Saudi Arabia

Konami Enters UAE Gaming Market with New Vendor License

Konami enters UAE gaming market as it secures a critical gaming-related vendor license from...

Oman Opens Bidding Round for Three Onshore Oil and Gas Blocks

Muscat: The Ministry of Energy and Minerals has announced the launch of a new...

Iraq and Turkey Discuss Strengthening Regional Security and Bilateral Cooperation

Iraqi Prime Minister Mohammed Shia Al-Sudani and Turkish President Recep Tayyip Erdoğan held a phone conversation emphasizing regional...

Fawran Transactions Hit QR10.1 Billion Since Launch, Says Qatar Central Bank

The Qatar Central Bank (QCB) has announced a major milestone for the Fawran system,...

Saudi Arabia Records SR44.89 Billion Trade Surplus in Q4 2024 Amid Strong Growth in Non-Oil Exports

RIYADH: Saudi Arabia achieved a trade surplus of SR44.89 billion ($11.97 billion) in the fourth quarter of 2024, driven by a notable 17.3 percent...

Saudi Arabia’s Public-Private Partnerships Propel Economic Growth and Vision 2030 Goals

JEDDAH: Public-private partnerships (PPPs) are playing a pivotal role in Saudi Arabia’s economic transformation. They are driving foreign direct investment and fostering sustainable growth,...

Saudi Arabia Launches New Digital Platform to Enhance Aviation Services

Riyadh, Saudi Arabia – The General Authority of Civil Aviation (GACA) in Saudi Arabia has unveiled a groundbreaking integrated digital platform, marking a significant...

Alghanim Industries Breaks Ground on New Steel Manufacturing Facility in Saudi Arabia

Saudi Arabia is set to bolster its position as a global industrial hub with the launch of a new state-of-the-art pre-engineered building (PEB) and...

Saudi Arabia’s Refinery Output and Energy Initiatives Reflect Strong Growth and Strategic Cooperation

Saudi Arabia’s refinery production reached 2.54 million barrels per day (bpd) in December, marking a 5 percent increase compared to the same period last...

ACWA Power Expands Regional Presence with $693 Million Investment

Saudi Arabia’s ACWA Power has expanded its portfolio by acquiring a $693 million stake in power generation and water desalination companies across Bahrain and...

Saudi Arabia Expands Sukuk Issuance with $818 Million February Offering

Saudi Arabia has secured SR3.07 billion ($818 million) through its February sukuk issuance, reinforcing its strategy of tapping debt markets to support economic diversification....

Saudi Arabia to Host Fifth Capital Markets Forum in Riyadh

RIYADH: Saudi Arabia is set to host the fifth edition of the Capital Markets Forum from February 18 to 20 in Riyadh, bringing together...

Intertek Opens Regional Headquarters in Riyadh to Support Saudi Arabia’s Vision 2030 Goals

Intertek, a global leader in Total Quality Assurance, has inaugurated its regional headquarters in Riyadh, marking a significant step in its commitment to the...

Saudi Arabia Launches NextWave Seafarers Pilot Project to Support Maritime Training in Developing Nations

RIYADH — In a significant move to enhance global maritime cooperation and training, Saudi Arabia, represented by the Transport General Authority (TGA) and Bahri,...

Expatriate Remittances from Saudi Arabia Surge to SR144.2 Billion in 2024

RIYADH: Expatriate remittances from Saudi Arabia reached an impressive SR144.2 billion ($38.45 billion) in 2024. This marked a 14 percent increase compared to the...

Michael Mina Brings Culinary Mastery to Diriyah with Taleed Restaurant

RIYADH: Renowned Egyptian-born American celebrity chef Michael Mina has expanded his culinary empire to Saudi Arabia with the opening of Taleed by Michael Mina...

Saudi Arabia to Highlight Film Industry Growth at Berlin International Film Festival

RIYADH: Saudi Arabia’s Film Commission is set to showcase the Kingdom’s growing influence in the global film industry at the 75th Berlin International Film...

Saudi Arabia Ranks 4th Globally in United Nations E-Government Development Index 2024

RIYADH: Saudi Arabia has achieved a significant milestone by ranking fourth globally in the United Nations E-Government Development Index (EGDI) 2024, marking a remarkable...

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