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 […]
Category: Business & Finance
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Gold Nears 1-Month Low as Geopolitical Tensions Ease
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
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
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
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
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 […]
State-led startup momentum set for sustainable growth under Saudi Vision 2030
Saudi Arabia’s startup ecosystem is gaining remarkable momentum, fueled by strong government support aligned with Vision 2030’s goal of diversifying the national economy and fostering […]
Saudi Arabia’s NEOM Energy and Water Company wins global recognition for breakthrough in brine valorisation and water recovery
Saudi Arabia’s NEOM Energy and Water Company (ENOWA) has been named first runner-up in the Innovative Research and Development Award (International Institutions category) during the […]
Ruder Finn Atlen Announces Establishment of Full-Service Office and Regional Headquarters in Saudi Arabia
Ruder Finn, a global integrated marketing and communications consultancy, has announced the opening of its full-service office and regional headquarters in Riyadh, Kingdom of Saudi […]
D360 Bank Welcomes One Million Customers in Four Months Redefining Digital Banking in Saudi Arabia with Speed, Scale, and Innovation
D360 Bank, the innovative Saudi Shariah-compliant digital bank, has announced that it has reached more than one million customers within the first four months of […]
Johnson Controls Arabia Inaugurates the Kingdom’s Largest YORK Air-Cooled Chiller Production Line
Jeddah, Saudi Arabia – May 26, 2025 — Johnson Controls Arabia, a global leader in Smart Building Controls, and energy efficiency solutions, has inaugurated the […]
Saudi Arabia’s ACWA Power Eyes $5bn Investment Deal with Uzbekistan
Saudi Arabia’s ACWA Power is advancing its global leadership in sustainable energy with plans to sign a $5 billion investment deal with Uzbekistan, aimed at […]
Saudi Carrier Flynas to Expand Operations Across Four Key Hubs
Flynas, Saudi Arabia’s leading low-cost carrier, has announced plans to expand its operational footprint across four major hubs in the Kingdom, in a move aimed […]
Non-Oil Sector Powers Saudi Arabia’s GDP Growth to 3.4% in Q1 2025
Saudi Arabia’s economy posted a 3.4% GDP growth in the first quarter of 2025, with the non-oil sector emerging as the primary growth driver, signaling […]
Saudi Ports Record 13% Surge in Container Throughput in May: Mawani
Saudi ports posted a strong performance in May, with container throughput rising by 13% compared to the same period last year, according to new data […]
Global Energy Investment Projected to Soar to Record $3.3 Trillion in 2025
The global energy sector is poised for an unprecedented surge in investment, with projections indicating that total spending will reach a record $3.3 trillion in […]
Middle East Airlines Set to Lead Global Profit Margins in 2025, Outperforming All Regions
Airlines in the Middle East are projected to achieve the highest profit margins globally in 2025, maintaining their strong performance in the global aviation industry. […]
PIF-Backed D360 Bank Seeks Global Investors for Series A Funding Round
D360 Bank, a Shariah-compliant digital bank backed by the Public Investment Fund, is preparing to launch its Series A funding round in the second half […]
Retail Subscription for 10.25 Million Flynas Shares Opens Today on Tadawul
On Tuesday, May 28, 2025, the retail tranche of Flynas’ Initial Public Offering (IPO) officially opened, offering 10.25 million shares to individual investors as part […]
Today United Carton Industries Company Shares Begin Trading on Saudi Stock Exchange at SAR 50 per Share
On Tuesday, May 27, 2025, the Saudi Stock Exchange (Tadawul) officially welcomed the listing and trading of United Carton Industries Company (UCIC) on the Main […]