Saudi Arabia

ACWA sees profit surge despite supply chain challenges

Profits climbed to SAR151.9 compared to SAR139mn in 2021

Vision 2030’s media coverage gives Saudi big impetus

Vision 2030 media coverage grew by 74% since 2020

Lucid secures $3.4bn to set up first EV factory in Saudi

Lucid to produce 150, 000 cars per year in Saudi by 2027

Capital Economics: The Saudi economy will grow by 10% in 2022

Kingdom's oil production reached 10.35 million bpd in April

Aramco eyes IPO of its trading unit

The listing could raise $30 billion

Saudi’s PIF buys 5% of Nintendo’s shares

The deal makes the fund 5th largest investor in the video game company

EV sales in Saudi will reach 1.3 million by 2030

Electromin rolls out 100 charging stations for EVs across Saudi

Nonprofit City launches smart strategy

Solutions by stc contracted to implement the strategy

Saudi develops strong ecosystem for entrepreneurship

KAUST attracts 5 global deep tech startups to Saudi

$20bn worth of digital asset deals in Saudi in 2021

Saudi will soon witness accelerating adoption of crypto

Saudi seeks to produce 13.4 million barrels of oil per day

Prince Abdulaziz: Oil output depends on what we do in the divided zone

Saudi’s PIF invests 1.2 billion riyals in the coffee industry

It seeks to boost annual coffee beans production from 300 to 2,500 tons

Aramco’s net income in the first quarter increased by 82%

Al-Rajhi Financial expected Aramco to achieve profits of 136.6 billion riyals

SAUDIA offers new service to enhance the travel experience

It partnered with AMEX Saudi to launch new miles redemption program

Aramco General Assembly discusses increasing its capital

Several factors to boost Aramco's share prices in coming months

Key agreements signed at Future Aviation Forum in Riyadh

The agreements aim to strengthen the industry by investing in new innovations

Saudi Aramco displaces Apple, becomes most valuable company in the world

The company’s market value has risen to $2.464 trillion

Saudi banking sector rebounds amid recovery from pandemic

Net income increased by 15.5 percent to 48.8 billion Saudi riyals

SAUDIA to deepen collaboration with the business community

The airline launches a rebranded business division; SAUDIA Business

“Fitch”: Saudi banks recovering well from pandemic pressures

Higher interest rates in 2022-2023 would further support it