Abdullah Al-Ajmi elected chairman of newly formed Saudi-Ethiopian Business Council
The Federation of Saudi Chambers announced the formation of the Saudi-Ethiopian Business Council, following the approval of the General Authority of Foreign Trade (GAFT). Abdullah Al-Ajmi has been elected chairman […]
Saudi housing sector secures key US deals to boost real estate development
Saudi Arabia’s housing sector has strengthened its international partnerships by signing five key agreements on real estate development and financing with major US companies. The deals aim to enhance the […]
Saudi Arabia to achieve FDI target of $24bn in 2024: Standard Chartered
Saudi Arabia’s updated investment law and a slew of recent reforms could help the country achieve its goal of attracting foreign direct investments worth $24 billion this year, according to […]
Saudi Arabia’s petchem sector boosted by new digital platform
Saudi Arabia’s petrochemical sector has received a boost with the Ministry of Industry and Mineral Resources’ digital platform delivering over 100,000 tonnes of raw materials to local factories. Launched in […]
Saudi Arabia’s residential landscape changing as smart cities rise
The evolution of smart cities in Saudi Arabia could change the residential landscape of the Kingdom, as high-net-worth individuals discover these communities are perfect destinations for setting up homes, according […]
Riyadh’s Cloud Computing Economic Zone a ‘game-changer for all sectors’
A special economic zone being rolled out in Riyadh is turning Saudi Arabia into a cloud computing hub that will boost jobs and attract foreign investment, experts have told Arab […]
Saudi Real Estate Refinance Co., BlackRock to develop Kingdom’s property finance market
The Saudi real estate finance market will be supported by a deal between a Public Investment Fund subsidiary and US investment giant BlackRock. The Saudi Real Estate Refinance Co. signed […]
UAE and China drive Saudi Arabia’s non-oil exports in Q2: GASTAT
Saudi Arabia’s non-oil exports surged by 10.5 percent year-on-year in the second quarter of 2024, led by outgoing shipments to the UAE and China, official data showed. According to the […]
Saudi Cultural Fund to launch on Thursday new initiative to finance cultural projects
The Saudi Cultural Fund announced on Tuesday the signing of five cooperation agreements with the Saudi local banks as part of the Fund’s efforts as a major financial supporter of […]
Saudi POS hits $3.6bn as education spending surges with academic year start
Saudi Arabia’s point-of-sale transactions climbed to SR13.5 billion ($3.61 billion) between Aug. 11 and 17, reflecting a 3.6 percent increase from the previous week, official data showed. According to the […]
