The GCC data center market is set to grow from $3.48 billion in 2024 to $9.49 billion by 2030, driven by cloud computing, AI demand, and Vision 2030 initiatives in Saudi Arabia and UAE. Leading …
Pokemon Go maker Niantic to sell game division to Saudi-owned Scopely for $3.5B
Niantic Labs said it would sell its video game (Pokemon Go) business to Scopely, which is owned by Saudi Arabia, for $3.5 billion to focus on geospatial technology.
US-Ukraine negotiations in Saudi Arabia spark ceasefire hope
Are the negotiation agreements between the USA and Ukraine, which took place on Tuesday in Saudi Arabia, a first step towards peace in Ukraine? – If Putin does not cease his aggression, there will be …
Baghdad-Based Digital Zone Considers Expansion Beyond Iraqi Market
Baghdad-based Digital Zone, acquired by Qi Group in January 2025, is exploring expansion into GCC countries, focusing on Saudi Arabia. The …
Islamic finance contracts grow to SAR 2.38T in Q3 2024: SAMA
Shariah-compliant finance contracts in Saudi Arabia rose by 11% year-on-year (YoY) to SAR 2.38 trillion by the end of Q3 2024, data from the Saudi Cen …
Saudi residential real estate to attract $1.22 billion this year, consultancy says
Private buyers in Saudi Arabia are expected to spend $1.22 billion in the country’s residential market this year, property consultant Knight Frank said in a report on Tuesday, with NEOM being the most …
Saudisation requirements and leadership changes: Saudi’s biggest stories of the week
Top stories shaping Saudi’s hospitality sector. Saudisation requirements and leadership changes: Saudi’s biggest stories of the week. saudi stories of the week. Saudi Arabia.
Saudi finance leaders call for accounting reforms to boost investor trust and advance Vision 2030
As Saudi Arabia’s regulatory landscape evolves, audit oversight remains a priority for upholding market integrity. Sami Mohammed AlShorafa, Supervision Deputy at the Capital Market Authority, …
Trump says he will visit Saudi Arabia for major business deal
US PRESIDENT Donald Trump said on Thursday he planned to visit Saudi Arabia, suggesting a deal for major investment from the kingdom that has become the key venue for US diplomacy with Russia and …
Saudi Arabia’s new airline set to entirely transform the country’s tourism industry
The launch of its new airline will allow millions of passengers more travel access to and from Saudi Arabia than ever before