Mawani Boosts Saudi Arabia’s Position as Global Logistics Hub in 2024
The Saudi Ports Authority (Mawani) achieved significant milestones in 2024, further enhancing Saudi Arabia’s status as a global logistics hub. These achievements included improved international rankings for Saudi ports and […]
Riyadh Meetings Presidency Issues Statement on Syria
The Riyadh Meetings Presidency issued a statement on Syria today following a meeting convened at the invitation of Saudi Foreign Minister Prince Faisal bin Farhan Al Saud. The gathering built […]
Saudi Arabia de-risks investments to attract foreign SMEs: Al-Falih
Saudi Arabia is de-risking investments for foreign small and medium-sized enterprises to encourage their entry into the Kingdom, according to a senior official. In an interview with Arab News on […]
Saudi Arabia allocates $2.66bn to activate Standard Incentives Program for the industrial sector
Saudi Arabia announced the allocation of SR10 billion ($2.66 billion) to activate the Standard Incentives Program for the industrial sector, following a Cabinet approval last month. The announcement was made […]
Arab, EU diplomats arrive in Riyadh for meeting on Syria
Top diplomats from the Middle East and Europe were arriving in the Saudi capital on Sunday to discuss Syria, as world powers push for stability after the fall of Bashar […]
Saudi Arabia’s $2.66bn program to align industrial incentives with investor demand: Alkhorayef
Saudi Arabia is taking a flexible approach to distributing its SR10 billion ($2.66 billion) standardized incentive program to maximize its impact across industries, according to a senior official. In an […]
Saudi capital market strategy set to boost growth, transparency
Saudi Arabia’s Capital Market Authority has unveiled its ambitious 2024-2026 strategic plan, which aims to further develop the Kingdom’s financial market and enhance its global competitiveness. With more than 40 […]
Kingdom approves 2025 annual borrowing plan with $37bn funding target
Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan on Sunday approved the annual borrowing plan for 2025, outlining a strategic road map for managing the Kingdom’s funding needs. The plan, which […]
Saudi Arabia boosts desalinated water supply to 50% in Vision 2030 push
Saudi Arabia’s water sector witnessed significant shifts in 2023, with a 31 percent increase in desalinated seawater production, now comprising 50 percent of the country’s distributed water supply, up from […]
Saudi Arabia’s King Abdulaziz International Airport serves 49.1m passengers in 2024
King Abdulaziz International Airport in the Saudi port city of Jeddah served 49.1 million passengers in 2024, representing a 14 percent growth compared to the previous year. In a statement, Jeddah […]
