Riyadh Air Unveils 1st Electric Bus As Part Of Sustainable Transport Initiative
RIYADH: Saudi Arabia’s Riyadh Air has introduced the first bus in its fleet of electric coaches for employee transport... Read more
Abu Dhabis ADQ To Acquire Minority Stake In Auction House Sothebys
RIYADH: Abu Dhabi’s sovereign wealth fund is set to acquire a minority stake in Sotheby’s auction house, highlightin... Read more
Saudi Arabia Unveils Updated Investment Law To Facilitate Foreign Investors
RIYADH: Saudi Arabia has announced a significant overhaul of its investment law as part of its Vision 2030 reform strate... Read more
Expat Remittances From Saudi Arabia Hits $3.2bn In June
RIYADH: Expatriate remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 pe... Read more
Saudi Arabia Makes Significant Moves In Semiconductor Sector With Strategic Investments
RIYADH: Saudi Arabia is rapidly emerging as a key player in the global semiconductor industry, driven by ambitious initi... Read more
Startup Wrap – Saudi And Egyptian Startups Lead Funding Activity
CAIRO: Funding activity flourished in the Middle East and North Africa region, driven largely by Saudi and Egyptian star... Read more
Saudi Arabias Non-oil Exports Surge As Trade Ties With China Flourish
RIYADH: Saudi Arabia exported non-oil goods worth SR2.23 billion ($594 million) in May, representing a rise of 19.25 per... Read more
Saudi Arabias Startup Appeal Spans Across Diverse Sectors
Saudi Arabia’s business landscape has become a magnet for regional and global startups, with numerous growing companie... Read more
Closing Bell: Saudi Benchmark Index Drops To 11,667
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 62.59 points, or 0.53 percent, to close at 1... Read more
Qiddiya Giga-project Set To Propel Saudi Arabias Entertainment Sector
RIYADH: The cultural landscape of Saudi Arabia is being enriched as the entertainment sector undergoes significant expan... Read more
Omans Foreign Reserves Increased By 9% In May
RIYADH: By the end of May, Oman’s economic landscape displayed promising signs of growth and stability as its foreign ... Read more
ACWA Powers Net Profit Surges 35 Percent To $274m In H1
RIYADH: Saudi utility giant ACWA Power reported a 35.46 percent increase in net profit for the first half of 2024, reach... Read more
Saudi Municipalities Offer 57 Investment Opportunities Across Commercial And Residential Sectors
RIYADH: Saudi Arabia’s Hail, Qassim, and Asir municipalities have unveiled 57 new investment opportunities across ente... Read more
Startup Wrap: AI Investments Flourish Across The Region
CAIRO: Increased awareness about the implications of artificial intelligence across the public and private sector is evi... Read more
Saudi Aramcos Expansion Strategy Providing Fuel For Vision 2030
RIYADH: Saudi oil giant Aramco’s robust integrated expansion strategy is helping to drive forward the Kingdom’s Visi... Read more