Saudi Arabia

First Saudi Green Initiative Day: Celebrating the Kingdom’s commitment to sustainability

The occasion coincides with the initial launch of the Saudi Green Initiative on the same date in 2021

Saudi Arabia sets ambitious goal to rank among top 10 global tourism destinations in 2024

The Kingdom currently holds 940,000 jobs in the tourism and hospitality fields

Saudi Arabia’s private equity activity surges to $4 billion in transactions in 2023

Kingdom's private equity sector thrives, dominated by buyout transactions

Gold prices in Saudi Arabia slightly decrease as dollar holds firm

Globally, spot gold stabilized at $2,179.98 per ounce

Saudi Arabia’s ADES Holding inks two agreements for oil exploration and production in Egypt’s Gulf of Suez

For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion

12 percent surge in Saudi business registrations, reaching 1.12 million

The city has seen a 14 percent increase in commercial records, surpassing 192,000 in the past five years

Saudi Arabia to get new Social Responsibility Index

The index seeks to encourage enhanced company practices

Saudi Arabia’s Rasan gets IPO approval, to offer 22.7 million shares on Tadawul

The IPO will involve the sale of 30 percent of the company's capital

OPEC Secretary General: Oil industry calls for $11.1 trillion in investments by 2045

Al Ghais highlighted OPEC’s role in addressing global issues like climate change, energy transition

Saudi Arabia’s Sharaan Resort project at AlUla begins

Upon completion, the resort will feature 38 suites carved into the sandstone mountains of AlUla

With over $15.4 billion in investments, Aramco seeks stronger collaboration with China

Amin Nasser highlights mutual opportunities for economic growth and investments

Dealmaking potential soars in the Middle East in 2024: Report

Robust M&A activity in the region with economic diversification driving growth

Top performing airports in Saudi Arabia highlighted in GACA report

King Abdulaziz International Airport secured the top spot with a 91 percent compliance rate

Saudi Arabia’s Mawani introduces ‘GALEX’ shipping service at King Abdulaziz Port in Dammam

This service aims to strengthen the maritime connections between Saudi Arabia and East Asia

Saudi Arabia, Bahrain strengthen collaboration in transportation and road maintenance

The agreements seek knowledge sharing and the organization of training programs and seminars

Oil to retain significant role in energy markets for decades, affirms OPEC Secretary General

Al-Ghais highlighted that calls to abandon oil were "wrong" and "unrealistic"

Saudi Arabia’s Qiddiya set to construct world’s first ‘Dragon Ball’ theme park

The park features more than 30 exciting attractions, including five state-of-the-art rides

Saudi Arabia’s air traffic surpasses pre-pandemic levels in 2023 with 112 million passengers

Saudi Arabia attributes the surge in passenger traffic to the increasing prominence of low-cost carriers

Saudi Arabia’s airports excel in complaint resolution: GACA reports near-perfect performance in February

King Khalid International Airport topped international terminals with over 6 million passengers annually

Saudi gold market faces volatility as U.S. dollar gains momentum

Copper retreats from 11-month highs amid growing concerns over China