Saudi airports witness 42% rise in passengers in first 4 months of 2023
RIYADH: Fueled by significant growth in the Saudi travel and tourism sector, air traffic witnessed a strong rebound during the ...
Country: Kingdom of Saudi Arabia
Saudi real estate ‘booming’ on big office space demand
Saudi Arabia's multi-faceted real estate market is currently experiencing a dynamic expansion across all sectors, a positive trend backed by ...
Saudi SME sector to prosper thanks to 23 new initiatives from Monsha’at
RIYADH: Small and medium enterprises in Saudi Arabia are set to prosper thanks to 23 new initiatives launched by the ...
World’s longest subsea cable 2Africa reaches Saudi Arabia in connectivity boost
RIYADH: Saudi Arabia is now connected to the world’s longest subsea cable after the 45,000-km fiber-optic 2Africa network landed in ...
Saudi-US trade and investment volume hits $55bn, US Embassy in Riyadh reveals
RIYADH: Trade between the US and Saudi Arabia has rocketed by 122 percent since 2021, according to new figures released ...
Middle East’s real-time transaction growth driven by Saudi Arabia, says new report
RIYADH: Saudi Arabia recorded 352 million real-time payment transactions in 2022 amid its push to modernize the country’s payments infrastructure ...
Saudi Arabia offers 50 investment opportunities worth over $25bn in machinery, equipment sector
RIYADH: Saudi Arabia will offer 50 investment opportunities worth over $25 billion in the machinery and equipment sector as part ...
Real Estate Development Fund deposits $248m in Sakani accounts to boost Saudi housing goals
RIYADH: Saudi families have received more support to own their homes after SR933 million ($248 million) were deposited into their Sakani accounts ...
First accredited low-carbon ammonia shipment dispatched from Saudi Arabia to Japan
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. It represents ...
MODON attracts $890m investment from private sector in Q1
RIYADH: Private sector investment continues to rise in Saudi Arabia’s industrial sector, with the Kingdom managing to attract as much ...
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