More than 60 per cent of Saudi Arabia’s oil shipments go to Asia, with China, Japan, South Korea and India
It is part of the kingdom’s efforts to support Egypt’s economy
Armani Hotel Diriyah will include 70 rooms and two restaurants, with its suites featuring their own spa and swimming pool
The Organization of Petroleum Exporting Countries and its partners have resisted calls to raise output faster
The partnership aims to support Saudi youth by providing a series of short courses on some of the latest cybersecurity technologies
Foreign direct investment in 2021 totalled $19.3bn, the most since 2010
Scaleups in the UAE raised $5.4bn as of December 2021
SAP’s suite of solutions to deliver initial steps into wider digitalisation strategy
The deal is expected to close in the second half of the year
The kingdom’s sovereign wealth fund signed non-binding memorandums of understanding with five companies
Discussions are ongoing, but no advisers have been hired
Nahdi’s IPO is the largest listing in the kingdom since Saudi Aramco raised almost $30bn in 2019
The International Monetary Fund estimates Bahrain needs oil prices of around $107 a barrel to balance its budget
The US-based company recently exhibited their solutions and shared their expertise at the World Defense Show in the kingdom
OPEC+ is reviving supplies after its deep cuts at the start of the pandemic in 2020
The visas will be extended without any fees charged and will be done so automatically
Les Vagues will feature 70 one-, two- and three-bedroom sea-front residences
The NEOM project, called Helios, is led by a consortium including Air Products and ACWA Power International
The kingdom’s real GDP grew by 6.7 per cent in the fourth quarter of 2021
E& offered SAR47 a share for a higher stake in Mobily, a 22.2 per cent premium to its Tuesday’s closing price
Rising up to these opportunities will not only offer up success, but set early-movers apart as industry role models
From being hit hard during the Covid-19 pandemic to organising LEAP22, Mike Champion and Annabelle Mander of Informa Markets, tell us how their company’s resilience has helped them successfully deliver some of the region’s top live events
The kingdom recently announced over $6.4bn of investments in future technologies and entrepreneurship at LEAP, the largest tech event in Saudi Arabia
The strike on the facility in Riyadh on Thursday morning did not result in any injuries, while the supply of oil from it remained unaffected too
The MoU aims to develop cooperation in digital transformation and explore ways to accelerate digital health services to patients
Muvi Cinemas is Saudi Arabia’s first homegrown cinema brand
Simply recruiting more females is not enough
Trojena which will include the GCC first outdoor ski resort is expected to create more than 10,000 jobs and add SAR3bn to the kingdom’s GDP by 2030
Strong leadership has nothing to do with gender, feminism or politics – and everything to do with outperforming on both profitability and value creation
The investment will support tabby’s international expansion plans