As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and Riyadh to attract investments will intensify further.

Riyadh, Saudi Arabia - Earth foresight, a scientific program to combat climate change using Artificial Intelligence was launched at the Global AI Summit which was organized at the King Abdulaziz International Conference Center, in Riyadh, from 13-15 September. The Ministry of Environment, Water and Agriculture (MEWA), the Saudi Data and...

Riyadh, Saudi Arabia - Saudi Arabia plans to establish more than 200 smart cities, Majed Al Hogail, Minister of Municipal, Rural Affairs and Housing, said. He was speaking at the second edition of the Global Artificial Intelligence (AI) Summit in Riyadh. The cities will use AI systems in numerous fields,...

Saudi Arabia’s Public Investment Fund (PIF), the sovereign wealth fund at the heart of the kingdom’s reform plans to wean the economy off oil, will tap into international debt markets for a debut green bonds issue in a week or so.

The Saudi firm made $279.4bn in profit in 12 months.

Riyadh, Saudi Arabia-- The Future Investment Initiative Institute said Thursday two of its major events will be held in September and October---its flagship event in Riyadh from Oct 25-27 and PRIORITY summit in New York on Sept. 22. The PRIORITY will be held on the sidelines of the 77th session...

The kingdom is the largest economy in the Middle East, making it a key market for any firm operating in the region.

It bought 51% stake in Innovative Care for $57 million.

Riyadh, Saudi Arabia: Riyadh will host the second edition of the Global Artificial Intelligence Summit from 13 to 15 September, the largest international AI event, with the participation of global policymakers and heads of technology, communications, and investment companies. The Summit, themed “Artificial Intelligence for the Good of Humanity,” is...

Riyadh, Saudi Arabia: The number of small and medium enterprises (SMEs) in Saudi Arabia increased by 25.6 percent to 892,063 in the second quarter of 2022, compared to the fourth quarter of 2021, the General Authority for Small and Medium Enterprises (Monsha'at) has said. The Riyadh region accounted for 35.4...

International delegates are meeting in Riyadh from August 28-31 to discuss the future of global digital communications ahead of International Telecommunications Union’s 2022 Plenipotentiary Conference in Bucharest Romania from 26 September-14 October. Hosted by Saudi Arabia’s digital regulator, the Communications & Information Technology Commission (CITC), the Preparatory Meeting will help...

Its CEO said the center will store imported edible oil.

The firm will sell its full range of products and spare parts.

Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in achieving the goals set under Vision 2030.

The Next World Forum, an esports and gaming forum that will bring together sector leaders and experts from around the world, will be held in Riyadh from 7 to 8 September 2022. The forum will be held at the Four Seasons Hotel in Riyadh, where the global gaming and esports...

Mohammed bin Salman's recent Europe visit after US President Joe Biden’s trip to Jeddah suggests that KSA wants to diversify its partners amidst global uncertainties, say experts.

French President Emmanuel Macron on Thursday warmly welcomed Saudi Arabia's Crown Prince Mohammed bin Salman for talks in Paris, with the two men enjoying a warm handshake that they emphasised by using all four hands. Prince Mohammed arrived in France following a visit from US President Joe Biden to Riyadh...

Saudi Arabia's  Center for Attribution and Liquidation "Infath" will auction quality real estate in Riyadh on  August 1, a media report said. The auctions offer 14 industrial real estate assets in eastern Riyadh, with large total areas estimated at more than 80,000 square meters. The real estate consists of three...

An increasing number of strategic agreements are being signed with the regional players as Europe, US seek to diversify sources of energy supply, says an expert at IRIS

It will be a public meeting, (unlike) previous encounters that were held privately at a low level between intelligence and security officials, said Iraqi foreign minister Fuad Hussein.

A center for manufacturing composite materials will be set up in Riyadh.

Rising cyber attacks on network infrastructure in countries across the world, which pose a significant threat to the economies of these countries, will be the focus of the 10th edition of MENA Information Security Conference (ISC) 2022 in Riyadh in September this year. MENA ISC is one of the most...

Saudi Arabia's oil-driven economy expanded by 9.6 percent in the first quarter, its strongest growth rate in a decade.

Al-Rajhi Capital which has analyzed the performance of all industrial sectors expects Saudi-listed companies to see mixed earnings in Q1 2022, amid rising oil prices.

Saudi Arabia's Center for Attribution and Liquidation, or Infath, has said that between June 7 and 15, it will be holding five public real estate auctions in Riyadh and Madinah, with areas exceeding 100,000 square meters. Auctions display 117 real estate assets, including commercial, residential, and agricultural lands, villas, and...

A meeting between the Committee of Heads of Red Crescent Societies and bodies in GCC concluded its 18th meeting. The committee issued a set of decisions including approving the Saudi Red Crescent Authority's bid to organize the third Gulf Forum for Voluntary Work for the Red Crescent bodies and societies...

Many GCC airlines have teamed up to create an air bridge to fly the fans to watch World Cup games during November and December, Qatar Airways CEO Akbar Al Baker tells TRENDS.

Major French companies have expressed their interest in accessing the Saudi market and investing in the tourism and entertainment market at a time the kingdom’s focus on these sectors has become an important part of its transformative Vision 2030. These remarks were made at a meeting between the Federation of...

The election took place during the ninth session of the group’s meetings hosted in Riyadh from February 14-17.

A sandstorm engulfed Saudi Arabia's capital and other regions of the desert kingdom Tuesday, hampering visibility and slowing road traffic. A thick grey haze made iconic Riyadh buildings such as Kingdom Centre nearly impossible to see from more than a few hundred meters (yards) away, though there were no announced...

Saudi Arabia on Monday pitched aviation industry leaders on its plans to become a global travel hub, drawing scepticism from analysts who questioned how it could compete against regional heavyweights. The kingdom's aviation goals, part of Crown Prince Mohammed bin Salman's wide-ranging "Vision 2030" reforms, include more than tripling annual...

Saudi Arabia's real estate sector continues to show promising signs, with increasing tourist numbers, consumers returning to retail stores, and more demand for office space.

Arab News, the leading multilingual pan-Arab daily, celebrated its 47th anniversary with a commitment to continue to be the platform of choice for voices that matter to its audiences worldwide.

The Saudi real estate firm will develop club's land in Riyadh.

In a major shake-up in the coalition battling Houthi rebels, Yemen's president Abedrabbo Mansour Hadi has formed a new council to lead the war-wracked country.

On the third day of the Global Entrepreneurship Congress (GEC) in Riyadh, SAR 6 billion ($1.59 bn) worth of agreements were signed and initiatives launched. The Small and Medium Enterprises Financing Guarantee Program “Kafalah" signed a number of agreements with a number of ministries as well as public and private...

The Global Entrepreneurship Congress is expected to see 40 agreements being signed between government agencies and major corporations.

A total of 33 agreements besides several investments worth more than $4.2 billion were signed on the first day of the Global Entrepreneurship Congress in Riyadh. These are aimed at supporting entrepreneurship in various fields and enhancing the Kingdom’s status as an attractive environment for pioneers, innovators and creators in...

For the second time since the global financial crisis, the Middle East has surpassed Europe in terms of IPOs as regional investors seek liquidity from increased oil prices.

The money will go in producing aviation fuel from waste.

Saudi Arabia Railways "SAR" has opened online booking of tickets for train services via the North Train to and from Al-Qurayyat Passenger Station. This is a part of its final preparations to operate the passenger train station in Al-Qurayyat. The services to Al-Qurayyat starts on March 31, 2022, with a...

Gulf Arab countries are seeking to host rare talks between Yemen's warring parties, including the Iran-backed Houthi rebels, in Riyadh at the end of the month, officials said on Tuesday. Yemen, the Arab world's poorest country, has been wracked by a devastating war since 2014, pitting the Houthis against the...

The forum witnessed the attendance of businessmen and owners from the Kingdom and the GCC countries and employees of the Chambers of Commerce.

Iranian state media reported Sunday that no date has yet been set for further dialogue between Tehran and Riyadh, after other media reports said talks have been "temporarily suspended". Iran and the kingdom of Saudi Arabia support rival sides in several conflict zones across the region, including in Yemen, where...

Saudi Arabia's Crown Prince Mohammed bin Salman has inaugurated the four-day-long World Defense Show in Riyadh, organized by the General Authority for Military Industries.

The MoU was signed in Riyadh between Saudi Attorney General Sheikh Saud bin Abdullah Al-Mujib with Algerian Algerian Minister of Justice Abdul Rashid Tabbi.

A panel discussion was organized by the Riyadh Economic Forum to review the progress of an important study, “New Investments, Digital Transformation and the Knowledge Economy”, as part of the forum’s preparations for its tenth session. Several government officials, academics, businessmen and women and others participated in the discussion. The...

The transaction was done by Merak Capital.

The Disney stamp, which commemorated Donald Duck’s 85th anniversary, measured a little over 44 square feet.

Nicos Anastasiades was received by Prince Mohammad bin Abdul Rahman bin Abdulaziz, Deputy Governor of the Riyadh Region.