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Saudi Arabia

Saudi Investment Fund announces the largest bookbuild offering in MENA

Saudi Investment Fund announces the largest bookbuild offering in MENA PIF today announced the completion of the sale of part of its stake in the Saudi Telecom Company (stc) through an accelerated bookbuild offering. The offering comprised 100 million shares, representing 2% of stc’s issued share capital. The total value of the offering was SAR 3.86 billion ($1.03 billion), with a final offer price of SAR...

Hayy Jameel to Become the New Home of Alliance Française Saudi Arabia

Hayy Jameel to Become the New Home of Alliance Française Saudi Arabia Alliance Française to Open at Hayy Jameel in Jeddah From left to right: Larry Lamartiniere (Alliance Française Managing Director), Mohammed Nehad (Consul General of France in Jeddah), Zaher Al Munajeed (President of Alliance Française), HE Ludovic Pouille (Ambassador of France), Hussein Jameel (Director of Community Jameel), Faisal Al Sammanoudi (Chairman of Abdul Latif Jameel...
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A watershed moment for Saudi’s Data centre & Cloud industry

A watershed moment for Saudi’s Datacentre & Cloud industry Going beyond expectations, the debut edition of Datacentre & Cloud Infrastructure Summit (DCCI) on 29 –...

Private Sector’s Contribution to 2030 GDP is 145 Billion SAR

Private Sector's Contribution to 2030 GDP is 145 Billion SAR During the recent Global Health Exhibition, Saudi Health Minister, Fahd AlJalajel, engaged in crucial discussions...

373.251 billion USD the volume of investments in the industrial sector in Saudi Arabia

373.251 billion USD the volume of investments in the industrial sector in Saudi Arabia The Ministry of Industry and Mineral Resources of Saudi Arabia has...

Saudi Arabia card payments market to grow by 14.6% in 2023

Saudi Arabia card payments market to grow by 14.6% in 2023 The Saudi Arabia card payments market is expected to grow by 14.6% in 2023...

73% of Saudi Arabia’s HNWI’s want to buy a new home in the next 12-months

73% of Saudi Arabia’s HNWI’s want to buy a new home in the next 12-months 73% of HNWI's in Saudi Arabia are planning to buy...

Saudi Arabia Opens Its Award-Winning, Record-Breaking Expo 2020 Dubai

Saudi Arabia Opens Its Award-Winning, Record-Breaking Expo 2020 Dubai Saudi Arabia inaugurated its state-of-the-art pavilion at Expo 2020 Dubai on Friday, kicking off a six-month...

Saudi Arabia among top 50 global countries in research share according to Nature Index Tables 2020

Saudi Arabia among top 50 global countries in research share according to Nature Index Tables 2020 In the Nature Index 2020 Annual Tables*, Saudi Arabia...

Saudi Aramco tightens capital expenditure

Saudi Aramco tightens capital expenditure Saudi Aramco plans to reduce its investment plans after oil prices crashed due to a slump in demand as a...

Saudi Oil price war unlikely to have quick end

Saudi Oil price war unlikely to have quick end Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production...

Saudi IoT will Redefine, Rejuvenate, Recreate, Reconnoitre and Resonate the New Wave of Technology in KSA

Saudi IoT will Redefine, Rejuvenate, Recreate, Reconnoitre and Resonate the New Wave of Technology in KSA Saudi Arabia is amidst an imminent Transformation, where Saudi...

Economic diversification will drive Saudi’s trillion-dollar construction market

Economic diversification, social reform and population growth will drive Saudi’s trillion-dollar construction market According to leading cost and project management consultancy, Linesight, which has a...

Investing in Local Talent is Critical to Expanding Travel and Tourism Industry

Investing in Local Talent and Capabilities is Critical to Driving Growth in Saudi’s Expanding Travel and Tourism Industry Saudi Arabia’s travel and tourism industry is...