Former governor, Dr Fahd Al-Mubarak, takes on the role of adviser at the royal court
The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh
The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops
Saudi Arabia has won the prestigious AFC Asian Cup championship on three occasions: 1984, 1988, and 1996
The kingdom’s real GDP grew by 5.4 per cent during the fourth quarter of 2022
The two entities aim to assist in the transition towards greater food security and water conservation in the kingdom and GCC
SEVEN will retain intellectual property rights and the AMC Cinemas brand name in the Saudi market
The destination will feature an e-karting and a 10-lane futuristic bowling experience, a 12-hole indoor adventure golf course, and a 10-screen cinema
Terra Drone is the first Asian startup to raise funding from Wa’ed Ventures
Hajj is one of the five pillars of Islam, obligatory once in a lifetime for all who are able
Fintech accounted for 61 per cent of total funding between 2018 and 2022
The new announcement reflects Yotel’s plans to grow both management and franchised projects in the Middle East region, as part of its larger strategy to reach 50 hotels by 2025
The consultancy will list shares on Tadawul’s Nomu-Parallel Market
Wassim Al-Khatib will also be the CEO of Lazard Saudi Arabia
The funds will be used to expand Tabby’s product line and support the company’s growing operations
Tech giant Amazon regained top spot from Apple to become the world’s most valuable brand
The world’s largest oil exporter is seeking to strengthen its relations with crucial trade partners
The fund will conceptualise, finance and oversee development of more than 35 venues by 2030, with the aim of delivering its first asset by 2023
The Saudi government has made more than 700 regulatory changes as it seeks to attract investors
Prices for housing, water, electricity, gas and other fuels in the kingdom rose an annual 5.8 per cent, while food and beverages were up 4.2 per cent
The joint-venture company aims to initially invest in iron ore, copper, nickel, and lithium as a non-operating partner taking minority equity positions
Saudi National Bank was an anchor investor in Credit Suisse’s capital raise and now holds 9.9 per cent in the firm
Saudi Arabia has been beefing up investment and business ties with Korean companies, becoming a major shareholder of NCSoft Corp as well as Tokyo-listed Nexon Co
Upon completion in 2030, The Red Sea will comprise 50 resorts, offering up to 8,000 hotel rooms and over 1,000 residential properties across 22 islands and six inland sites
The mini terminal includes artificial intelligence-powered self-boarding kiosks and five luggage carousels as well as 15 meeting rooms for pre-flight cabin crew briefings
The proposed initial public offering of Olam Agri in Saudi Arabia would be the first listing of a global company in the country
Investments worth $100m are under consideration in Saudi Arabia
People visiting the kingdom with an Umrah visa can now visit any city in Saudi Arabia, and any visitor to the country will be allowed to perform Umrah at any time
The sovereign wealth fund’s other giga projects include NEOM, Red Sea, Qiddiya and Roshn
Companies are looking to raise their staffing capacity in response to an increase in sales and higher demand