Saudi homes being transformed into restaurants Historic homes in Saudi Arabia are undergoing renovations to serve as cafes and restaurants, thereby offering a dining experience steeped in cultural …
Saudi Arabia opens doors to foreign investors in real estate
The Ministry of Investment in Saudi Arabia has revealed that foreign investors are now allowed to own and engage in the buying and selling of real estate in the country. According to a report by Saudi …
BRICS+ Series: Saudi Arabia’s First Sovereign Green Bond A Milestone in Sustainable Finance
Saudi Arabia has taken a major step toward sustainable finance with the issuance of its first sovereign green bond in February 2025. The bond received an overwhelming response from global investors, …
Budget Rent A Car Saudi Arabia Reports Strong FY 2024 Performance with SAR 311.7 Million Net Profit
Company achieves 12.4% profit growth, with revenues nearing SAR 2 billionRiyadh, Saudi Arabia–(Newsfile Corp. – April 3, 2025) – Budget Rent A …
Abyat Kuwait eyes IPO in Saudi Arabia between 2027-2028
Mohammed Abul, CEO of Kuwait-based Abyat, stated that the company aims to go public in the Saudi market between 2027 and 2028 to finance its global tr …
Japan’s Terra Drone to boost cooperation with Saudi Aramco for inspections
Japanese startup Terra Drone, which uses drones to survey and inspect energy infrastructure, is stepping up cooperation with Saudi Arabia’s state-owned oil company Aramco to inspect oil and gas …
Major real estate reform: Will Saudi Arabia implement a rent cap?
Saudi authorities have also lifted the ban on transactions related to sales, purchases, subdivisions, and permits in northern Riyadh …
Ahsan calls on business community in KSA to boost trade relations
Minister for Planning and Development Ahsan Iqbal has urged the Pakistani business community in Saudi Arabia to actively contribute to expanding trade relations between the two countries. Addressing a …
Saudi Arabia’s Jameel Motors enters South Africa as Changan car distributor
Automotive distributor Jameel Motors, owned by Saudi Arabia’s Abdul Latif Jameel Group, will initially focus on the distribution of Changan and Deepal products. The vehicles are expected to be …
Why Saudi Arabians Are Back On Forbes’ Billionaires List For The First Time In 8 Years
Forbes removed the Kingdom’s billionaires from our ranking of the world’s wealthiest people in 2018, but they’re back now. Here’s what happened and why.