Saudi Arabia Poised To Become Mideasts Silicon Valley, Say Experts
RIYADH: Saudi Arabia is rapidly transforming into a regional technology hub, drawing comparisons to Silicon Valley, than...
Read MoreHow Saudi Entrepreneurs Are Navigating The Shift To Public Markets
RIYADH: As startups approach the critical stage of an initial public offering, one of their biggest challenges is the tr... Read more
UK-Saudi Trade Ties Deepen As 50 British Firms Set Up Regional HQs In Kingdom
RIYADH: The strong investment growth in Saudi Arabia’s economy has led 50 British companies to set up regional headqua... Read more
IMF Warns Of Economic Slowdown, But Rules Out Global Recession
WASHINGTON: Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of th... Read more
Libyans Grapple With Fresh Currency Devaluation
TRIPOLI: Already worn down by years of political turmoil and economic hardships, Libyans are now facing a sharp deterior... Read more
Closing Bell: Saudi Main Index Closes In Red At 11,502
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 81.44 points, or 0.7 percent, to close at 1... Read more
Red Sea Tensions Slash Suez Canal Revenue As Egypt Pushes Diplomatic Path
JEDDAH: Amid escalating tensions in the Red Sea, Egypt’s Prime Minister Mostafa Madbouly reaffirmed the country’s co... Read more
Bain & Co. Chooses Riyadh For Regional HQ Amid Saudi Business Push
RIYADH: US-based management consulting firm Bain & Co. has announced the opening of its new regional headquarters in... Read more
Saudi Arabia, Indonesia Sign Deal On Mineral Exploration, Mining
JAKARTA: Saudi Arabia and Indonesia signed a preliminary agreement to enhance cooperation in the mining and minerals sec... Read more
Saudi Arabias Date Exports Rise 15.9% In 2024, Reaching $451m
RIYADH: Saudi Arabia’s date exports saw a 15.9 percent year-on-year increase in 2024, reaching SR1.695 billion ($451.... Read more
Public Firms Listed On Muscat Bourse Report 52.6% Surge In Profits
RIYADH: The net profits of public joint companies listed on the Muscat Stock Exchange surged 52.6 percent year on year ... Read more
Riyadh Municipality Unveils New Investment Opportunities Across Key Sectors
JEDDAH: Riyadh has unveiled new investment opportunities for 2025, covering commercial, residential, retail, industrial,... Read more
Global Borrowing Hits $25tn In 2024, Raising Debt Sustainability Fears: OECD
RIYADH: Global borrowing hit a record $25 trillion in 2024, a $10 trillion surge from pre-pandemic levels, sparking conc... Read more
Global Economic Growth To Average At 3.1% In Next 5 Years: IMF Official
RIYADH: Global economic growth is expected to average around 3.1 percent in the next five years, below the pre-pandemi... Read more
Saudi Arabias PIF At Forefront As Gulf SWFs Approach $18tn By 2030
RIYADH: Saudi Arabia’s sovereign wealth fund and five of its regional counterparts are on track to control $18 trillio... Read more