Saudi Arabia

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

Saudi non-oil exports jump to SAR 26.7 bn in July

Merchandise exports rose by 58.8% year on year

Saudi National Day: Everything you need to know

Dubai to also commemorate the occasion with events across the city

Europe’s energy crisis plans only short-term solution: Aramco CEO

“Even if the conflict in Ukraine stopped today, the crisis would not end”

Saudi woman named to chair Lazard’s Investment Banking Business

Al-Suhaimi held for 20 years senior leadership financial positions in Saudi

Saudi invests SAR 776 mn with SenseTime to build AI lab

To place Kingdom at the forefront of AI tech in the region

Saudi PIF to acquire $412 mn stake in local tourism firm “Almosafer”

Almosafer aims to use the investment to fund its growth and expansion plans

Second Global AI Summit kicks off in Riyadh

Summit covering all aspects of AI, ways to benefit from AI technologies

Saudi announces 3 projects in iron, steel sector worth $9 bn

"Saudi priorities include localizing steel products of all types"

Saudi plans to launch global initiative to attract supply chain companies

Initiative to also focus on forging partnerships with manufacturers from private sector