Foreign direct investment (FDI) inflows to Saudi Arabia climbed to SAR 19 billion ($5.07 billion) in the fourth quarter of 2023, rising 17% from SAR 16 billion in the third quarter of 2023, according …
FDI inflow to Saudi Arabia jumps 16% to $3.47bn in Q4 2023
The net flow of Foreign Direct Investment (FDI) into Saudi Arabia amounted to over SAR13 billion ($3.47 billion) in Q4 of 2024, an increase of 16% from SAR11 billion in Q3 of the same year. Total FDI …
Saudi Arabia issues tender to buy 595,000 metric tons of wheat
DUBAI, March 28 (Reuters) – Saudi Arabia issued tender to buy 595,000 metric tons of wheat for June-July arrival, its state wheat buying agency, the General Food Security Authority (GFSA), said on …
Saudi Arabia’s FDI inflows jumped 17% to cross $5bln in Q4 2023
Foreign direct investment (FDI) inflows to Saudi Arabia climbed to SAR 19 billion ($5.07 billion) in the fourth quarter of 2023, rising 17% from SAR 16 billion in the third quarter of 2023, according …
Saudi Arabia issues tender to buy 595,000 metric tons of wheat
DUBAI, March 28 (Reuters) – Saudi Arabia issued tender to buy 595,000 metric tons of wheat for June-July arrival, its state wheat buying agency, the General Food Security Authority (GFSA), said on …
Saudi Arabia considers transferring state airline Saudia to PIF
PIF already owns Riyadh Air, the kingdom’s newest airline which is set to start operations next year. The government is aiming to transform Saudi Arabia into a major aviation hub, with Riyadh Air …
Meet the ex-Canary Wharf boss now building a tourist paradise in Saudi Arabia
Red Sea Global is overseeing the birth of two luxury resorts and a private retreat on the west coast of Saudi Arabia …
UN picks Saudi Arabia to lead women’s rights forum despite ‘abysmal’ record
Kingdom chosen to chair Commission on Status of Women after unopposed bid, to dismay of human rights groups …
Saudi biggest lender names new CEO in new top reshuffle
DUBAI, March 27 (Reuters) – Saudi Arabia’s biggest lender has appointed a new chief executive to lead the bank, replacing its former acting CEO who was appointed to the role a year ago in the turmoil …
Dar Al Arkan’s global unit aims to acquire US property in expansion push
Dar Global, the global arm of Saudi Arabia’s biggest developer Dar Al Arkan, plans to buy property in the US and other countries, in a growing trend among Middle East investors to capitalise on …