The two entities aim to assist in the transition towards greater food security and water conservation in the kingdom and GCC
The destination will feature an e-karting and a 10-lane futuristic bowling experience, a 12-hole indoor adventure golf course, and a 10-screen cinema
Terra Drone is the first Asian startup to raise funding from Wa’ed Ventures
Hajj is one of the five pillars of Islam, obligatory once in a lifetime for all who are able
The three entities will explore and develop innovative financial products and offerings that create added value and enhance gamers’ experience
Fintech accounted for 61 per cent of total funding between 2018 and 2022
Wassim Al-Khatib will also be the CEO of Lazard Saudi Arabia
The IPO could raise as much as $500m
The move strengthens Aramco Trading Company’s global operations and extensive portfolio, giving it incremental access to the largest oil refinery in North America
The kingdom’s objective is to become a more prosperous economy, whereby Saudi is ranked among the top 15 economies worldwide by 2030
The world’s largest oil exporter is seeking to strengthen its relations with crucial trade partners
The fund will conceptualise, finance and oversee development of more than 35 venues by 2030, with the aim of delivering its first asset by 2023
The Saudi government has made more than 700 regulatory changes as it seeks to attract investors
Prices for housing, water, electricity, gas and other fuels in the kingdom rose an annual 5.8 per cent, while food and beverages were up 4.2 per cent
The airline said it would seek so-called Air Operator Certificates in two unidentified countries as it looks to double the scale of its operations
The joint-venture company aims to initially invest in iron ore, copper, nickel, and lithium as a non-operating partner taking minority equity positions
Young girls need role models and as women operating in this space, it is incumbent to show that there is a seat for females at the table
The Chedi Trojena will serve as a luxurious sanctuary in the Gulf’s first outdoor ski resort
The mini terminal includes artificial intelligence-powered self-boarding kiosks and five luggage carousels as well as 15 meeting rooms for pre-flight cabin crew briefings
The proposed initial public offering of Olam Agri in Saudi Arabia would be the first listing of a global company in the country
Investments worth $100m are under consideration in Saudi Arabia
People visiting the kingdom with an Umrah visa can now visit any city in Saudi Arabia, and any visitor to the country will be allowed to perform Umrah at any time
The sovereign wealth fund’s other giga projects include NEOM, Red Sea, Qiddiya and Roshn
Companies are looking to raise their staffing capacity in response to an increase in sales and higher demand
We look at some of the most interesting hotels scheduled to open in the Middle East in 2023
Non-oil exports mainly comprised chemical and allied industries, accounting for 41 per cent of the total non-oil merchandise exports
The kingdom’s Education and Training Evaluation Commission has said female students will not be permitted to wear loose-fitting, full-length robes at the time of examination
The committee also witnessed the signing of an MoU between the Saudi Fund for Development and the Ministry of Economy of Azerbaijan
The US Federal Reserve raised its key interest rate by 50 basis points
The joint venture will bring genuine Toyota accessories to the Middle East region, benefitting customers with more choices of accessories