#Saudi Arabia

Saudi Crown Prince meets US Secretary of State Rubio in Riyadh

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

LEAP 2025: What tech leaders have to say about their participation

LEAP 2025: What tech leaders have to say about their participation

We spoke to key leaders from these companies about the event and their participation

Etihad Salam Telecom’s next leap: AI, 5G, and Saudi Vision 2030

Abdullah Mohammad Khorami, Chief Business Officer at Etihad Salam Telecom Company, discusses emerging trends and strategic partnerships

Tech To Make Riyadh Epicentre of MENA Music by 2030, Grammy Awards President Tells DeepFest 2025

Tech to make Riyadh MENA music hub by 2030, says Grammy head at DeepFest

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 opens in Riyadh, showcases Saudi Arabia’s AI ambitions

DeepFest 2025 showcases Saudi Arabia’s AI ambitions

DeepFest 2025 features more than 150 speakers and 120 exhibitors, welcoming over 50,000 participants globally

LEAP 2025 launches image courtesy Saudi Press Agency

LEAP 2025 starts in Riyadh, unveiling $14.9bn in AI investments

The event reinforces Saudi Arabia’s ambition to establish itself as a primary hub for digital transformation and a destination for technology investments

How AI can help transform waste management in Saudi Arabia

The scale of Saudi Arabia’s waste management challenge demands innovative solutions aligned with Vision 2030’s sustainability goals

Saudi Arabia welcomes 60 million visitors in H1 2024

Saudi investment funds: New possibilities explored

The Capital Market Authority (CMA) in Saudi Arabia has initiated a public consultation regarding proposed changes

Sporting legends to join new SportsTech stage at LEAP 2025

SportsTech is one of two new content stages for the 2025 event, alongside Tech Arena

LEAP unveils $1m prize pool for Rocket Fuel 2025 startup competition

The Rocket Fuel Startup Pitch Competition highlights Saudi Arabia’s startup ecosystem and provides a platform for emerging companies to present their ideas to a global audience.

How LEAP 2025 is shaping Saudi Arabia’s tech ambitions

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

LEAP NIGHTS to debut at LEAP 2025

Culture and collaboration: LEAP Nights to debut in Riyadh

LEAP Nights, running from February 6-13, will transform the week-long event into a dynamic blend of cultural exploration, high-tech experiences, and invaluable networking opportunities

What’s in store for LEAP 2025 in Saudi Arabia?

Over the past three years, LEAP has facilitated public and private investment exceeding $27.5bn, setting benchmarks for tech events globally

Saudi Arabia IPO: PIF-backed developer Umm Al Qura to list on Tadawul

Saudi IPO: PIF-backed developer Umm Al Qura to list on Tadawul

The Saudi Exchange granted conditional approval on December 8, 2024, for the listing of Umm Al Qura’s shares on Tadawul’s Main Market

Here's what Saudi consumers will continue to spend on in 2025, reveals AlixPartners: survey on spending trends

Here’s what Saudi consumers will continue to spend on in 2025: survey

Spending intentions in Saudi Arabia show a six-percentage-point net positive trend, contrasting with contractions in the US and Europe, reveals the AlixPartners survey

Red Sea Residences Promenade Residential View

Saudi Arabia: Red Sea Global unveils luxury Red Sea Residences

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

PIF-owned Folk Maritime focused on driving regional trade, says CEO Poul Hestbaek

PIF-owned Folk Maritime focused on driving regional trade, says CEO

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

Saudi Arabia's PIF completes $4bn bond issuance

Saudi Arabia’s PIF completes $4bn bond issuance

The offering was four times oversubscribed with strong demand from a range of global investors

Saudi Arabia’s stc Group secures SAR32.64bn government contract

Saudi Arabia’s stc Group secures SAR32.64bn government contract

The contract has a duration of 18 months for preparation and execution, followed by 15 years of project operations

Saudi Arabia eases foreign property investments in Mecca, Medina

Saudi Arabia eases foreign property investments in Mecca, Medina

Foreign investment would be limited to shares, convertible debt instruments, or both and would exclude “strategic foreign investors”

Saudi Arabia ramps up EV charging with new EVIQ-BYD partnership

The collaboration aims to accelerate EV adoption in Saudi Arabia by integrating EVIQ’s expertise in fast-charging infrastructure with BYD’s expanding customer base

Saudi Arabia’s Derayah Financial plans to sell 20% stake in Riyadh IPO

Derayah Financial plans to sell 20% stake in Riyadh IPO

The brokerage is offering 49.94 million shares, representing 20 per cent of the company’s total issued share capital

Etihad gauges investor interest as Gulf carriers race towards IPOs

Etihad gauges investor interest as Gulf carriers race towards IPOs

Etihad is looking at a listing this quarter and the airline is said to be targeting both local and international investors

Saudi Arabia pledges to invest $600bn in the US under President Trump

Saudi Arabia pledges to invest $600bn in the US under President Trump

The kingdom is eager to seize partnership and investment opportunities created by the new administration’s anticipated reforms

IMF slashes 2025 Saudi Arabia growth forecast on extended oil production cuts

IMF slashes 2025 Saudi Arabia growth forecast on extended oil production cuts

The fund said it expected energy commodity prices to decline by 2.6 per cent in 2025, more than assumed in October

Aramco to set up minerals exploration, mining JV with Ma’aden

Aramco to set up minerals exploration, mining JV with Ma’aden

The venture will focus on energy transition minerals, with commercial lithium production scheduled to commence by 2027

Saudi Arabia’s flyadeal set to order Airbus A330neo jets

Saudi Arabia’s flyadeal set to order Airbus A330neo jets

The low-cost carrier is likely to announce the order for the upgraded A330-900 variant in the coming weeks after comparing it with Boeing’s smaller 787-9

Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re

Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re

The investment is expected to boost the growth of the local reinsurance sector and improve coverage for commercial activities for insurance firms and companies in general

Saudi Arabia taps debt markets with $12bn three-part bond

Saudi Arabia taps debt markets with $12bn three-part bond

The kingdom sold $5bn, $3bn and $4bn in tenors of three, six and 10 years, respectively, and the total order book reached around $37bn

PIF secures $7bn inaugural murabaha credit facility

Saudi’s PIF secures $7bn murabaha credit facility

The Shariah-compliant financing structure forms part of PIF’s continued objective of diversifying its funding sources