Home to Islam’s holiest sites in Mecca and Medina, Saudi Arabia has long welcomed pilgrims as well as business travellers, but it inaugurated a general tourism visa only in 2019, just months before …
Saudi Arabia, Switzerland Cooperate in Cleantech, Infrastructure and Logistic Services
Swiss Federal Councillor Guy Parmelin, head of the Federal Department of Economic Affairs, Education and Research (EAER), stressed that the opportunity is ripe for closer cooperation with Saudi Arabia …
Saudi Arabia’s Non-Oil Business Activity Slows to 2-Year Low in Jan-PMI
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index stood at 55.4 in January, down from 57.5 in December, and the lowest reading since January 2022.
Saudi Arabia megaprojects 2024: From Neom to AlUla, 17 developments shaping its future
A guide to the 11 projects in Saudi Arabia’s mega-development From giant cubes to luxury seaside resorts, the list of megaprojects in Saudi Arabia continues to grow. The kingdom’s transformation under …
Saudi Arabia’s investment ministry withdraws budget data
The Saudi Arabia 2023 budget recorded a surplus of 16 billion riyals ($4.27 billion) compared to the government’s previous forecast deficit of 82 billion riyals, the investment ministry said on Monday …
Saudi Fintech Revolution Summit — Saudi’s Digital Finance Frontier: Fintech Unleashed
We TraiCon Events will be hosting Saudi Arabia’s premier fintech event titled as ‘Fintech Revolution Summit’ scheduled on 29th & 30th April 2024 at Riyadh, Saudi Arabia – A Leading Financial Hub of …
South Africa’s Milkor gets go-ahead to produce drones in Saudi Arabia
At the World Defense Show, which runs Feb. 4-8, the Milkor Medium Altitude Long Endurance (MALE) class 380 drone was on display with Saudi Arabian livery for the first time. The unmanned aerial …
Saudi Arabia budget records surplus of $4.27 billion in 2023 – ministry
DUBAI (Reuters) – The Saudi Arabia 2023 budget recorded a surplus of 16 billion riyals ($4.27 billion) compared to the government’s previous forecast deficit of 82 billion riyals, the investment …
Fitch a ffirms Saudi Arabia at ‘A+’; Outlook Stable
Nonetheless, governance is improving with social and economic reforms and efforts to bolster effectiveness across government institutions …
GCC Companies Rush Into Saudi Arabia
Companies in the GCC are expanding in Saudi Arabia to tap the massive opportunities being created by $3 trillion worth of foreign investment enterin …