Despite the recent signs of a US-Saudi rapprochement, analysts say it is improbable Riyadh will agree to diplomatic ties with Israel.

The US will use "all elements of its national power" to stop Iran from acquiring nuclear weapons, President Joe Biden pledged in a security declaration signed with Israel on Thursday. In the document inked by Biden and Israeli Prime Minister Yair Lapid in Jerusalem, the two countries "reaffirm the unbreakable...

Saudi Arabia has reported a 16 percent increase in cargo volumes to 27.1 tons in June 2022, according to the latest release by the Saudi Ports Authority, also known as Mawani.

Israeli journalist Yoav Limor's freindly experience in Saudi hints at changes in Saudi public opinion that officials hope could one day lay the groundwork for a formal bilateral ties.

Air Force One will make a first direct flight from Israel to Saudi Arabia amid efforts to build ties between the Jewish state and the Gulf kingdom, which does not recognize Israel's existence. The trip is seen as part of efforts to stabilise oil markets by re-engaging with major energy...

Israel hopes US President Joe Biden's Middle East tour will hail the start of diplomatic ties between the country and Saudi Arabia, a senior Israeli official said Tuesday.

US President Joe Biden lands in the Middle East on Wednesday for a trip that will see Israeli leaders urge tougher action against Iran, before a delicate stop in Saudi Arabia. The 79-year-old president's visit to Jeddah on Friday will be the focus of the tour.

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...

Guyana has pledged to a group of Saudi investors visiting the South American country to remove all hurdles in the way of making investment.

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

Saudi Arabia’s Industrial Production Index (IPI) grew by 24 percent in May 2022 compared to the same period last year. The growth is the third highest rise in the last three years, according to the kingdom’s General Authority for Statistics (GASTAT). The IPI is an economic indicator that reflects the...

Biden appears ready to re-engage with Saudi Arabia that has been a key strategic ally of the United States for decades.

US President Joe Biden said Saturday he aims to "strengthen a strategic partnership" with Saudi Arabia during a visit there next week, but added that he will hold true to "fundamental American values." Biden is expected to press for increased Saudi oil production in the hope of taming spiraling fuel...

Biden is expected to press for increased Saudi oil production in the hope of taming spiraling fuel costs and inflation at home.

The kingdom, which has 15 domestic airports, is witnessing a significant increase in the prices of domestic flights, ranging between 32% and 314%, a survey points out.

This year's Hajj, the first large-scale edition since the guardian requirement was dropped in 2021, has taken on a different hue with thousands of unaccompanied women joining the rituals.

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.

The biggest hajj pilgrimage since the coronavirus pandemic began kicks off Wednesday, with hundreds of thousands of mostly mask less worshippers expected to circle Islam's holiest site in Saudi Arabia's Mecca.

Saudi Arabia's non-oil economy has recorded a strong improvement in business conditions in June, according to the latest Purchasing Managers Index data report from S&P Global.

The Saudi firm earned $8m in profit in the last three months.

Two years of drastic restrictions on the number of pilgrims emptied shops and hotels across the Saudi Arabian city of Mecca.

"A generous royal order was issued approving the allocation of financial support in the amount of SAR 20 billion (around $5.3 billion) to face the repercussions of rising prices globally," the official Saudi Press Agency highlighted. Roughly half that amount would come via direct cash transfers to social security beneficiaries.

The region's gaming industry is estimated to be worth $5 billion by 2025 with Saudi Arabia and the UAE leading the growth closely followed by Egypt and Qatar.

White-robed worshippers from across the world have packed the streets of Mecca as Islam's holiest city prepares to host the biggest hajj pilgrimage since the coronavirus pandemic.

The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS.

France is looking to invest in energy, technology, water and industrial services sectors in Saudi Arabia, according to the French ambassador to the kingdom. Ludovic Pouille said at a press conference that the kingdom is an attractive region with a suitable environment for investments in all its vital sectors. The...

The Saudi and UAE stock markets ended the week lower as concerns about slowing global economic growth impacted investor sentiment. Saudi Arabia's market index TASI finished down 1.7 percent at 11,523 points. Abu Dhabi Securities Exchange ended with a loss of 0.3 percent, on Friday the index in Dubai, fell...

AlNama smart city being developed in Saudi Arabia will be a zero-carbon community, according to the Dubai's URB entrusted with the job of designing the city.

Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost at their meeting on Thursday, despite pressure to further increase production. Russia's invasion of Ukraine has exacerbated concerns about oil supplies, sending prices to record highs this year.

The company has won approval for an IPO of 1m shares.

The British company aims to ensure data security.

In the Middle East, the UAE and Saudi Arabia have been leading the decarbonization conversation with pivotal government initiatives that encourage businesses to reduce their carbon footprint. Now, 2022 and beyond will be about delivering on and monetizing those ambitions despite all the challenges, he adds.

Saudi Arabia and Italy will jointly explore investment opportunities in sectors as wide as finance, infrastructure and mobility, tourism and culture, and renewable energy.

TRENDS takes an in-depth look at how the regional govts are reshaping their policies to make the technological ecosystem more lucrative and useful for metaverse and blockchain.

The Gulf countries still need to develop more laws since the use of Metaverse and Blockchain will expand in only some regions, something that "undermines the idea of a single, cohesive region in this sector, he adds.

The Haj season enhances Saudi Arabia’s political and religious prestige while contributing to its annual revenue of around $8 billion and creating thousands of jobs.

The Saudi Space Commission and the Italian Space Agency sign a memorandum of understanding for enhancing cooperation in the field of space for peaceful purposes

Several MENA countries have fared well on all three domains of the Genuine Progress Indicator, which has been hailed as a much better metric of a nation's progress than GDP.

Iraq's prime minister met with leaders in rivals Saudi Arabia and Iran on Sunday, discussing regional stability as part of Baghdad's efforts to mediate between the two Middle East heavyweights.

Saudi Arabia is seeking to convince investors and companies in Britain to make investments in the kingdom's industrial and mining sectors.

Saudi Arabia and Pakistan reviewed bilateral relations in a meeting between Crown Prince Mohammed bin Salman and Pakistan army chief Qamar Javed Bajwa.

The United States has hinted that more Arab nations could take steps to improve ties with Israel, ahead of President Joe Biden's trip to the Middle East.

75 percent of respondents in Kuwait and 60 percent in Qatar said their country has a shortage of people with specialised skills.

Saudi Arabia has consolidated its position in the Arab world as the largest economy, posting a domestic output of $833.5 billion last year, the equivalent of 29.7 percent of the entire Arab region.

Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented in several stages.

The Kingdom of Saudi Arabia has signed a joint cooperation agreement in maritime transport with the Republic of Djibouti which aims to open new horizons for cooperation in various fields between the two countries

Saudi Arabia’s overall merchandise exports increased by 98 percent in April 2022 compared to April 2021, according to General Authority for Statistics (GASTAT). The value of exports amounted to SAR137.1 billion ($36.53 billion) in April 2022, up from SAR69.3 billion in April 2021. This increase was attributed mainly to oil...

The firm got top rating with a stable outlook from Moody's.

Barbara Leaf, the top US diplomat for the Middle East, said that the Biden administration was encouraging greater cooperation between Israel and the Arab nations.

Arab govts in touch with Israel have no differences with it regarding the May 4 incident, Eliav Benjamin, Israeli foreign ministry director for Middle East affairs, tells TRENDS.