Saudi Arabia’s private equity managers launch $500 million(AED1.84 billion) investment funds to encourage foreign investors to raise capital, establish new growth opportunities as Saudi Arabia widens …
Up to SAR10 million fine: Saudi Arabia announces rules for foreigners buying property
As Saudi Arabia begins opening property investment to foreigners, the Kingdom’s regulatory authority has put in place strict guidelines to ensure transparency and safety in the market. One of the main …
Where can foreigners buy property in Saudi Arabia? New zones explained
Saudi Arabia has opened parts of its real estate market to foreign buyers, but the new system is not a blanket freehold model. Non-Saudis can buy property only within approved geographic zones, with s …
Saudi Arabia’s Non-oil Private Sector Grows in June, New Orders at Four-month High
The latest Riyad Bank Purchasing Managers’ Index (PMI), released on Sunday, showed that growth in Saudi Arabia’s non-oil private sector accelerated markedly at the end of the second quarter. The …
Saudi Arabia advances sovereign AI ambitions with new deal
Magna AI, has announced a new collaboration with Emaar Executive Company (EEC), as part of ongoing efforts to drive Saudi Arabia’s vision for sovereign AI. Magna AI is a by-product of a partnership …
Saudi Arabia unveils detailed rules for foreign property ownership
RIYADH — Saudi Arabia has introduced a comprehensive regulatory framework governing property ownership by non-Saudis, setting out detailed requirements for foreign individuals, companies and …
Multiply Media Group Expands into Saudi Arabia Through Strategic Partnership with Cenomi Centers and the Launch of BackLite KSA
Jul 3, 2026– Multiply Media Group (MMG), the UAE-headquartered Out-of-Home media powerhouse and a subsidiary of 2PointZero Group PJSC, today announced its expansion into Saudi Arabia through a …
Gulf plans to cut the US out of Iran deal
The first talks were between Iran and Oman, then between Oman and Qatar, followed by Iran and Saudi Arabia, and finally, Qatar and Saudi Arabia – all aimed at hammering out what regional co-existence …
IHG to bring all six Luxury & Lifestyle hotel brands to Saudi Arabia by 2028 as tourism accelerates
IHG Hotels & Resorts will introduce all six of its Luxury & Lifestyle brands to Saudi Arabia by 2028 as it expands to 48 open hotels and 62 in the pipeline …
India, Saudi Arabia sign MoU to boost water resources cooperation
India and Saudi Arabia signed a Memorandum of Understanding (MoU) on cooperation in water resources in Jeddah. The pact aims to enhance partnership and share best practices in sustainable water …