Startup Wrap – Saudi VCs Pour Capital Into Ventures Through Strategic Investments
RIYADH: Saudi venture capital firms are fueling regional innovation through substantial investments and new initiatives.... Read more
Oil Updates – Crude Gains More Than $1/bbl On Reports Iran Preparing Strike On Israel
SINGAPORE: Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, as geopolitical te... Read more
Saudi Arabias Wafi Energy Becomes Majority Shareholder In Shell Pakistan
ISLAMABAD: Wafi Energy Holding has become the majority shareholder of Shell Pakistan after Shell Petroleum Co., a subs... Read more
Saudi Banks Credit Card Loans Surge 14%, Reach A Record High Of $8.07bn
RIYADH: Credit card loans by Saudi banks hit a record high of SR30.27 billion ($8.07 billion) in the third quarter of 20... Read more
Oil Extends Gains On Reports Iran Preparing To Strike At Israel
SINGAPORE: Oil prices extended gains in early Asian trade on Friday, following reports that Iran was preparing a retalia... Read more
Red Sea Global Secures $1.5bn For AMAALA Infrastructure project
JEDDAH: Red Sea Global has announced the financial closing of a multi-utility infrastructure development project for the... Read more
Blue Tech Needs Private Sector Boost, Says RSG Official
RIYADH: Private sector firms need to lead the way and invest in so-called blue tech in order to protect the world’s oc... Read more
Saudi-US Bilateral Accords Not That Connected To Israel Normalization
RIYADH: Saudi Arabia’s foreign minister said on Thursday that some of the bilateral agreements the kingdom has been ne... Read more
NBK Eyes Partnerships In Saudi Arabia To Tap Vision 2030 Opportunities Across Diverse Sectors
RIYADH: The National Bank of Kuwait is looking to partner with different companies in Saudi Arabia as the Kingdom’s Vi... Read more
Riyadh Air Secures $1.3bn Credit Facility Ahead Of 2025 Launch
RIYADH: Saudi Arabia’s Riyadh Air has secured a $1.3 billion credit facility from a consortium of Gulf banks to fund i... Read more
Startup Wrap – Saudi Firms Continue To Lead Regional Activity
RIYADH: Saudi Arabia’s startup ecosystem is gaining momentum, with several firms securing significant investments and ... Read more
UAE The Top Destination For Saudi Arabias Non-oil Goods: GASTAT
RIYADH: Saudi Arabia’s neighbor UAE was the favorite destination for the Kingdom’s non-oil goods in August, with exp... Read more
GCC Sovereign Wealth Funds Lead Global Dealmaking With $55bn In Transactions
RIYADH: Sovereign wealth funds across the Gulf Cooperation Council signed off $55 billion across 126 transactions in the... Read more
Wellness Tourism – A Rising Force In Saudi Arabias Vision 2030
RIYADH: Saudi Arabia is rapidly positioning itself as a global leader in wellness tourism, a sector that promises signif... Read more
Pakistan, Saudi Arabia Vow To Increase Cooperation Between Small And Medium Enterprises
ISLAMABAD: Pakistan’s Minister for Industries and Production Rana Tanveer Hussain met with Saudi Arabia’s Governor ... Read more