International banks including Citigroup and Bank of America have been expanding in the kingdom
The Public Investment Fund’s Savvy Gaming Group will become the second largest owner in Embracer Group after acquiring almost 100 million shares
Alrehaili brings over 15 years of experience working in the technology industry in both the public and private sectors
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
The agreement will accelerate the geographical expansion of valU and provide digital finance solutions to consumers in Saudi Arabia through FAS Finance
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
Flights will commence with a daily service, from Dubai International’s Terminal 2
The visit visa for Umrah will be issued now within 24 hours and applications can be submitted from outside Saudi Arabia through the app
With 16 years of expertise, Almadi joins from Dell Technologies where he was country enterprise director for telecom, cloud and financial services’ industries
IPOs in the Middle East have fetched $11.4bn in the first five months of the year
Traditional financial institutions and fintechs can connect and build their own apps using Tarabut’s solutions
As technologies drive the future of most industries, digital solutions are also reshaping the healthcare sector
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
Alibaba will offer a wide range of cloud computing services and solutions, a step that will enable local companies to digitise their businesses
FOO works with banks, fintech companies and retailers across the MENA region to provide digital products that enhance business models and customer experience
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
ACWA Power earned an operating income before impairment loss and other expenses of SAR517m, which was 19.5 per cent higher than the same period in 2021
The factory will be located in the King Abdullah Economic City
The filing shows the purchase was made for investment purposes
The Bravado expansion will include the establishment of bases in South Africa, Egypt, the UAE, and Saudi Arabia
Almeswak operates more than 80 centres across 20 cities in Saudi Arabia
Dynamic bandwidth optimisation technology is one of the four solutions patented by the infrastructure provider in 2022
Domestic annual Saudi coffee consumption is forecast to reach 28,700 tons by 2026
The boost was mainly driven by oil revenue, which rose 58 per cent compared to last year
Aramco’s output averaged 10.2 million barrels a day between January and March, up 20 per cent year-on-year