#Saudi Arabia

Saudi Arabia’s PIF launches new property developer for staff housing market

Dubai: Saudi Arabia’s Public Investment Fund (PIF) launches a new property development company aimed at providing housing for workers on…

1 year ago

Saudi Arabia, Spain partner up in drone and automotive sectors

Dubai: Saudi Arabia is seeking partnerships with Spanish firms in drone technology, automotive components, and geological surveying, following discussions between…

1 year ago

Saudising medical jobs gets boost

Cairo: Saudi Arabia has unveiled a new plan to increase the numbers of Saudis working in four health professions in…

1 year ago

Saudi Arabia ranks lowest globally for financial fraud crimes

Dubai: Saudi Arabia ranks lowest in financial fraud crimes globally. This was revealed by Naif Al Wakid, head of the…

1 year ago

Severe weather alert: Saudi Arabia issues heavy rainfall and flash flood warning until Tuesday

Riyadh : The General Directorate of Civil Defense has urged citizens and residents to take precautions by staying in safe…

1 year ago

Saudi Arabia’s PIF allocates $19b for green projects

Dubai: Saudi Arabia's Public Investment Fund (PIF) has increased its investment plan for green projects to over $19.4 billion (Dh71.2…

1 year ago

Riyadh Metro to open early 2025

Dubai: Saudi Arabia announces the official launch of the Riyadh Metro, set for early 2025, nearly a decade after the…

1 year ago

Riyadh-Jeddah railway line awaits final financing approvals

Dubai: Saudi Arabia Railways aims to secure financing for its Landbridge project, which will connect the eastern and western regions…

1 year ago

Saudi Arabia invests $15m in start-ups

Dubai: Saudi Venture Capital (SVC) Co invests $15 million (Dh55 million) in the Saqr 2 Fund, which focuses on early…

1 year ago

Investment announces worth $28b to be held in FII8

Dubai: Richard Attias, CEO of the Future Investment Initiative (FII) Institute, announced that deals totalling $28 billion (Dh102 billion) are…

1 year ago

Saudi Arabia, Egypt to enhance trade, investment relations

Dubai: Hassan El Khatib, Egypt’s minister of investment and foreign trade meets with Abdul Aziz Al Sukran, deputy head of…

1 year ago

Tamkeen Human Resources Company aims to raise $106m in IPO

Dubai: Saudi Arabia’s Tamkeen Human Resources Company aims to raise between $97 million (Dh356 million) and $106 million (Dh389 million)…

1 year ago

Saudi Arabia’s non-oil GDP up by 4.9 per cent

Dubai: Saudi Arabia's non-oil gross domestic product (GDP) growth remained robust in the second quarter, with a year-on-year increase of…

1 year ago

Saudi Arabia: Personal visit visa for non-Saudis allow umrah and tourism across the Kingdom

Dubai: The Saudi Ministry of Hajj and Umrah has clarified that personal visit visa allows Saudi citizens to invite non-Saudi…

1 year ago

Direct flights to Saudi Arabia rise, 12 foreign airlines launch

Dubai: Twelve foreign airlines began offering direct flights to Saudi Arabia, in the first ten months of 2024. This contrasts…

1 year ago

Jazo, Getty Images announce partnership in Saudi Arabia

Jazo PR, a boutique entertainment consultancy based in Riyadh and Getty Images, a global visual content creator and marketplace, announced…

1 year ago

Saudi Arabia’s PIF invests $10b in green hydrogen production

Dubai: Saudi Arabia’s Public Investment Fund (PIF) launches a new entity aimed at investing approximately $10 billion (Dh36.7 billion) in…

1 year ago

Saudi Arabia’s e-commerce sees 9.4 per cent increase

Dubai: Saudi Arabia's e-commerce sector is experiencing growth, with 39,769 new businesses registered in the third quarter of this year,…

1 year ago

Saudi Arabia, Nasa discuss partnership in advanced technology

Dubai: Saudi Arabia aims to enhance its relationship with Nasa (American National Aeronautics and Space Administration) following a recent high-level…

1 year ago

Arabian Mills gives 5 shares per subscriber

Dubai: Arabian Mills’ IPO announces the completion of the retail subscription period. Each individual subscriber was guaranteed a minimum allocation…

1 year ago

Saudi Arabia attracts $144b in foreign investments

Dubai: Saudi Arabia secures $144 billion (Dh528 billion) in foreign investments as part of its Vision 2030 initiative, according to…

1 year ago

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