Saudi Cabinet approves standard incentives for industrial sector
Saudi Arabia’s Cabinet has approved a set of standardized incentives aimed at boosting the Kingdom’s industrial sector, marking a significant step in the nation’s ongoing efforts to diversify its economy. […]
Saudi insurance sector’s outlook stable in 2025: S&P Global
Saudi Arabia’s insurance sector is set to remain resilient in 2025, with expected growth in top-line revenue between 10 percent and 15 percent, according to a new analysis. In its […]
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. […]