Business & Finance - Page 3

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 Arabia, following its acquisition of Atlen Agency,

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 its official launch, setting a new global

Jeddah, Saudi Arabia – May 26, 2025 — Johnson Controls Arabia, a global leader in Smart Building Controls, and energy efficiency solutions, has inaugurated the first-ever 600-ton air-cooled chiller production line at

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 expanding renewable energy and water desalination projects

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 at strengthening its regional and international presence.

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 continued progress in diversifying the Kingdom’s economic

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 released by the Saudi Ports Authority (Mawani).

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 2025, signaling a major transformation across the

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. Forecasts indicate that carriers in the region

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 of 2025, aiming to attract international investors,

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 of the company’s listing on the Saudi

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 Market (TASI), with an opening price of

Folk Maritime Services Company, a Public Investment Fund (PIF) company and emerging leader in regional liner and feeder services, has finalized a strategic agreement with Shanghai CIMC Yangshan Logistics Equipment for the

Sarah Al-Suhaimi, Chairperson of the Saudi Stock Exchange (Tadawul), announced that the exchange is currently working closely with Nasdaq to upgrade its market systems and infrastructure, as part of the Kingdom’s commitment

The Saudi Authority for Industrial Cities and Technology Zones, known as “MODON,” announced that it attracted new local, and foreign investments amounting to SAR 24 billion in 2024. This represents a 38%

Saudi Arabia, Riyadh – May 8, 2025 – CBRE Middle East, the global leader in commercial real estate, released its latest edition of the Saudi Arabia Real Estate Market Review for the

Folk Maritime Services Company, a PIF company and one of the region’s emerging leaders in providing regional liner and feeder services, announced today the official purchase of its second owned vessel, M/V

On March 11, Yaqeen Capital signed an agreement with the Saudi Leather Industries Company (SLIC) to arrange its Initial Public Offering (IPO) on the Main Market of the Saudi Stock Exchange (Tadawul).

The Saudi Council of Economic and Development Affairs held a virtual meeting to discuss financial performance and global economic developments, with a focus on enhancing the contributions of the public sector. Operating

As the Financial Markets Forum is currently taking place in Riyadh, Dr. Mohammed Makni, Professor of Finance and Investment at Imam University, shared valuable insights into Saudi Arabia’s financial market developments, emphasizing