Saudi Arabia

GEC2022 inks 51.8 billion riyals worth in agreements

Agreements aim to promote entrepreneurship in various fields

PIF-backed Dussur signs 4 joint ventures, global acquisition deal

Agreements reflect Dussur’s appetite to invest in Saudi industrial sector

Saudi Central Bank licenses 3 new fintech companies

SAMA reaffirmed commitment to support finance and payments sectors

Technological spend in Saudi highest globally

Spending valued at 93 billion riyals by 2025

Saudi GEC: Over 6 billion riyals in third day agreements

Several programs were signed, initiatives launched and agreements

SAR 28.9 billion in day 2 agreements and launches at Saudi GEC

The conference continued under the slogan "We Reinvent, We Renew"

Entrepreneurship conference in Riyadh: Agreements worth 16 billion riyals

Saudi Ministry of Investment grants 4 licenses to start-ups, one VC fund

Saudi consumer confidence growing, as economy surges

The region's net consumer confidence increasing 0.7 percent

ADQ, Turkey Wealth Fund to support Turkish startups

Fund will invest in companies developing new tech or improving existing ones

PIF Announces partners of Voluntary Carbon Market for MENA

The Partners will supply, purchase, and trade carbon credits

“Saudi Electricity Company” profits jump 5 fold

SEC completed the implementation of sector regulatory and financial reforms

The Saudi economy grew 3.2% in 2021

Non-oil activities grew 5.1% in Q4 year on year

Annual inflation in Saudi Arabia rises to 1.6 percent in February

This is attributed to the 4.3% increase in transportation prices

Saudi Crown Prince launches SAR570 bn National Development Fund strategy

An integrated financial institution towards achieving "Vision 2030"

 Saudi “Nahdi Medical” sells its shares at peak prices

Bloomberg: The largest IPO in Saudi Arabia since Aramco

Saudi World Defense Show records deals worth SAR 29.7 billion

22 localization and capacity building agreements were announced

Saudi stock market boom boosts Tadawul 2021 profits to 17.4%  

Net profit amounted to 587.7 million riyals ($156.64 million) at the end of 2021

Masterplan for Prince Mohammed Bin Salman Nonprofit City revealed

City located in the Irqah neighborhood, in a 3.4 km2 area

“International Defense Exhibition” helps achieve Saudi Vision 2030

Anticipation of an economic contribution reaching $186.6 million