Saudi Railways announces increased seating capacity of Haramain High-Speed Train for Hajj season
Saudi Arabia Railways on Wednesday announced the readiness of the Haramain High-Speed Railway to receive pilgrims for this year’s Hajj season and said it has increased the number of available […]
Saudi Arabia predicted to lead IPO drive in MENA: report
Saudi Arabia will lead the initial public offerings in the Middle East and North Africa region in 2024, with 27 companies eyeing to list on the Kingdom’s main market, an […]
PIF’s SRC extends refinancing agreement with ANB with additional $133m
Citizens will have easier access to home loans as the Saudi Real Estate Refinance Co. extends its refinancing agreement with Arab National Bank (ANB), adding SR500 million ($133 million). This […]
Saudi Arabia begins sale of triple-tranche sukuk
Saudi Arabia has started selling its triple-tranche benchmark-sized Islamic bonds, or sukuk, with tenors of 3, 6 and 10 years, fixed-income news service IFR reported on Tuesday. Initial guidance has […]
Johnson Controls Arabia to localize Japanese technology to support growing exports
While many perceive Saudi Arabia solely as an oil exporter, the truth is that its economy is already diversified and will further diversify under the Saudi Vision 2030 plan of […]
Saudi Arabia’s non-oil sector to grow by 4.8% in 2024: Riyad Capital
Saudi Arabia’s non-oil sector is projected to grow at a rate of 4.8 percent in 2024, driven by the Kingdom’s growth-oriented fiscal policy, according to an analysis. In its latest […]
Saudi Arabia, Norway host meeting on coordinated approach to recognition of Palestine in Brussels
Saudi Arabia and Norway hosted a meeting on a coordinated approach to the recognition of Palestine in Brussels on Sunday. The meeting discussed the urgent need to end the war […]
Saudi Arabia appoints first envoy to Syria in more than a decade
Saudi Arabia has appointed Faisal Al-Mujfel as the kingdom’s new ambassador to Syria, the Saudi Press Agency reported. “The honored ambassador extends his thanks to the leadership on the occasion of […]
Saudi’s ACWA Power signs several MoUs with Japanese companies
Saudi Arabia’s ACWA Power signed memorandums of understanding with several Japanese companies on the sidelines of the Saudi-Japan Vision 2030 Business Forum that took place on May 21. ACWA Power […]
Saudi Arabia to propel global sustainable development through AI, says finance minister
Saudi Arabia is on track to help propel sustainable development globally through its pivotal role in artificial intelligence, according to the Kingdom’s finance minister. In a session titled “AI and […]
