The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi.

Saudi Arabia expects to post a deficit of 2.7% of gross domestic product this year and to reduce it further next year, to 1.6% of GDP, it said in a preliminary budget statement for 2022.

Saudi Arabia has launched the Makers of Happiness initiative to support the entertainment sector in the country in various ways.

The Saudi Arabia-based company gets approval to float 6.3 million shares.

Saudi males found securing jobs was easier than women in the kingdom in the second quarter of 2021, lowering unemployment rate to 11.3 percent.

This agreement can be considered the start for several projects.

The UAE and Qatar are hosting global events like EXPO 2020 this October and FIFA World Cup in 2022  respectively and initiating infra projects worth billions of dollars.

The discussions, hosted by Iraq as it seeks to act as a regional mediator, were launched under Iran's former, moderate president Hassan Rouhani, who was replaced in August by Raisi.

The floodlit circuit is expected to run over 6.175 km (3.8 miles), the second-longest on the calendar, and will feature 27 corners.

DUBAI: Etihad Rail has completed construction works on a stretch of the 1200-km UAE National Railway Network, the company said on Wednesday. The work was completed ahead of schedule on Package A of Stage Two, which extends over 139 km, and its connection through Al Ghuwaifat on the border of Saudi...

Saudi Arabia has managed to digitize some 50 million real estate documents under the Real Estate Title Digitization Initiative. It is one of the initiatives of the Ministry of Justice in the National Transformation Program.

Trade between Dubai and Saudi Arabia grew 26 percent to AED30.5 billion in the first half of 2021, making the kingdom the emirate’s biggest trading partner in the Arab world.

Saudi Arabia’s economy will benefit from higher oil prices and its successful COVID-19 vaccine roll-out, ratings agency S&P Global has said as it affirmed the Kingdom’s stable outlook in its latest report.

Saudi Arabia will develop a new luxury mountain resort as the giga project inches closer to welcoming its first guest in 2022.

DUBAI: The European Union Tuesday welcomed the reforms taking place in Saudi Arabia and noted that "significant steps" have been taken to advance womenآ’s rights. In a statement, European Action External Service, the EU's diplomatic arm, the first-ever Human Rights Dialogue between the EU and the Kingdom held in Brussels...

The plants are being built under the Privatization Program, one of the elements of Vision 2030, said Abdulrahman Bin Abdulmohsen Al-Fadhli, the minister of water.

The discussions took place between the Sharjah Chamber of Commerce and Industry and the National Real Estate Committee of the Federation of Saudi Chambers on various ways to explore investment opportunities in the real-estate sector.

Banking firms in the Arabian Gulf countries dominate the list of top companies in terms of market capitalization with Saudi players leading from the front.

First Dubai Real Estate Development Co. board cleared the $51.4m deal.

The global drop in oil prices, along with the pandemic and related issues, had dealt quite a blow to the Saudi economy.

Special security forces of Saudi Arabia, the UAE, Greece and Egypt have completed joint drills in the Greek capital, Athens.

Saudi Arabia has been flooded with license applications from investors at home and abroad to invest in its mining sector. The applications have been received on the portal of the kingdom’s Industry and Mineral Resources Ministry.

The United Arab Emirates-based healthcare and education investment company, Amanat Holdings, has sold its 13.13 percent of minority equity stake in the Saudi International Medical Center for $118 million.

Saudi Arabia and the United Arab Emirates contributed about 70 percent of the total value of the Gulf Cooperation Council's real estate deals in the first half of 2021

The Saudi Capital Market Authority (CMA) intends to double the $213 billion funds under its management.

DUBAI: Dawqara, a place in Saudi Arabia's Northern Borders region, has shown signs of civilization during the late Roman period. Local media reports said one of the site’s most important artifacts is a square palace that was built from large volcanic stones. Its construction takes into consideration the straightness and...

Saudi Arabia and Greece have decided to set up a business council in order to enhance bilateral trade and investment between the two countries.

The global camera maker aims to meet the target by the end of 2023.

Saudi Arabia has succeeded in saving nearly $133.3 billion during the last four years by virtue of efficiency and budgetary discipline, according to the kingdom’s Finance Minister Mohammed Al-Jadaan.

Saudi Arabia aims to be one of the top 10 countries in the world in data and artificial intelligence, and in this direction the kingdom is has put 25,000 data and AI specialists through training.

Speaking to journalists on the sidelines of the UN General Assembly in New York, Khatibzadeh said the talks were "good" and called for countries to settle regional issues between themselves, without foreign interference. Saudi King Salman on Wednesday expressed hope that talks with Iran would "lead to tangible outcomes to...

It is predicted that the Hyperloop technology will carry between 45 and 50 million passengers yearly in the Gulf Arab states using clean and renewable energy.

Amidst forecast of economic recovery of Saudi Arabia, a few sectors that have driven the Kingdom's Q2 growth include real estate, manufacturing, wholesale, retail and hospitality.

Moody’s, the bond credit rating firm, has upgraded the Baseline Credit Assessment (BCA) of Saudi Arabia’s stc, saying it has maintained “very strong financial metrics.

From 2018 to 2022, the private-sector healthcare spending is forecast to increase at a cumulative annual growth rate (CAGR) of 9.5 percent

DUBAI: As many as 23 factories that will manufacture solar panels and systems will be set up across Saudi Arabia, according to Saudi Authority for Industrial Cities and Technology Zones (Modon). The plants will be established in 12 industrial cities, including Riyadh, Sudair, Al-Kharj, Dammam, Jeddah, Al-Madinah and Al-Baha as...

The workshop discussed the most prominent ways to expand the current investments in line with Saudi Vision 2030.

Saudi Arabia will invest $6.4bn in waste recycling over the next fifteen years in order to move to a more sustainable waste management system.

There has been a massive growth in content creation and learners' demand in last two years as the pandemic puts focus the importance of e-learning in the region.

Top Saudi banks have seen strong growth in the second quarter of the current fiscal in financing and deposits. According to Alvarez & Marsal, the professional services firm, core operating income rose 8.4 percent from the first quarter to the second quarter of 2021, while L&A increased by 13.1 percent...

The Saudi company will undertake ground handling services for flydubai.

The Saudi economy, as per IMF, is recovering "well" from the pandemic, estimating the kingdom's non-oil economy will grow by 4.3 percent this year. The Kingdom's GDP, which rose from US$ 701.5 billion in 2020, is likely to hit to US$ 804.9 billion by the end of 2021.

Filipinos living overseas have sent back some $3.8 billion in July with most of the remittances coming from the Middle East.

Saudi Arabia is aiming to give a boost to local industries and in this regard Aramco and McDermott, the US-based contractor, are looking at the feasibility of localizing onshore modular construction.

Gold prices reached record levels in 2020 following an increase in investor appetite because of COVID-19. The price of yellow metal decreased slightly at the beginning of 2021, but in recent months it returned to its previous level with expectations of growth in the latter half of the year.

Saudi Arabia and South Africa are looking to boost trade after a year of slump that saw imports from the kingdom fall to a four-year low in 2020.

Days after securing a $125 million Series B funding from SoftBank, the Saudi startup, Unifonic, says that it wants to be profitable first before listing on a stock market.

Saudi Arabia is confident that its new mining law will lure private investment from the kingdom as well as abroad as it seeks to exploit an estimated $1.3 trillion of potential value in the sector.

A Dubai-based think-tank has said that as many as 254 start-ups, mostly from the UAE, Saudi Arabia, and Egypt, have attracted a record-breaking funding in 2021.

PSG boasts a stellar line-up, with the likes of Lionel Messi, Neymar, Kylian Mbappé, and Sergio Ramos taking to the field in its colors.