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. […]
Category: Finance and economics
Saudi Fund Launches Investment Accelerators for Handicraft Sector
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 […]
Saudi Arabia’s Industrial Boom Unlocks Global Potential Experts Highlight Opportunities at Riyadh Industry Week
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 […]
Saudi Arabia Adds Over 1,000 New Hotel Rooms as Future Hospitality Summit Kicks Off
Saudi Arabia’s hospitality sector received a significant boost with the opening of the Future Hospitality Summit in Riyadh, announcing the addition of over 1,000 new […]
Blue Yonder Acquires Pledge Expanding Its End-to-End Supply Chain Platform With Accredited Carbon Emissions Reporting
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 […]
Vision 2030 lays the groundwork for long-term economic success
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. […]
Diriyah Company Awards SAR 5.1 Billion Royal Opera House Project to Three Leading Firms
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 […]
Lucidya Secures SAR 5 Million Grant from Saudi Arabia’s National Technology Development Program
Lucidya, the leading AI-powered customer experience management (CXM) platform in the Arab world, has secured a SAR 5 million (USD 1.3 million) grant from […]
Saudi Capital Market Authority Approves Flynas’ IPO of 30% Shares
The Capital Market Authority in the Kingdom of Saudi Arabia has approved Flynas’ request to register and offer 51,255,000 shares for public subscription, representing 30% […]