investment

Investor optimism soars as Saudi Arabia gears up for IPO market boom: Survey

20 percent of investors participated in IPOs over the past year and 15 percent engaged in IPO roadshows

Saudi Arabia’s non-oil economy to grow 4.4 percent in 2025 amid projects boom: Report

IMF expects 3.5 percent non-oil growth for the full year of 2024, similar to the official estimate of 3.4 percent

Cityscape Global 2024: Residential offers, financing solutions advance Saudi home ownership targets

The second day saw the announcement of an impressive $3.36 billion worth of new projects and strategic agreements in the Kingdom

Saudi Arabia’s population growth, expat inflows to raise residential real estate demand: S&P

Total number of real estate transactions across all asset classes surged by 38 percent to just over 106,700 in the first half of 2024

42 percent of Saudis plan to start businesses in three years: Report

Saudi Arabia’s entrepreneurial drive is at an eight-year high

Saudi women entrepreneurs on the rise since Vision 2030 launch: Report

Among the high-income economies, Saudi Arabia reported the highest total entrepreneurial activity rate for women at 23 percent

Saudi Mawani reports 8.26 percent cargo growth, exceeding 27 million tons in October 2024

Outbound containers experienced a notable 14 percent increase, reaching 254,832 containers

Red Sea Global secures $1.5 billion for AMAALA infrastructure

This funding was secured by a consortium led by EDF Group and Masdar, alongside Korea East-West Power Company and SUEZ Company

GASTAT: Saudi Arabia’s real GDP grows by 2.8 percent in Q3 2024

Oil activities expanded by 0.3 percent year-on-year, while non-oil activities experienced a notable growth of 4.2 percent 

Saudi Arabia, Vietnam promoting JVs and SMEs through strategic MoU for enhanced trade and investment

The agreement focuses on sectors with considerable growth potential, including industry, services, and the digital economy

Aramco’s Wa’ed Ventures allocates $100 million to invest in Saudi Arabia’s AI startups

Saudi Arabia’s gain from AI will likely exceed other countries in the Middle East with around $135 billion in value by 2030

Saudi Ministry of Industry, UNIDO sign agreement to promote industrial development in Kingdom

The partnership outlines initiatives to transfer advanced technology and modernize industrial processes 

Saudi Arabia’s non-oil exports surge to $7.32 billion in August 2024

This represents a $505.86 million increase over the previous year

Saudi Arabia, India strengthen ties in communications and space technology

This agreement with Saudi Arabia is TRAI’s 20th bilateral deal, boosting telecom cooperation between India and the Gulf 

Saudi Fund for Development invests $205 million in Serbia for agriculture, education, and energy projects

The funds will create jobs, boost the economy, and enhance Serbia’s global standing 

Saudi Venture Capital to invest $15 million in a VC Fund by Vision Ventures

Saqr Fund II aims for a total size of $90 million and will focus on early-stage startups, ranging from pre-seed to pre-Series B 

PIF-owned AviLease purchases Boeing 787-9 aircraft from BBAM

This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease

Saudi Transport Authority: Over 85 million postal shipments delivered in H1 2024

This volume was handled by over 70 licensed logistics companies, ensuring secure and confidential delivery 

Saudi Arabia, Egypt boost cooperation in tech investments to grow region’s digital economy

Value of Saudi Arabia's investments in Egypt has reached approximately $26 billion, with over 8,000 companies

Saudi Red Sea Authority aims to draw 19 million tourists to the coast by 2030: Report

The report highlights the sector's contribution to economic diversification, investment attraction, revenue generation, and job creation 

Saudi Arabia to import 307,000 tons of wheat for strategic reserve maintenance

This shipment is crucial for maintaining strategic wheat reserves and meeting the needs of milling companies

Saudi Arabia’s inbound visitor spending reaches $24.6 billion in H1 2024, travel account surplus at $11 billion

This rise in visitor spending highlights the substantial advancements made within the tourism sector

Saudi Central Bank issues compliance, internal audit principles for finance, real estate refinance companies

This initiative is part of SAMA's supervisory responsibilities aimed at ensuring the stability and growth of the financial sector