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Category: Business & Finance

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Syrian Business Delegation Set to Visit Riyadh to Boost Economic Ties
  • Business & Finance

Syrian Business Delegation Set to Visit Riyadh to Boost Economic Ties

  • The Saudi Times
  • 18 August، 2025
  • 0

A delegation of Syrian business leaders is scheduled to visit Riyadh in a move aimed at strengthening economic and investment relations between the two sides, […]

GCC Railway to Connect Gulf States by 2030, Driving Regional Integration and Economic Growth
  • Business & Finance

GCC Railway to Connect Gulf States by 2030, Driving Regional Integration and Economic Growth

  • The Saudi Times
  • 18 August، 2025
  • 0

The ambitious GCC Railway Project is moving forward with a clear vision to link Kuwait, Saudi Arabia, the UAE, Bahrain, Qatar, and Oman through a […]

Saudi Aramco Signs $11 Billion Jafurah Gas Development Deal with BlackRock-led Consortium
  • Business & Finance

Saudi Aramco Signs $11 Billion Jafurah Gas Development Deal with BlackRock-led Consortium

  • The Saudi Times
  • 15 August، 2025
  • 0

Saudi Aramco has signed a landmark $11 billion agreement with an investment consortium led by BlackRock to develop the infrastructure of the Jafurah gas project—one […]

Saudi Arabia’s Industrial Production Jumps 7.9% in June
  • Business & Finance

Saudi Arabia’s Industrial Production Jumps 7.9% in June

  • The Saudi Times
  • 10 August، 2025
  • 0

The latest data from the General Authority for Statistics revealed that Saudi Arabia’s industrial production recorded a significant increase of 7.9% in June 2025 compared […]

Saudi Arabia’s PIF Ranked World’s Most Valuable and Fastest-Growing Sovereign Wealth Fund
  • Business & Finance

Saudi Arabia’s PIF Ranked World’s Most Valuable and Fastest-Growing Sovereign Wealth Fund

  • The Saudi Times
  • 28 July، 2025
  • 0

In 2025, Saudi Arabia’s Public Investment Fund (PIF) was officially recognized as the highest‑valued and fastest‑growing sovereign wealth fund globally. Its brand is now valued […]

Credit Suisse Predicts Strong Outlook for Aramco Stock Following Free Share Distribution
  • Business & Finance

Credit Suisse Predicts Strong Outlook for Aramco Stock Following Free Share Distribution

  • The Saudi Times
  • 24 July، 2025
  • 0

A recent report by Credit Suisse projects a strong performance for Saudi Aramco’s stock following the company’s recent free share distribution, which is expected to […]

Lucidya Raises USD30 Million in Largest AI Funding Round in MENA
  • Business & Finance

Lucidya Raises USD30 Million in Largest AI Funding Round in MENA

  • The Saudi Times
  • 19 July، 2025
  • 0

Lucidya, MENA’s leading AI-Powered customer experience management (CXM) platform, has announced the close of its USD30 million Series B round—the largest AI investment ever raised […]

Saudi Arabia Pavilion to Host Cross-Sector Business Events at Expo 2025 Osaka
  • Business & Finance

Saudi Arabia Pavilion to Host Cross-Sector Business Events at Expo 2025 Osaka

  • The Saudi Times
  • 17 July، 2025
  • 0

The Saudi Pavilion at Expo 2025 Osaka is set to become a dynamic hub for hosting a series of cross-sector business events aimed at fostering […]

Youth-Led Businesses in Saudi Arabia Surpass 474,000 driven by Tech Innovation
  • Business & Finance

Youth-Led Businesses in Saudi Arabia Surpass 474,000 driven by Tech Innovation

  • The Saudi Times
  • 17 July، 2025
  • 0

Recent figures reveal that over 474,000 businesses in Saudi Arabia are now led by young entrepreneurs—a powerful indicator of the dynamic role youth play in […]

PIF Launches “Tasama” to Boost the Kingdom’s Business Services Sector
  • Business & Finance

PIF Launches “Tasama” to Boost the Kingdom’s Business Services Sector

  • The Saudi Times
  • 15 July، 2025
  • 0

The Public Investment Fund has announced the launch of “Tasama,” a new national company set to lead the business services sector in the Kingdom by […]

Saudi Financial Ecosystem Hits $267 Billion Milestone in 2024 in Line With Vision 2030
  • Business & Finance

Saudi Financial Ecosystem Hits $267 Billion Milestone in 2024 in Line With Vision 2030

  • The Saudi Times
  • 14 July، 2025
  • 0

Saudi Arabia’s financial ecosystem reached a remarkable milestone in 2024, with its total value surpassing $267 billion (equivalent to SAR 1 trillion). This achievement reflects […]

Saudi Main Index Closes Slightly Lower at 11,253 Points
  • Business & Finance

Saudi Main Index Closes Slightly Lower at 11,253 Points

  • The Saudi Times
  • 13 July، 2025
  • 0

Saudi Arabia’s main stock index ended today’s trading session with a slight decline of 0.21%, closing at 11,252.90 points — a drop of 24.01 points […]

POS Spending in the Kingdom Rises 5% in Early July boosted by Hotel Sector
  • Business & Finance

POS Spending in the Kingdom Rises 5% in Early July boosted by Hotel Sector

  • The Saudi Times
  • 10 July، 2025
  • 0

Point-of-sale (POS) transactions across the Kingdom saw a 5.3 percent increase during the first week of July 2024 compared to the previous week, according to […]

New Program Launched to Empower Youth and SMEs in Driving the Kingdom’s Economy
  • Business & Finance

New Program Launched to Empower Youth and SMEs in Driving the Kingdom’s Economy

  • The Saudi Times
  • 10 July، 2025
  • 0

As part of its ongoing efforts to accelerate economic development and nurture national talent, the Ministry of Economy and Planning in the Kingdom has launched […]

Najran Sees 56% Surge in Business Registrations
  • Business & Finance

Najran Sees 56% Surge in Business Registrations

  • The Saudi Times
  • 29 June، 2025
  • 0

Najran region in southern Saudi Arabia has experienced a significant 56% year-on-year increase in business registrations during the first half of 2024, according to a […]

Gold Nears 1-Month Low as Geopolitical Tensions Ease
  • Business & Finance

Gold Nears 1-Month Low as Geopolitical Tensions Ease

  • The Saudi Times
  • 27 June، 2025
  • 0

Gold prices dipped on Monday, nearing their lowest level in a month as easing global geopolitical tensions reduced demand for the metal’s safe-haven appeal. Spot […]

Health, Defense Spending Drive Saudi ICT Deals Over $10 Billion
  • Business & Finance

Health, Defense Spending Drive Saudi ICT Deals Over $10 Billion

  • The Saudi Times
  • 27 June، 2025
  • 0

Saudi Arabia’s Information and Communications Technology (ICT) sector recorded a significant surge in 2023, with total contracts exceeding $10 billion, driven by increased spending in […]

The Shift in Saudi Consumer Expectations in 2024
  • Business & Finance

The Shift in Saudi Consumer Expectations in 2024

  • Muntasir Abu Al Hasan
  • 19 June، 2025
  • 0

As we look at the evolving expectations of Saudi consumers at the start of 2024, it becomes increasingly clear that technology will play a pivotal […]

Snapchat delivered a 14% higher ROI than the grouped channel average
  • Business & Finance

Snapchat delivered a 14% higher ROI than the grouped channel average

  • The Saudi Times
  • 18 June، 2025
  • 0

Snap Inc., in partnership with Omnicom Media Group (OMG) and Annalect have released a new study revealing that advertisers in the GCC achieve a high […]

MENA Startup Ecosystem Gathers Pace with New Funding Rounds and Regional Expansions
  • Business & Finance

MENA Startup Ecosystem Gathers Pace with New Funding Rounds and Regional Expansions

  • The Saudi Times
  • 14 June، 2025
  • 0

The Middle East and North Africa (MENA) region is rapidly cementing its status as a vibrant and dynamic hub for entrepreneurship and innovation. In recent […]

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The Saudi Times Magazine - Issue 014 June 2025
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