Startup Wrap – Saudi and Egyptian startups lead funding activity
Funding activity flourished in the Middle East and North Africa region, driven largely by Saudi and Egyptian startups. The region experienced a variety of funding rounds across diverse sectors, alongside […]
Saudi Arabia makes significant moves in semiconductor sector with strategic investments
Saudi Arabia is rapidly emerging as a key player in the global semiconductor industry, driven by ambitious initiatives aimed at establishing a strong foothold in this crucial sector. Semiconductors, which […]
Expat remittances from Saudi Arabia hits $3.2bn in June
Expatriate remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 percent, according to the latest data from the Saudi Central Bank, also known as […]
Saudi Arabia’s non-oil activities increase by 2.2% in June: GASTAT
Saudi Arabia’s non-oil activities saw a 2.2 percent increase in June compared to the previous month, signaling ongoing growth in the Kingdom’s efforts to diversify its economy. According to the […]
KSrelief mobile clinics provide services to patients in Yemen
The mobile clinics operated by KSrelief in Yemen have provided services to 1,443 individuals from July 10 to July 16, the SPA has reported. In Azlat Al-Deir, in the Hayran […]
Aramco delivers strong performance, with net profits up 6.59% to SR109 billion in 2Q 2024
Saudi Aramco achieved strong performance and positive progress in its long-term growth strategy with its profits increased on a quarterly basis by 6.6 percent, reaching SR109 billion ($29.1 billion) in […]
Saudi Arabia’s King Salman receives written message from Senegal president
Saudi Arabia’s King Salman received a written message from the President of Senegal Bassirou Diomaye Faye, Saudi Press Agency reported on Tuesday. The message related to relations between the two […]
Foreign ministry official meets Indian consul general in Jeddah
Director-General of the Ministry of Foreign Affairs’ branch in Makkah Mazin Hammad Al-Himali met with Indian Consul General Mohammed Shahid Alam in Jeddah on Monday. The meeting was held on […]
Saudi Cabinet approves fundraising law
The Saudi Council of Ministers, chaired by Custodian of the Two Holy Mosques King Salman in Jeddah on Tuesday, approved amendments to some articles of the Labor Law. The Cabinet also endorsed the […]
Qiddiya giga-project set to propel Saudi Arabia’s entertainment sector
The cultural landscape of Saudi Arabia is being enriched as the entertainment sector undergoes significant expansion. The ambitious Saudi Vision 2030, which strives to diversify the economy and increase global […]
