Saudi and China ties
June saw Saudi Arabia hosting the Arab-China Business Conference
Saudi Arabia
stc Group acquires a 9.9% interest in Telefónica
For a total consideration of SAR 8.5 billion (EUR 2.1 billion).
Banking & Finance
Saudi to commit investments worth $25 bn in Pakistan next 5 years
Investments will target mining, agriculture, and information technology
Banking & Finance
Saudi banks see marginal profitability gains in Q2
Amidst slight decline in net profit
Hospitality & Tourism
flynas to launch new operations base at Madinah Airport
In collaboration with Tibah Airports Operation
Economy
Saudi, Italy forge 21 agreements to boost trade and investment relations
Italy emerges as long-term partner for Saudi in energy, sustainability
Interviews
Exclusive interview with Chris Newman, Executive Director, NEOM Hotel Development
With 95% of the land protected for nature, NEOM offers incredible biodiversity
Saudi Arabia
Saudi’s global water organization to initiate global sustainability collaboration
Facilitating exchange, advancing expertise and technology
Banking & Finance
Saudi fintech companies already double all of last year’s numbers
They generated total revenues of $746.4 mn in 2022
Saudi Arabia
Huawei to help Saudi’s AI drive with new cloud data center
Huawei said it would invest $400 mn in Saudi’s cloud region over 5 years
Saudi Arabia
Saudi’s Aramco pondering selling more shares before end of 2023
Shares will likely be listed on the Riyadh bourse
Banking & Finance
Meaning of PIF acquisition of Saudi’s two largest steel companies
Fund pays $3.3 billion for 100% of SABIC-owned steel
Health
Saudi’s multi-billion dollar health research funding bid
Part of initiatives to address aging population
Economy
Saudi Arabia records trade surplus in Q2 despite dip in oil exports
Oil exports dropped to SR227.7 bn in Q2 2023
Miscellaneous
Saudi makes powerful $100 mn PFL investment
A global influence in the making
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