Derayah’s listing aligns with Saudi Arabia’s broader efforts to deepen its capital markets as part of the Financial Sector Development Program under Vision 2030
The sukuk was issued under the sukuk programme by RAK Capital, a special purpose vehicle affiliated with the government of Ras Al Khaimah
The UK-incorporated platform will invest in venture capital (VC) stage companies developing physical and digital decarbonisation technologies
GE Vernova announced plans to expand its GE Saudi Advanced Turbines (GESAT) facility in Dammam to locally manufacture high-voltage gas-insulated switch gears
Bloomberg News reported that executives at the PIF have been told to stop handing out consulting projects to PwC until February 2026
The new Saudi Riyal symbol is inspired by Arabic calligraphy and aligns with the kingdom’s Vision 2030
Riyadh Air is expected to start operations by the end of the year, the CEO said at an FII Institute event in Miami
This pricing reflects an implied market capitalisation of SAR1.5bn (approximately $400m) at listing
Rubio arrived in Saudi Arabia earlier in the day from Israel where he began his first visit to the region as the top US diplomat
This new platform is set to run the world’s largest open-source frontier model, powered by the fastest inference speeds for Llama 405B
This initiative introduces high-performance infrastructure to address the increasing demand for low-latency conferencing
A number of female industry leaders and entrepreneurs took to the DeepFest stage, championing the sector’s drive for gender equality
The World Cup is not the result – it is a milestone in a journey that Saudi Arabia is continuously investing in
Since its last funding round in October 2023, Tabby has nearly doubled its annualised transaction volume to over $10bn while maintaining profitability
We spoke to key leaders from these companies about the event and their participation
The data centre will boast of a a capacity of 1.5 gigawatts in Oxagon – the floating industrial city being developed in the Red Sea.
A driving force behind LEAP’s rapid expansion in Riyadh, Mike Champion gives us an insider’s view on how Tahaluf is reshaping the region’s event landscape
The Recording Academy, which launched the Latin Grammys 25 years ago, is now looking to help music and artists from the Middle East and North Africa gain global traction
DeepFest 2025 features more than 150 speakers and 120 exhibitors, welcoming over 50,000 participants globally
Revealed at LEAP 2025, the new industrial smartphone will enhance connectivity for 5G IoT devices, edge computing, and industrial applications
The event reinforces Saudi Arabia’s ambition to establish itself as a primary hub for digital transformation and a destination for technology investments
The scale of Saudi Arabia’s waste management challenge demands innovative solutions aligned with Vision 2030’s sustainability goals
The Capital Market Authority (CMA) in Saudi Arabia has initiated a public consultation regarding proposed changes
LEAP 2025 promises even more with 1,800 global tech brands, 680 startups, and 1,000 expert speakers showcasing next-gen solutions in sectors such as space, gaming, education, and smart cities
Trump has said he will end the war in Ukraine as soon as possible and said he is ready to meet with Putin
The Saudi Exchange granted conditional approval on December 8, 2024, for the listing of Umm Al Qura’s shares on Tadawul’s Main Market
The first of Red Sea Residences’ developments is located on Shura Island at The Red Sea destination, with properties set to be ready for handover by the end of 2025
The firm has appointed SNB Capital as the lead manager, financial adviser, bookrunner and underwriter for the IPO
With Vision 2030 driving infrastructure growth, Saudi Arabia is poised to become a global logistics hub, and Folk Maritime will play a pivotal role in this transformation, says Poul Hestbaek
The offering was four times oversubscribed with strong demand from a range of global investors