Saudi Arabia

SAR records over 10 percent growth in cargo transport in 2023

Partnership agreements forge path for enhanced logistics and industrial development

stc Group partners with iBASIS to boost IoT connectivity in MENA

Enhancing global communication and driving digital transformation in the region

PIF Private Sector Forum strengthens economic vision through strategic partnerships

Event concludes with commitment to Saudization and private sector empowerment

Xaynor: A luxurious beachfront retreat in NEOM

An exclusive getaway on the pristine Gulf of Aqaba coastline

Saudi Arabia’s traded shares exceed $52 billion in January

Despite global uncertainties, Saudi stock indexes reflect stability and growth

27 million tourists visited Saudi Arabia, spent $26.66 billion in 2023

Kingdom aims to attract 150 million domestic and 70 million international tourists

Saudi Arabia launches National Automotive and Vehicles Academy, establishes Automotive Manufacturers Association

Training program to produce qualified staff for local car manufacturing companies

Saudi Arabia’s tech firm ‘Alat’ names Amit Midha as global CEO

Collaboration with leading corporations to innovate and revolutionize industries

MENA IPO market soars with 48 IPOs in 2023, reaping $10.7 billion

Energy and logistics sectors lead as MENA continues to attract global investments

EFG Hermes concludes advisory on Kazyon’s acquisition of 50 percent stake Dukan in Saudi Arabia

Following collaboration in Kazyon's $76.5 million capital raise/private placement in 2014

Saudi Arabia achieves $16 billion budget surplus in Q4 2023

Due to 40.7 percent YoY decline in government expenditures

Saudi Arabia maintains A++ rating with stable outlook: Fitch

Classification reflects Kingdom's robust external financial strength

Saudi Arabia’s PIF launches today second private sector forum, unveiling new local business opportunities

Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector

Saudi Arabia’s non-oil sector grows, PMI records 55.4 in January

Economic expansion continues amid inflationary pressures and supply chain risks

Saudi Arabia launches initiative to localize 23,000 jobs

Empowering Saudi youth and and enhancing their job opportunities

stc users exceed 16 million following Riyadh Season launch

stc's continued investments are reflected in the volume of 5G network use

Saudi Arabia reveals FDI inflow of $4.53 billion in Q3 of 2023

New FDI methodology aligns with the IMF's standards

Saudi Arabia to host historic COP16 in Riyadh

Strengthening international efforts to reduce land degradation and desertification