Finance and economics

Saudi Aramco has increased its ownership in Petro Rabigh to 60 percent following a $702 million deal with Japan’s Sumitomo Chemical, strengthening its position in the Kingdom’s refining and petrochemical industries. The

Saudi Arabia’s Minister of Finance, Mohammed Al-Jadaan, led the Kingdom’s delegation to the 124th meeting of the GCC Committee for Financial and Economic Cooperation, hosted in Kuwait with the participation of finance

Saudi Arabia recorded a sharp rise in net foreign direct investment (FDI) inflows during the first quarter of 2025, reaching $5.9 billion, marking a 44.4% increase compared to the same period last

In light of the rapid and significant transformation in the economic and developmental visions of many countries in the region, and the increasing need to create investment opportunities, business consulting services have

Employee performance management aims to ensure that all employees perform their daily tasks efficiently and effectively, leading to improved overall organizational performance. By aligning individual goals with the organization’s objectives, employees gain

Strategic planning plays a vital role in aligning the efforts of work teams and various departments within organizations. It starts with connecting the vision and direction of leadership and top management, and

Bank credit in Saudi Arabia witnessed a significant surge in April, reaching a record-high of approximately $834 billion, with corporate borrowing now outpacing household lending across the Kingdom. Recent data indicates that

By Advisor Aktham Fayoumi Just as the invention of the microscope allowed humanity to explore entirely new worlds previously invisible to the naked eye, it’s important to recognize that this innovation was

By Advisor Aktham Fayoumi One of the core responsibilities that guide the direction of investment institutions is the classification of legitimate versus illegitimate investment activities. This classification plays a crucial role in

Riyadh’s retail sector has experienced a significant uptick, with mall rental rates increasing by 4.2% in the third quarter of 2025, bringing the average rent to SAR 2,845 per square meter. This

The Kingdom is charting a bold path toward economic transformation, unveiling plans to attract more than $100 billion in foreign direct investment across the mining and entertainment sectors by the year 2030.

In a move that underscores Saudi Arabia’s ambition to build sustainable smart cities, Diriyah Co.has entered into a strategic memorandum of understanding with South Korea’s Kakao Mobility to develop a comprehensive smart

As part of its steadfast commitment to supporting global development efforts, the Kingdom of Saudi Arabia has underscored the critical role of data and artificial intelligence in accelerating progress toward the United

Saudi Arabia and Kuwait have jointly announced a new oil discovery in the Dorra field, located within the maritime Partitioned Zone shared by both countries. The announcement highlights the ongoing cooperation between

Saudi Arabia’s Tourism Development Fund has unveiled new investment accelerators aimed at supporting the handicraft sector, as part of a broader effort to empower local artisans and sustain the Kingdom’s cultural heritage

As part of Saudi Arabia’s efforts to bolster its industrial growth and attract foreign investments, the “Riyadh International Industry Week 2025” garnered significant praise from experts in the industrial and logistics sectors.

Blue Yonder, the world leader in end-to-end digital supply chain transformation, today announced it acquired the business of Pledge Earth Technologies Ltd. (“Pledge”), including its global supply chain sustainability solution for

Saudi investment expert Rakan Al-Qusaibi has praised Vision 2030 as a powerful framework that has laid the groundwork for sustainable economic transformation in the Kingdom. Speaking at an economic forum, Al-Qusaibi said

As part of Saudi Arabia’s ambitious efforts to elevate its cultural landscape, Diriyah Company has officially awarded the Royal Opera House development contract—a flagship component of the At-Turaif heritage district project—with a