These changes follow a record year in 2024 when the CMA approved 44 new investment funds, including equity, money market, Waqf (endowment), and ETF funds
The new entity aims to serve as a national provider of comprehensive business services, streamlining operations and enabling efficiency
The CEO of Sukna Capital outlines their investment strategy, timing, and how this fund aligns with Saudi Arabia’s Vision 2030 ambitions
The IEA on Friday boosted its forecast for supply growth this year, while also trimming its outlook for growth in demand
Running until August 24, the event features 25 tournaments across 24 leading game titles and brings together more than 2,000 elite players from around the globe
The launch reflects Emirates’ ongoing investment in the Saudi market, where it has operated for over 30 years
The new property law is part of a broader strategy to stimulate economic growth while maintaining social and market balance
Trump’s tariffs have prompted uncertainty across the market and concerns they could have a negative effect on the global economy and, consequently, on oil demand
The country also increased the prices for all crude grades it sells to refiners in Northwest Europe and the Mediterranean by $1.40 a barrel
The ministry urged all consumers to immediately stop using any of the affected products and to contact Anker to arrange for a replacement
Oil’s gains were kept in check by expectations that the OPEC+ group will boost its August crude oil output
The labor force participation rate among Saudi women climbed to 36.3 per cent, while their unemployment rate dropped to 10.5 per cent
The kingdom has reinforced its airport and airspace security through enhanced surveillance systems, risk management frameworks, and technical infrastructure upgrades
The city now joins the ranks of global cities, including Dubai, with custom editions.
These products may only be sold in supply stores (supermarkets) and hypermarkets, with meat sales requiring a separate license
PIF holds a long-term issuer rating of Aa3 with a stable outlook from Moody’s, and an A+ rating, also with a stable outlook, from Fitch
Expo 2030 Riyadh will take place from October 1, 2030, to March 31, 2031
The masterplan for Expo 2030 Riyadh spans 6 million square meters, making it one of the largest World Expo sites
At the forefront of innovation, stc group is spearheading efforts to bolster cybersecurity, safeguarding businesses, individuals, and securing the digital future
The regulations will take effect on July 1, 2025 and also extend to digital food ordering platforms
The Trent XWB-97, developed specifically for the Airbus A350-1000, is recognised as the most efficient large aircraft engine in service
Saudi Arabia’s remarkable progress highlights its rapid development in the entrepreneurial landscape
The agreement complements Riyadh Air’s existing 132 aircraft on order, bringing the total fleet to up to 182
Non-oil GDP growth remains solid, underpinned by strong purchasing managers’ index readings and a sharp rise in international trade
Service providers have been urged to comply promptly, with the ministry warning that delays or failures in documentation could result in visa processing issues or penalties
Visitors holding valid Schengen, UK, or US visit visas will continue to qualify for visas on arrival at Saudi entry points
According to GASTAT, 1.5 million pilgrims arrived from outside the kingdom through various entry points for Hajj
The initiative is designed to accelerate response times and support healthcare operations by delivering medicines and medical supplies
How executive education courses such as Accenture and Stanford University’s Generative AI Scholars Programme are helping c-suite leaders prepare for an AI dominated ecosystem
LEAP East will take place in Hong Kong from 8-10 July 2026, marking the first time the event is held outside Saudi Arabia