The new hub will feature a five-star hotel, 22 luxury stores, 15 F&B outlets, seven cinemas, and an international food market. Saudi Arabia opens new Salmani-style mall in Riyadh. General …
Saudi economy edging closer to reducing dependence on oil –IMF official
Government-led reforms and the growth of private investment in new sectors will help support non-oil economic growth in Saudi Arabia amid an expected sharp slowdown in overall growth this year, a …
The Country Where Bankers’ Pay Is Booming: Saudi Arabia
Even as the global financial community contends with layoffs and lower bonuses, banking jobs remain plentiful and salaries are surging in one unexpected corner of the world: Saudi Arabia.Most Read …
Hajj pilgrims can take $1200 with them: Bangladesh Bank
A hajj pilgrim can carry $1200 or equivalent amount in foreign currency for their entire trip to Saudi Arabia, the Bank has …
Saudi Arabia’s construction contracts rose 35% to over $51bln in 2022
The total value of contract awards in Saudi Arabia in 2022 reached about 192.4 billion Saudi riyals ($51.3 billion), a 35 percent surge year-on-year (YoY), the US-Saudi Business Council (USSBC) said …
World’s Top Steelmaker Signs Deal for Saudi Arabian Steel Plant
China’s Baoshan Iron & Steel Co. has joined forces with Saudi Aramco and the kingdom’s sovereign wealth fund to set up a steel plant in the Middle Eastern nation as the two countries deepen commercial …
UN Chief Hosts Meeting on Afghanistan Crisis
Envoys from nearly two dozen countries, including United States, China, Russia, Saudi Arabia, Pakistan, Iran, India, Qatar and Britain, are participating in discussions …
Aramco, Baosteel and PIF sign agreement to establish first integrated steel plate manufacturing complex in Saudi Arabia
Aramco, one of the world’s leading integrated energy and chemicals companies, Baoshan Iron & Steel Co., Ltd. (Baosteel), the world’s leading steel …
Lionel Messi in Saudi Arabia
World Cup-winning football megastar Lionel Messi is in Saudi Arabia. The Argentinian shared an image of the “unexpected wonders” of the Kingdom with his more than 450m Instagram followers on Sunday, …
Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.32%
Saudi Arabia stocks were higher after the close on Sunday, as gains in the Building & Construction, Retail and Industrial Investment sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.