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Saudi Arabia
Banking & Finance
Saudi Arabia’s actual budget deficit lower than 2021 estimations
Non-oil sector constituted 88% of the total increase in actual revenues
Health
Big Saudi pharma choosing an IPO growth strategy
A mega IPO-filled 2021 is encouraging large companies to sell shares
Energy
Saudi Aramco ranks second in the world in market cap
Aramco announces in March its top financial results for 2021
Economy
Saudi Arabia a natural “incubator” for startups
SMEs among the most important drivers of economic growth
Energy
Al-Rumayyan: Aramco continues to secure the world’s energy needs
Sustainability in the Aramco hierarchy of priorities
Saudi Arabia
STC achieves highest increase in profits since 2007
STC net profit increased by 316 million riyals from the previous year
Banking & Finance
Al-Rajhi Bank to raise its capital to SAR 40 billion
It’s the second such increase since 2019
Hospitality & Tourism
Saudi Tourism Authority, Emirates Airlines to co-boost Saudi tourism
The airline has a global network of over 120 cities
Banking & Finance
BNPL changing payment habits in UAE, Saudi, globally
BNPL is framed as an interest-free alternative to credit card payments
Economy
Saudization aims include more Saudi women workforce participation
The number of Saudis in the labor market reached over 1.9 million
Industry
Saudi mining industry good as gold
The Saudi mining sector in 2021 reached 83 billion riyals ($22.41 billion)
Economy
Transportation prices raise annual inflation in Saudi to 1.2%
Saudi expects an inflation rate of 1.3% in 2022, and 2% in 2023 and 2024
Banking & Finance
Will Saudi’s PIF issue green bonds soon?
PIF’s ranking rose to sixth in the world, having compiled assets worth $580 billion
Industry
Saudi industry 4.0: Privatization, employment core to growth strategy
Saudi is one of the world’s fastest-growing countries in manufacturing
Economy
Saudi’s Crown Prince transfers 4% of Aramco shares to PIF
Transfer part of Saudi's long-term strategy to restructure its economy
Saudi Arabia
Saudi Aramco… turning big ideas into bigger realities
Prosperity7 was designed for the development of next-generation technologies
Saudi Arabia
NEOM, MBC GROUP to launch first AAA games studio in ME
The AAA gaming studio will form an integral part of the NEOM Media Hub
Economy
What does Moody’s giving the PIF an A1 rating mean?
The fund's assets increased to $412 billion in 2020 from $152 billion in 2015
Saudi Arabia
Launch of several digital government services in Saudi
Global, regional, local audiences witnessed Saudi’s digital transformation
Energy
Saudi sees green with hydrogen gas
Saudi raised its natural gas production by 30% over the last 10 years
Logistics
Riyadh Metro on track for completion during H1 2022
Riyadh Metro was a headline grabber before its upcoming launch
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Real Estate
Saudi crown prince launches $20B ‘Downtown Jeddah’ project
The project will add SAR47 bln to the Kingdom's economy by 2030
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