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Saudi Arabia
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
Miscellaneous
Riyadh Season 2023 draws in more than 72 million visitors globally
The initiative recorded over 6,000 licenses for 230 entertainment destinations
Energy
Saudi Aramco discovers 15 trillion cubic feet of gas in Jafurah field
Jafurah field's resources reach 229 trillion cubic feet of gas and 75 billion barrels of condensate
Economy
64 percent of consumers in Saudi Arabia regard Ramadan as opportune time for new purchases: Report
Appetite for spending in the Kingdom soared 46 percent ahead of Ramadan 2024
Logistics
Saudi Arabia and China ink agreement to develop air transport
The partners are exploring opportunities for economic growth and technological advancements
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
Hospitality & Tourism
NEOM expands its vision with Elanan: A sustainable nature retreat
A serene oasis on the Gulf of Aqaba
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
Miscellaneous
Saudi Arabia to celebrate Founding Day: A reflection on centuries of historical legacy
Vibrant cultural events nationwide expressing love, creativity, and loyalty
Logistics
Saudi Arabia sees 12 percent surge in non-oil exports in December 2023
China emerges as primary merchandise trading partner
Logistics
Saudi Investment Ministry, French CMA CGM Group forge transport and sustainability partnership
The collaboration supports Saudi Arabia's Vision 2030 Transport Strategy
Logistics
Saudi Arabia fosters cooperation in aviation sector at Changi Aviation Summit 2024
Kingdom deepens ties with Singapore to drive growth in civil aviation
Saudi Arabia
Cisco: Over 90 percent of organizations in Saudi Arabia have an AI strategy in place or under development
82 percent of companies plan to invest in upskilling employees on AI
Industry
PIF-backed Alat signs global agreements to enhance sustainable technology manufacturing
The company seeks to invest $100 billion by 2030 to strengthen the tech industry
Economy
Saudi Arabia signs six MoUs to boost education, investment, and sustainability efforts
The agreements align with the goals of Vision 2030
Markets
Gold prices increase amid Fed rate cut speculation
Investors await Fed minutes for clues on interest rate timing
Saudi Arabia
stc Group records $19.28 billion in revenues for 2023
The Group reported $3.6 billion in net profits
Economy
Saudi Arabia’s strategic reforms propel it to top spots in Kearney’s Global Retail Development Index
This positive development reflects the Kingdom's strategic shift away from oil dependence
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.
Economy
Saudi Arabia’s Regional Headquarters Program: What you should know
Benefits include a 30-year tax break
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
Logistics
Road Quality Index: Saudi Arabia surges to 4th position among G20 nations
The WEF report showcases a substantial leap in the Kingdom's RQI, rising from 5.2 to 5.7
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