According to a new analysis, Saudi Islamic banks are expected to continue their strong performance this year and in 2025, boosted by non-oil economic development and good operating conditions. Fitch…
Spinneys, a DFM-listed company, had a main expansion strategy that included entering Saudi Arabia. Spinneys, a Dubai-based supermarket chain, has achieved a significant milestone by opening its first shop in…
An analysis has highlighted the need for substantial investment to tap into the potential 1,400 gigawatts of offshore wind energy in the Middle East and North Africa (MENA) region. According…
According to the sources, Saudi Arabia has surpassed China as the leading developing market issuer of international bonds, with $33.2 billion in bond sales to date. Due to an 8%…
The digital revolution within Saudi Arabia’s banking sector has significantly enhanced the nation’s economic landscape, making financial transactions easier for customers, experts told Arab News. The Kingdom, known for its…
The plant is set to be the first LNG export facility in the Middle East and North Africa region. ADNOC has granted NMDC Energy, Technip Energies, and JGC Corporation a…
Company will be one of the first fintech firms to go public in the kingdom. Saudi Fintech Rasan Information Technology Co. rose in its Riyadh debut after raising SR841 million…
Saudi Arabia’s pioneering electric vehicle brand, Ceer, has secured a significant SR8.2 billion ($2.18 billion) agreement with Hyundai Transys, a South Korean company, to supply "EV Drive Systems" for its…
According to official data, Saudi Arabia's Industrial Production Index increased by 1.1 percent to 105.6 points in April as a result of manufacturing operations. The General Authority for Statistics reports…
Energy investment in the Middle East is projected to reach around $175 billion in 2024, with clean resources accounting for approximately 15 percent of this total, according to a new…
