Qiddiya Investment Co, the flagship project under the Public Investment Fund (PIF) of Saudi Arabia has recently launched an executive office, which is focused on enhancing partnerships of the Company…
Saudi Aramco has reported a net income of SR103.37 billion which translates to $27.52 billion for its third quarter of the year 2024, surpassing the predicted earnings of equity analysts…
Saudi Arabia will invest $25 billion in Africa's private sector in the next ten years as a result of economic and trade cooperation improvements between the Kingdom and the continent,…
Saudi Arabia's National Debt Management Center issued its second riyal-denominated sukuks for October with a record issuance worth SR7.83 billion or around $2.09 billion, representing a whopping 201 percent increase…
Saudi Arabia's POS spending has reached SR58.51 billion equivalents to $15.6 billion in August 2024, while increasing by 9.67 percent over the same period last year, according to data published…
On October 16, 2024, a memorandum of understanding was signed between GAMI and GACA. The development of advanced air mobility technologies will be further emphasized through this memorandum. The agreement…
Saudi Arabia's annual inflation rate was unchanged at 1.7% in September 2023 compared with the same month last year, mainly because of high and increasing housing costs, the General Authority…
Saudi Arabia has emerged as a leader in regional sustainable construction as it managed to register 2,000 of the 5,000 green building projects across the Arab world which was declared…
Startups in the Middle East and North Africa region raised $1.3 billion in funding in the first nine months of 2024, marking a 13% decline from the same period last…
Saudi Arabia's Ministry of Finance has released its pre-budget statement for fiscal year 2025, foreseeing revenues in the range of SR1.18 trillion or $315.73 billion. The ministry reduced the forecast…
