Saudi Arabia

Saudi Arabia launches $11.2 billion tourism initiative, aims for 120,000 jobs

The new program aims to boost business and attract local and international investors

LEAP 2024: Cisco to establish new regional HQ in Riyadh

The company also extended its country digitization program to support digital transformation

LEAP 2024: Saudi Ministry of Media forges 4 agreements with global entities

The deals aim to develop training programs for media orkers, focusing on AI and other technical fields

Saudi Arabia’s non-oil sector activity rises at the quickest rate in five months

Riyad Bank PMI shows encouraging signs despite lingering competitive pressures

LEAP 2024: KACST inks 13 partnership agreements to build semiconductor system

The deals also aims to establish centers of excellence for emerging technologies and future communications

Saudi Arabia-Brazil business forum explores boosting partnerships

Bilateral trade between the two countries has reached $8 billion

Second phase of Saudization of licensed aviation professions launched

This phase will focus on pilots and flight attendants

Over 350 international investors to establish regional headquarters in Saudi Arabia 

The minister highlighted a tenfold increase in international investment licenses in the Kingdom

45 percent of tourism sector employees in Saudi Arabia are women, says vice tourism minister

A total of 925,000 individuals are currently employed in the tourism sector

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

Saudi Arabia’s ACWA Power net profit soars 8 percent to $443 million in 2023

The company’s board approved a dividend payment of SAR 329.0 million for 2023, payable in 2024

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

Riyadh Air, Adobe partner to deliver personalized AI-driven travel experiences

Adobe's Experience Cloud to power airline's vision of personalized travel journeys

Saudi Arabia launches strategy and academy to develop human capabilities in industry, mining

The new academy will offer direct training programs for professionals and graduates

MWC 2024: Ericsson, stc Group’s iot squared sign MoU with aim to transform Saudi Arabia’s waste landscape

Digitizing waste flows to enable optimization, monetization of waste and recycled raw materials

Saudi Arabia launches clean diesel, Euro-5 gasoline in local markets

The move solidifies the Kingdom's position as a leader in sustainable efforts within the Middle East and North Africa region

Saudi CEOs’ confidence in Kingdom’s economic growth, AI Impact reaches 89 percent: Report

GenAI predicted to boost product quality, competitiveness, and workplace efficiency

Saudi Aramco signs multiple supply deals worth $6 billion

The agreements are aimed at fostering localization and supply chain development

Saudi Arabia welcomes over 100 million tourists in 2023, surpasses Vision 2030 targets

Saudi Arabia has led the G20 in international tourist growth rate in 2023

Moody’s affirms top credit ratings for key companies in Saudi Arabia

Ratings reaffirm financial resilience and strategic importance within national economy

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