The venture, which may amalgamate new and existing races, is being led by a handful of teams including Visma-Lease a Bike and billionaire businessman Jim Ratcliffe’s Ineos Grenadiers
While the situation remains volatile and subject to change, the newly-released data is best indication of where the market is headed
OPEC said its “committee will continue to monitor” countries’ conformity with output decisions
The kingdom of Saudi Arabia is said to be still considering an invitation to join the expanding economic bloc
Recently, four tankers carrying Russian Urals crude passed through the Bab-el-Mandab strait with another three heading south through the Red Sea
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Dubai lives up to its reputation as the ‘City of Gold’, hosting 72,500 millionaires, 212 of whom are centi-millionaires and 15 billionaires
The preliminary data shows that Saudi Arabia’s economy contracted at a slower pace in Q4 2023 after a decline of 4.4 per cent in the previous quarter
Despite global dealmaking challenges in 2023 the Middle East will continue to be a global bright spot for transactions in the year ahead
Off-plan sales can also stimulate and grow the banking sector to create financial solutions that could cater to different beneficiary segments, grow the real estate brokerage market, and stimulate multiple purchases from investors
A man overseeing the kingdom’s main pre-Islamic heritage sites at AlUla has been arrested on corruption charges
The campaign shines the spotlight on Saudi’s open and welcoming culture and the importance of inspiring young Saudi women to reach their full potential
The Formula E Karting attractions will be built at four of Seven entertainment destinations located in Riyadh, Jeddah, Dammam and Abha
The state-owned carrier operated 176,300 flights while transit flights registered 77 per cent growth compared to the year 2019
The triple-tranche bond sale generated strong demand, with orders worth over $27bn
The partnership with Formula E, Extreme E and E1 will promote educational opportunities tied to electric motorsports, as well as community, social programmes and environmental stewardship
The complex is expected to be able to produce 1.8 million metric tons of ethylene per year and is designed to expand SABIC’s manufacturing presence in Asia
The project includes three hotels with a total of 800 rooms, 11 restaurants, an extreme sports and adventure park, a marina and helipads
The trading platform will be rebranded the Gulf Mercantile Exchange and expand in energy, metals and agricultural products as part of the deal
Better salaries and a better work-life balance, are the top reasons for seeking a job change, as 62 per cent employees consider a job move this year
The bank will provide services for both corporate and institutional clients, including financing and working capital solutions
The authority achieved its highest-ever monthly container handling statistics in May 2023, with an 18.8 per cent increase in containers handled at its ports
The statistics authority said rental prices increased by 9 per cent in December 2023
The group is looking to purchase 100 Lilium jets and German-made electric vertical take-off and landing aircraft to operate the service
Abeer operates about 50 health-care facilities including hospitals, pharmacies and clinics in Saudi Arabia and the GCC region
The company will offer six million shares, or 30 per cent of its issued share capital, on the Saudi Exchange
The property, set to open this year, will feature units ranging from studios to one, two, and three-bedroom apartments
NEOM’s new futuristic project will also include bringing life-like meta-verse experiences and an “omnidirectional internal transit system”
The collaboration between ROSHN and EVIQ will also see the launch of the kingdom’s first fast-charging public site launch at ROSHN Front in Riyadh
The five new premium residency products offer a wide range of benefits to holders, including the ability to conduct business and own real estate properties