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Saudi Arabia
Health
Saudi getting in on anti-aging movement to the tune of $1 bn a year
Hevolution seeks to extend the health span
Banking & Finance
Sheila Alrowaily, the first woman to serve on SAMA’s board of directors
Increasing share of women in work in MENA could increase the GDP to $2 tn
Banking & Finance
Subsidiary to Saudi PIF buys a $1bn chunk of Embracer gaming group
The games and esports company will hold 8% of the shares
Saudi Arabia
Saudi-backed LIV Golf taking the sports world by storm
Big names. Big money. And a worldwide tour that spans the globe.
Hospitality & Tourism
Riyadh hosts the World Tourism Organization’s annual summit
The event discusses the pandemic's impact on the tourism industry
Hospitality & Tourism
‘Tourism Trailblazers’: a $100mn initiative to train Saudi youth on tourism jobs
Program to provide youths with exceptional tourism experience
Economy
Moody’s affirms Saudi’s credit rating at A1 with a stable outlook
"The government is able to control public finances and financial sustainability"
Economy
Growth in Saudi exceeds expectations, achieves 9.9% in Q1
Results coming from a significant increase in oil activities
Banking & Finance
Profits at top Saudi Arabian banks jump by 17.6% in Q1 2022
Growth attributed to several factors, including a buoyant energy market
Hospitality & Tourism
$1 bln to finance infrastructure projects in Saudi
Saudi to attract 70 million international, local visitors
Banking & Finance
Saudi shows foreign investor appetite and soaring IPOs in Q1 report
Foreign investors rose to historical levels in Q1, with 9,383 new licenses
Banking & Finance
Saudi’s PIF acquires 24% stake in Capital Bank for SAR 695 mln
Total shareholders’ equity raises to SAR 3.2 billion
Health
New MOU signed in Saudi to expand pharmaceutical capabilities
MoU to promote healthcare sector, raise Saudization
Economy
Jadwa expects Saudi’s foreign reserves to reach $581 billion by end 2022
The kingdom could make $400 billion from oil industry this year
Economy
Saudi exempts taxpayers from fines
The initiative aims to mitigate the economic fallout of the pandemic
Real Estate
Riyadh apartment prices accelerate by 20%
Government’s programs to boost home ownership have turbo-charged demand
Saudi Arabia
Saudi planning the largest buildings ever constructed
Skyscrapers are valued at $500 billion
Logistics
King Abdullah Port tops world’s most efficient container ports list
2 Saudi ports rise up in rank
Banking & Finance
Did Saudi just unleash a fintech boom?
106 deals worth in excess of $558 million, highest in the region
Economy
Investing in women’s workforce in Saudi Arabia could yield $400 billion
Women will improve the economic prosperity of Saudi
Saudi Arabia
stc, Alibaba to launch cloud services in Saudi
The new investment is valued at $238.3 million
Economy
Davos discusses future prospects of the Saudi economy
The Saudi wave will push all the ships in the region with it
Economy
Al-Jadaan: Saudi to cut VAT rate after replenishing reserves
"We are at a final stages of designing our fiscal sustainability policy"
Economy
Saudi expects economy to grow by 7.4% in 2022
Saudi oil GDP expected to increase by 19%
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