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The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah
The contract has been awarded to a joint venture of two Saudi construction firms, Urbacon and Al Bawani
This highlights the strong economic and trade relationship between Saudi Arabia and China
Saudi Arabia saw record high net foreign investments, which rose 7.7 percent annually to $52.78 billion in 2023
Saudi Arabia's Ambassador to the U.K. highlighs the growth of debt markets and insurance companies across the Kingdom
Domestic institutional investors now hold around 0.89 percent of the company's shares
Market sees surge in liquidity with a traded value of SAR2.5 billion in 2023
Magna will prioritize cutting-edge technology, world-class architecture, and ultra-modern amenities in line with Vision 2030
Offering includes a GBP300 million tranche with a 5-year coupon and a GBP350 million tranche with a 15-year coupon
Robust inventory growth continued as companies sought to prepare for strong sales performances in the future, the report said
The report shows remarkable growth in operating income (+3.8 percent) mainly on the back of higher fee income
MISA processed during the quarter 445 investor visit visa applications, enabling overseas businesses to explore opportunities
The banks on the Aramco offering will take institutional orders until Thursday and will set the price of the shares the following day
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market
The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said
Neo Space Group is PIF's first venture into the space sector
Al Khateeb outlines plans to add over 250,000 hotel rooms, attract young Saudis to the industry
By 2025, the Kingdom is expected to account for 67 percent of the MENA region's total E&P expenditure
GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion
The Saudi aviation sector contributed $53 billion to the country's economy and supported around 958,000 jobs nationwide
The deal seeks to harmonize policies and legislation, and facilitate expertise exchange to address transport and logistics challenges
Saudi minister highlights the Kingdom's status as the fastest-growing economy over the past six years
An Education Task Force will be also established to promote cooperation in higher education
