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investment
Miscellaneous
Saudi Arabia’s PIF and ATP forge long-term strategic partnership to drive global tennis expansion
Hospitality & Tourism
Saudi Arabia’s Tourism Development Fund set to transform Riyadh’s downtown
Collaboration marks a milestone in Riyadh's evolution in line with Vision 2030
Industry
With $2.5 trillion in mineral resources, Saudi Arabia set to become global mining hub
Saudi Arabia's Vision 2030 serves as the driving force behind the nation's strategic endeavors in the mining industry
Markets
Bitcoin surges to over $63,000 amidst rising institutional interest
Investor enthusiasm fuels cryptocurrency's remarkable monthly gains
Economy
Moody’s affirms top credit ratings for key companies in Saudi Arabia
Ratings reaffirm financial resilience and strategic importance within national economy
Industry
Surge by 10 percent in Saudi Arabia’s industrial units, reaching 11,549 in 2023
The rise falls in line with the Kingdom’s plan to achieve target of 36,000 plants by 2035
Saudi Arabia
Saudi Arabia forecasts $1.59 billion investment opportunities for environmental commitment projects by 2030
The cost of environmental degradation surpassed $22.93 billion
Energy
Saudi’s TAQA aims to quadruple investments in 3 years, focus on Egypt
Egypt is creating favorable opportunities for companies interested in investing in the country
Logistics
Pakistan sets sights on $20 billion trade surge with Saudi Arabia
Saudi Arabia-Pakistan trade currently stands at $5.7 billion
Industry
MISA, China’s Goldenport sign $20 million agreement to drive investments in motor sports, automotive sectors
The deal is part of MISA's commitment to enhancing flexibility in licensing procedures and investor services
Economy
Saudi Arabia signs six MoUs to boost education, investment, and sustainability efforts
The agreements align with the goals of Vision 2030
Markets
Saudi Arabia’s Aramco plans bond issuance in 2024
Aramco will now be able to capitalize on recent declines in global interest rates
Economy
Saudi Arabia’s GDP soars from $693.27 billion to $1.06 trillion
Saudi Arabia is ahead of targets, Saudi Minister of Investment states.
Logistics
Saudi Arabia’s PIF acquires 40 percent stake in Zamil Offshore Services Company
The investment aims to enhance the financial resources of Zamil Offshore
Hospitality & Tourism
NEOM and MDLBeast launch mega beach club on $500 billion Sindalah Island project
Mega project launches first destination amidst ambitious transformation plans
Logistics
Saudi Arabia launches $373 million road projects in Makkah
Improving transportation network and serving pilgrims
Markets
Bitcoin market value tops $1 trillion with support from U.S. spot ETFs
Bitcoin's price peaks at $52,079 amid inflows to exchange-traded funds
MENA
Alibaba forges strategic partnerships with local Gulf companies
Chinese E-commerce giant strengthening ties with Saudi Arabia and the UAE
Markets
Saudi Arabia closes February sukuk issuance at $2.09 billion
Issuance was divided into three tranches
Economy
PIF Private Sector Forum strengthens economic vision through strategic partnerships
Event concludes with commitment to Saudization and private sector empowerment
Hospitality & Tourism
Saudi Arabia’s Diriyah project attracts $6 billion in private sector investments
Company to break ground on 11 new assets by the end of 2024
Hospitality & Tourism
Rua Al Madinah secures contracts worth over $79 million to drive hospitality industry forward
Deals were signed during PIF Private Sector Forum
Saudi Arabia
PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content
Agreements align with the objectives outlined in Vision 2030
Markets
Saudi Arabia’s traded shares exceed $52 billion in January
Despite global uncertainties, Saudi stock indexes reflect stability and growth
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