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Saudi Arabia
Banking & Finance
Saudi Arabia approves contracting regulations for non-Saudi firms
Directive related to Regional Headquarters Program
Saudi Arabia
stc and Merwas sign MoU to promote local cultural content
Promoting Saudi Arabia's audio identity and culture
Economy
Consumer spending in Saudi Arabia jumps to $47 bn month-on-month
Kingdom’s economy shows growth, driven by a strong private sector
Banking & Finance
Saudi Arabia’s The Avenues Khobar secures SAR4.35 billion funding
One of the largest tourism projects in the Eastern Province
Industry
Saudi Arabia launches The Second Industrial City in Aseer
Saudi Arabia's clear future directions for developing the industrial sector
Saudi Arabia
Saudi Arabia signs 7 agreements to localize the energy sector
Localizing the energy sector and employing graduates specialized in renewable energy
Banking & Finance
Saudi Arabia concludes €1 billion financing deal with Italy’s SACE
Strengthening trade and investment relations between the two countries
Saudi Arabia
center3 expands footprint in Africa and the Middle East through CMC Networks acquisition
Acquisition is subject to customary conditions and approvals
Markets
Saudi Arabia raises SAR10.55 bn in local sukuk in December
The total volume of bids amounted to approximately SAR14.125 billion
Hospitality & Tourism
53.6 million tourists visit Saudi Arabia during the first half of 2023
Total tourism spending reaches SAR150 billion
Energy
Saudi Arabia to produce 130 GW of renewable energy by 2030
Investing in renewable energy projects worth $188 billion
MENA
Egypt, Saudi Arabia’s ACWA Power sign $4 bn green hydrogen deal
Phase 1 targets 600,000 tons per year of green ammonia
Hospitality & Tourism
Saudi Arabia’s launches new unified visa platform, now get your visa in just 60 seconds
AI-powered platform ensures precise data verification, efficiency
Banking & Finance
Saudi Arabia launches FinTech program Makken to boost financial innovation
Efforts fall under Financial Sector Development Program
Logistics
Unwavering government support to propel Saudi Arabia’s aviation sector towards global leadership by 2030
Kingdom is building an attractive hub for business and tourism
Energy
Saudi’s ACWA Power signs $800 mn power purchase agreement for South African hybrid renewable project
Operation to commence by Q2 2026
Economy
Saudi Arabia signs 4 agreements to expand industrial cooperation with Korea
Over 24 meetings with the private sector and government agencies
Economy
Saudi investment funds surpass one million participants milestone in Q3
Up from 677,400 compared to the same period in 2022
Banking & Finance
Saudi Central Bank sets guidelines for BNPL companies, fueling fintech growth
SAR5 mn minimum capital requirement
Economy
IMF urges GCC countries to further enhance non-oil sector growth
Saudi Arabia, UAE lead in non-oil sector development
Economy
Saudi Arabia’s ambition to become a premier business hub: Unveiling Kingdom’s strategy to attract investments
Recent economic reforms fostered country’s openness on foreign investment
Economy
Global Labor Market Conference in Riyadh: Signing of 70 agreements worth $137 mn
Event witnessed the participation of over 6,000 attendees from over 40 countries
Hospitality & Tourism
FHS returns to Riyadh in 2024, uniting leading industry experts
Event to witness participation of more than 1,100 delegates from over 35 countries
Hospitality & Tourism
Saudi Arabia’s Expo 2030 to generate 250,000 jobs
In addition to 1,000 hotel rooms on the sidelines of the exhibition
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