Saudi Arabia

Oman Economy Records Budget Surplus and Non-Oil Growth in 2024

Oman’s economy is showing positive signs of growth and fiscal health as the country reports a budget surplus and strong performance in non-oil sectors....

Saudi Arabia’s Vision 2030 Drives Women’s Empowerment at Global Conference

Saudi Arabia’s Vision 2030 is shaping a new future for women, bringing major progress in different fields. At the 69th session of the UN...

US Approves $3.5 Billion Missile Sale to Saudi Arabia Ahead of Trump’s Gulf Visit

The United States has approved a major missile deal with Saudi Arabia worth $3.5...

Oman Data Park Joins Forces with Axway to Boost Secure Digital Innovation

Oman is advancing its digital transformation through secure data exchange in Oman. Oman Data...

Saudi Leaders and Experts Gather in Riyadh for 4th International Humanitarian Forum

Riyadh will host the 4th Riyadh International Humanitarian Forum on Monday, with leaders, donors,...

Bahraini Karate Excellence Fuels Medal Triumph at Dubai Open

Bahraini karate excellence defined a standout moment at the Dubai Open Karate Championship, as...

Saudi Arabia Giga-Projects Boost Economy

Saudi Arabia's giga-projects accelerated development, pushing contract awards up 20 percent to $196 billion. Giga-projects boost Saudi Arabia as the kingdom drives growth in real estate,...

Saudi Arabia Persuasive Brands Driving Consumer Choice

Saudi Arabia's most persuasive brands continue to convince shoppers to choose their products. Saudia, Alrajhi Bank, and Albaik stand out on top. A new...

Saudi Arabia Mining Reforms Drive Investment

Saudi Arabia showcased its mining reforms and investment opportunities at a major mining conference in Peru. Mining reforms drive Saudi Arabia investment as the Kingdom aims...

Saudi Arabia Non-Oil Growth Drives Economy Forward

Saudi Arabia's economy grew by 3 percent in the first quarter, reaching $588.1 billion. Non-oil growth drives the economy forward, reflecting strong performance outside the...

Saudi Arabia Emerges as Hub for Fintech Growth with Saudi Fintech Expansion

Saudi Arabia is quickly becoming a leading fintech hub in the Middle East. Paymentology, a UK-based card issuing and payment processing company, will establish...

Saudi Arabia Offers New Saudi Savings Sukuk with 4.83% Return

Saudi Arabia has launched a new Saudi savings sukuk for investors. It offers a 4.83 percent annual return. However, this rate is slightly lower...

Saudi Arabia Sees Growth with Lintara Properties and Arcapita Industrial Expansion

Saudi Arabia is emerging as a key hub for industrial real estate growth as Arcapita launches Lintara Properties. Lintara will serve as a dedicated...

Saudi Arabia Promotes Cultural Tourism Drives Growth in AlUla

Saudi Arabia is transforming AlUla into a global hub where cultural tourism drives growth. AlUla Development Co. is leading the effort by combining heritage...

Saudi Arabia Non-Oil Growth Shows Strong Private Sector Expansion

Saudi Arabia non-oil growth surged as private-sector activity picked up speed. The Riyad Bank Purchasing Managers' Index reached 57.8, marking the fastest improvement in...

Saudi Arabia Strengthens Online Protection of Intellectual Property

Saudi Arabia strengthens online protection of intellectual property to address growing digital threats. As technology advances, artificial intelligence transforms daily life, reshaping how people...

Saudi Arabia GCC Banks’ Return on Equity Climbs

GCC banks showed strong momentum as return on equity climbed to 13.2 percent in the first half. Analysts explained that GCC banks' return on equity benefited...

Saudi Arabia Bahri Launches First Large-Scale National Shipbuilding

Saudi Arabia's shipping company, Bahri, signed a deal with International Maritime Industries (IMI) to build six Ultramax bulk carriers. This deal marks the Kingdom's...

Saudi Company Partners with Iraq to Upgrade Power Plants and Efficiency

Iraq’s Ministry of Electricity is boosting power efficiency by signing a cooperation deal with Saudi Arabia’s Continuous Nitrogen Services. The agreement targets improvements in the country’s...

Saudi Arabia’s Non-Oil Exports Surge with Machinery and Electrical Equipment

Saudi Arabia's non-oil exports jumped 30.4 percent, reaching $9 billion. Machinery, electrical equipment, and parts led the surge, becoming the largest part of the...

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