The deal would add at least £1.6bn a year to the UK economy and support new jobs across key industries
The figures were cited in an economic report issued by the Saudi Chambers of Commerce and Industry during Saudi Crown Prince Mohammed bin Salman’s visit to Jordan
The airline will be deploying 31 additional flights to Jeddah and double daily flights to Medina from June 23 until July 20
Carlyle is selling a 41.7 per cent stake in Alamar, or 10.6 million shares, to institutional and retail investors
The programme aims to establish more than 30 new startups and create hundreds of job opportunities during the first three years
Joe Biden will visit the country on July 15-16
The kingdom registered 905 new Covid-19 infections on June 12
The company plans to issue 1.5 bonus shares for every existing share, through capitalising retained earnings
International banks including Citigroup and Bank of America have been expanding in the kingdom
Sheila Alrowaily is among a growing number of women taking on leadership roles in finance across the Gulf region
The investment is expected to create more than 5,000 jobs and will be the first of several deals announced by the fund over the next year
For the first time in Campaign Middle East’s 14-year history, the publication is taking the ‘Breakfast Briefing’ format on the road to Saudi Arabia
The Public Investment Fund signed a subscription agreement that would involve it buying 63 million newly issued shares
Saudi Arabia sends more than 60 per cent of its crude exports to Asia, with China, Japan, South Korea and India being the biggest buyers
The visit visa for Umrah will be issued now within 24 hours and applications can be submitted from outside Saudi Arabia through the app
IPOs in the Middle East have fetched $11.4bn in the first five months of the year
Funds will be deployed to help Cuemath expand to over 100 countries by FY’23
Traditional financial institutions and fintechs can connect and build their own apps using Tarabut’s solutions
It is being built for Nabil, one of Agthia’s protein brands, with sales expected to commence from the new facility in H2 2023
Princess Haifa Mohammed Al-Saud, the kingdom’s assistant minister of tourism, spoke on the subject at the World Economic Forum in Davos
Saudi Arabia has seen revenues soar on the back of $100 oil and rising production
From November 21, the airline will operate 60 special daily flights for fans which will run from both Riyadh and Jeddah to Doha
The facility would be powered by renewable energy and produce green energy products
Saudia will operate direct flights to select regional and international destinations, with weekly flights to Dubai set to start by the end of June
Apart from the property in Saudi, there are only five other Ritz-Carlton Reserves worldwide
Saudi Arabia’s posted a $15.3bn budget surplus in the first quarter
The Public Investment Fund acquired a 16.9 per cent stake in Kingdom Holding Company
Jahez is the biggest locally owned food delivery group in Saudi Arabia
Soaring demand ahead of the peak US driving season is sending refining margins to extraordinary heights
Almeswak operates more than 80 centres across 20 cities in Saudi Arabia