Saudi Arabia

Saudi logistics sector market size to grow to SAR57.4 bn by 2030

Saudi logistics sector market size to grow to SAR57.4 bn by 2030

Kingdom climbed 17 ranks in the Logistics Performance Index 2023

Saudi to speculators ahead of OPEC meeting: Beware

Saudi to speculators ahead of OPEC meeting: Beware

Oil prices rose on Wednesday following lower nventory data

Saudi’s Dussur invests SAR405 mn in Italian chemical company

Banking & Finance

Saudi’s Dussur invests SAR405 mn in Italian chemical company

Dussur plans to establish specialized factories in Saudi

NEOM secures $8.4 bn financing for green hydrogen plant

NEOM secures $8.4 bn financing for green hydrogen plant

World's largest carbon-free plant to produce green ammonia by 2026

PIF, ACWA Power to develop $3.2 bn Saudi solar projects

PIF, ACWA Power to develop $3.2 bn Saudi solar projects

Joint venture to produce 4.55GWac renewable energy

Red Sea Global commits to accessible tourism for all

Hospitality & Tourism

Red Sea Global commits to accessible tourism for all

Tailored experiences will be provided for people with disabilities

Foreign, joint investments in Saudi industry surpass SAR542 bn

Foreign, joint investments in Saudi industry surpass SAR542 bn

Number of factories with foreign investment in the Kingdom reached 930

Saudi launches first film investment fund worth $100 mn

Saudi launches first film investment fund worth $100 mn

Vision 2030 targets $24bn film industry for Saudi economy

Saudi takes second place globally in international tourist growth rate

Hospitality & Tourism

Saudi takes second place globally in international tourist growth rate

Kingdom advanced 12 places in 4 years

Moody’s affirms Saudi A1 credit rating, expects budget to continue improving

Moody’s affirms Saudi A1 credit rating, expects budget to continue improving

Moderate debt levels, large financial reserves and high economic resilience

Saudi’s First Milling to offer 16.6 million shares in IPO

Saudi’s First Milling to offer 16.6 million shares in IPO

Company achieved steady sales growth in 2021 and 2022

Saudi Crown Prince establishes investment fund for Riyadh Air

Hospitality & Tourism

Saudi Crown Prince establishes investment fund for Riyadh Air

New national carrier a strategic move towards Saudi Vision 2030

Saudi considers second Aramco IPO, could raise over $20 bn

Saudi considers second Aramco IPO, could raise over $20 bn

Offering expected to be the world's largest in recent years

Saudi’s sukuk issuance draws massive $17 bn in requests

Banking & Finance

Saudi’s sukuk issuance draws massive $17 bn in requests

Citigroup, JPMorgan, and Standard Chartered coordinated issuance

Jamjoom Pharma sets IPO price range: Aiming to raise $336 mn

Jamjoom Pharma sets IPO price range: Aiming to raise $336 mn

Cornerstone investors agreed to subscribe

Riyadh neighborhoods get a Royal renaming

Riyadh neighborhoods get a Royal renaming

New name, new development

How’s the Saudi soccer league carving its place into the future of football?

How’s the Saudi soccer league carving its place into the future of football?

Messi and Lloris linked to Al-Hilal and unnamed FC

Lucid’s struggles don’t dampen Saudi’s EV ambitions

Lucid’s struggles don’t dampen Saudi’s EV ambitions

Lucid's Jeddah plant construction continues

Despite Q1 profit hit, Aramco shares up on new dividend policy

Despite Q1 profit hit, Aramco shares up on new dividend policy

New payout will be between 50% to 70% of company's annual free cash flow

stc Group achieves highest quarterly revenues in its history

stc Group achieves highest quarterly revenues in its history

Company's net profit reached SAR3,109 mn

Saudi, US, UAE, and India discuss diversifying supply chains and investments

Saudi, US, UAE, and India discuss diversifying supply chains and investments

Regional integration in focus

Aramco announces 19% drop in profits in the first quarter

Aramco announces 19% drop in profits in the first quarter

The company attributed this decline to low oil prices

IHG Hotel & Resorts, STA to accelerate growth of tourism sector in Saudi

Hospitality & Tourism

IHG Hotel & Resorts, STA to accelerate growth of tourism sector in Saudi

MoU aims to increase inbound visitation to Saudi Arabia

Falling oil revenues results in 3 billion riyals Q1 Saudi budget deficit

Falling oil revenues results in 3 billion riyals Q1 Saudi budget deficit

Non-oil revenues jumped 9% to more than 102 billion riyals