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The agreements involve Chinese banks and focus on two-way capital flows through debt and equity
The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah
Apartment prices in Saudi Arabia increased by 2.9 percent while villa prices declined by 0.5 percent
Oil revenues see significant 17.08 percent rise to $56.77 billion in Q2
Arab world's total vehicle sales in 2022 exceeded 1.7 million units, with 36 percent of these sales occurring in Saudi Arabia
The mega-project awarded 26 projects to companies in Tabuk, helping 583 people secure employment
Saudi Arabia's consumer confidence is significantly higher than the global average of 50.2
This development underscores the port's crucial role in facilitating global trade
The bid reflects Kingdom’s efforts to achieve the sports goals of Vision 2030
The value of the Kingdom's data and AI economy is currently at around $4-5 billion
Transshipment containers also surged by 87.87 percent to 37,806 units from 20,124 in 2023
Projects boost NEOM's commitment to leading-edge sustainable transportation solutions
Saudi Arabia's exports to China amounted to 15.2 percent of total exports, making the country the top export destination
The contract has been awarded to a joint venture of two Saudi construction firms, Urbacon and Al Bawani
Hotel spending also increased, rising by 0.2 percent compared to the previous week to reach SAR270.2 million
AI center will provide the banking sector with an advanced research, innovation and analytical environment
GCC fixed income markets saw $75.5 billion in primary issuances during this period
Airline will operate three weekly flights between Madinah airport and Bahrain International Airport in Manama as of September 10
Digital solutions include 3D maps, simulation models for urban planning and flood management, and monitoring and control centers
Lilium expects to deliver the first jets to Saudia in 2026
The issuance consists of three tranches of dollar-denominated senior unsecured notes under Aramco's global debt program
Saudi Arabia achieved 60 million visits during the first half of 2024
Crude oil production increased to 8.99 million bpd, reflecting a monthly rise of 0.08 percent
Saudi Arabia's logistics sector saw a remarkable 48 percent growth in container handling during Q2 of 2024
