Saudi Arabia

Riyadh strengthens position as international business hub

Robust economy, diversification, capital markets attracting investments

Saudi raises $5 bn in first bond sales in nearly a year

Price guidance set at 105 basis points over Treasuries for the Sukuk

Saudi, South Africa strike $15 bn worth of agreements

The two countries signed 11 deals to promote investment

Saudi keen to host two Grand Prix races in F1

F1 GP is set to return to Jeddah in March, 2023

Zain Saudi Arabia earns SAR 1.1 bn from towers sale to PIF

Company will acquire 20% stake in GLI when financial completion achieved

Oil industry requires $12 tn in investments until 2045: OPEC

"Oil price volatility means that no investments are being made"

New destination, AMAALA, coming to life in the Kingdom

AMAALA is on track to welcome its first guests in 2024

Saudi inflation climbs to 3.1% in September

Driven by increases in food prices, house rents

Saudi rejects criticism over OPEC+’s decision to cut output

Foreign Ministry: "Statements are not based on facts"

Saudi to host the 2029 Asian Winter Games at NEOM

Trojena, a mountain destination in NEOM, is due to be completed in 2026

Saudi non-oil private sector keeps up steady growth

Though activity slowed due to higher production costs

New Saudi company to develop downtown areas in 12 cities

Project will create new investment opportunities in key sectors

Georgieva: Saudi economy is a bright spot amid global crises

MOU with Saudi Finance to establish IMF regional office in Kingdom

Saudi’s Marafiq gears up for $1.2 bn IPO

Offering will correspond to a 29.24% of the company's shares on Tadawul

Saudi unemployment falls to lowest level on record in Q2

To 9.7% in Q2, compared to 10.1% in Q1 2022

Saudi to invest $38 bn in gaming

Revenue from the global gaming industry is expected to top $200 bn in 2022

King Salman appoints Crown Prince as Prime Minister

The cabinet reshuffle kept Mohamed Al-Jadaan as Finance Minister

stc Group congratulates leadership on 92nd Saudi National Day

"National Day anniversary comes as we continue march towards development"

Saudi tech start-up Elevatus raises $10.5 mn in funding

Venture capital funding in Saudi surged to $584 mn in H1 2022

Central bank digital currency is no alternative to cash, says SAMA chief

Global economy undergoing technological revolution driven by AI, IoT