PIF launches Adeera to redefine Saudi hospitality with local brands

Saudi Arabia is making a significant move to develop its own homegrown hospitality brands with the launch of Adeera, a new hotel management company fully owned by the Public Investment […]
Robust manufacturing sector lifts Saudi industrial index by 5%: GASTAT

Saudi Arabia’s industrial production index rose by 5 percent year on year in October, driven by robust growth across key economic sectors, official data showed. According to figures from the General […]
Minister of Economy and Planning Meets with Middle East Institute Delegation

Minister of Economy and Planning Faisal Alibrahim has met with a delegation from the Middle East Institute to discuss the Kingdom’s economic diversification efforts under Saudi Vision 2030, and the […]
Saudi Economy’s Liquidity Grows by over SAR247 Billion

Liquidity levels, or “available money,” in the Saudi economy have grown by more than SAR247.647 billion year-on-year, reflecting an increase of 9.2% and reaching SAR2,936.089 billion by the end of […]
Energy Efficiency Project at Prince Abdulaziz Bin Musaed Hospital in Arar Aims for 14% Energy Saving

The National Energy Services Company (Tarshid) has launched an energy efficiency retrofit project at Prince Abdulaziz Bin Musaed Hospital in Arar city, aiming to achieve a 14% reduction in energy […]
SAMA Announces Launch of ‘Samsung Pay’ Service in Saudi Arabia

The Saudi Central Bank (SAMA) announced in a press release today the launch of “Samsung Pay” in Saudi Arabia, through the national payment system “mada”, as part of its continuous […]
HRH the Crown Prince Congratulates the King of Morocco on the Successful Surgery He Underwent

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has sent a cable congratulating King Mohammed VI of Morocco on the success of […]
The Custodian of the Two Holy Mosques Congratulates the King of Morocco on the Successful Surgery He Underwent

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has sent a cable congratulating King Mohammed VI of Morocco on the success of the surgery he underwent. […]
Saudi Arabia launches 10th round of ‘Sah’ savings product with 4.83% return

Saudi Arabia has launched the 10th round of its subscription-based savings product, Sah, for December, offering a competitive return of 4.83 percent. The initiative, aimed at fostering financial stability and […]
COP16: A turning point for global land restoration and drought resilience

The 16th session of the Conference of the Parties to the UN Convention to Combat Desertification is set to be a pivotal moment in the global fight against desertification and […]