Revenue climbed 72 per cent year-on-year to $11.3bn
Since 2015, the PIF’s assets under management have risen to $430bn from about $150bn
The funding will be used to expand tabby’s product portfolio and launch in new markets
Saudi recognises the Pfizer-BioNTech, AstraZeneca, Moderna and Johnson & Johnson vaccines
The regulatory framework will serve as the foundation for future digital government regulation
The kingdom reported 1,146 new Covid-19 cases on July 31
The price of Brent crude averaged over $73 a barrel in June
The Ministry of Interior added that those who do not abide by these travel rules risk facing legal action and heavy penalties upon their return
The Ras Al Khair desalination and power facility on Saudi Arabia’s east coast had cost more than $7bn to build
The kingdom reopened the Grand Mosque in Makkah to domestic Umrah pilgrims on Sunday, July 25
Stakeholders across local and regional countries are keen to pursue sustainable fuels
It urged its citizens in Indonesia to exercise caution and to return to the kingdom at the earliest
The state-owned driller was reportedly offered the chance to have the data deleted for $50m in cryptocurrency
The value of the original project was estimated at $6.6 billion in 2018
It will be extended automatically and at no additional cost to the visa holders
Saudi Arabia is only allowing access to the holy sites for 60,000 nationals and residents who have been vaccinated and don’t suffer chronic diseases
He met with Saudi Crown Prince Mohammed bin Salman on Monday
The only exemptions include children aged under 12 and those who have recovered from Covid-19 less than six months prior to the date of travel
McLaren, controlled by Bahrain’s Mumtalakat, has been hit by the pandemic
The agreement means the cartel will boost output by 400,000 barrels a day each month from August
The pilgrimage will be restricted to 60,000 Saudi residents and citizens this year
If there is a deal on Sunday, it is unclear how quickly additional supplies can be delivered to the market
The ratings agency expects the Saudi budget deficit to narrow to 3.3 per cent of GDP this year
From August 1, vaccination will be required to enter government or private entities, educational facilities, malls and any entertainment or sporting activity
The UAE’s energy ministry issued a statement acknowledging that talks are underway
Launched in 2017, Speero is a digital platform for automotive after-sales
The state energy giant is preparing to gauge interest in the assets from potential investors
The two countries are signing agreements in a slew of fields including commerce, culture, investment promotion and post and transport
The healthcare and education investment firm acquired 51 per cent of Shifa Al Munthaza Polyclinic
Sultan Haitham will meet with King Salman during his two-day visit on Sunday and Monday