Saudi municipalities offer 57 investment opportunities across commercial and residential sectors
Saudi Arabia’s Hail, Qassim, and Asir municipalities have unveiled 57 new investment opportunities across entertainment, sports, commercial, and residential sectors, aimed at boosting economic growth and supporting the private sector. […]
ACWA Power’s net profit surges 35 percent to $274m in H1
Saudi utility giant ACWA Power reported a 35.46 percent increase in net profit for the first half of 2024, reaching SR926.79 million ($246.94 million), compared to the same period last […]
Flash flood kills one in Saudi Arabia’s Jazan
A flash flood from the mountains of southwestern Saudi Arabia swept away part of a bridge in Jazan province, killing one person on Saturday, Al-Ekhbariya reported. The news channel aired […]
Saudi, Korean business ties to grow with official visit
Saudi-Korean trade is set to see a significant boost as a delegation from the Kingdom, led by the minister of commerce, heads to Seoul. Taking place from July 29 to 31, […]
Saudi Arabia seeks stronger ties with Brazil in mining sector
A high-level Saudi delegation continued discussions in Brazil on Sunday to enhance bilateral ties and advance Saudi Arabia’s mining sector. On July 28, Saudi Minister of Industry and Mineral Resources […]
Saudi Investment Ministry to assist Hail region achieve full economic potential
Saudi Arabia’s northern province of Hail is set to attract increased investments due to its strategic and logistical importance, as emphasized by the region’s governor. Hail Gov. Prince Abdulaziz bin […]
Saudi insurance sector to consolidate as Buruj and MedGulf sign merger deal
The Saudi insurance sector is set for consolidation as two leading firms signed a non-binding memorandum of understanding to explore a potential merger. The MoU between Buruj Cooperative Insurance Co. […]
Datacom aims to ride Saudi Arabia’s tech wave
Technological infusion across all sectors has boosted Saudi Arabia’s position as a catalyst of change, attracting players from all over the globe. Datacom, under the leadership of CEO Dawood Moya, […]
Saudi banks in strong position to harness the benefits of economic diversification
Saudi banks will see their client base expand and earnings increase thanks to government-backed economic diversification efforts that are driving innovation and boosting productivity, according to a new report. According […]
Unearthing the transformative potential of Saudi Arabia’s mining sector
Saudi Arabia’s mining sector is on the cusp of a transformative era, with the Kingdom determined to become a global leader in the industry. But have you wondered what treasures […]
