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The company set the final offer price at SAR66 per share, indicating a market capitalization of $903Â million
The Kingdom is becoming a dynamic center for high-profile events and large-scale gatheringsÂ
The new London Gatwick to Jeddah route will operate daily year-round, starting 31 March 2025Â
Initiative is part of Saudi Arabia's efforts to enhance the quality of life by implementing high-efficiency digital solutions in Saudi cities
Partnership seeks to provide access to world-class cloud infrastructure, addressing the diverse needs of customers
Since the beginning of the year, Saudi Arabia's liquidity has grown 5.5 percent, rising by over SAR148.83 billion
Seasonally adjusted real GDP rose by 1.4 percent compared to the first quarter of 2024
Saudi Arabia is now earning more from international visitors than it is spending on outbound tourism, shifting service balance to a surplus
Partnership will contribute to the digital transformation of financial services in Saudi Arabia, in line with Vision 2030
This MoU will expire upon signing the SPA, expected by September 30
In 2023 alone, investments in fintech in Saudi Arabia exceeded $790 million, an 8-fold increase from 2021's $91 million
The Fund highlighted resilient non-oil growth in the Kingdom, applauded record low unemployment
The telecom, media & entertainment, and technology sectors could achieve the highest potential margin upside by adopting GenAI
Samsung Pay provides secure payments, letting users manage digital cards in the Samsung Wallet app
The PMI noted significant job creation, with employment rising at one of the highest rates in a decade
By the end of Q2 2024, the number of Fintech companies in the Kingdom reached 224, exceeding the target of 168
Partnership aligns with Saudi Arabia's Vision 2030 objective of becoming a global leader in renewable energy and sustainable development
Saudi Minister of Tourism oversaw agreement between Air Connectivity Program and Virgin Atlantic Airlines
800+ development projects have been funded by SFD since inception
Saudia celebrated the inaugural flight to Medan with a ribbon-cutting ceremony at Prince Mohammad bin Abdulaziz International Airport in Madinah
This funding will support the development, design, construction, and operation of the projects
Partnership showcases the airline's dedication to fostering local innovation and contributing to the broader economic goals of Saudi Arabia
The sales surge is linked to the company’s launch of multiple housing projects across the Kingdom
Brent crude to average $84 per barrel in 2024, broadly in line with the average over the last 18 months
