Tourism Development Fund, which was set up in June, says use of Oracle Cloud applications will enhance data integration, increase productivity, reduce costs.

Saudi Arabia has officially recorded more than 520,000 cases of coronavirus, of which 8,189 have resulted in deaths.

The country’s ICT infrastructure market value stood at $1.54 billion in 2020, and is being fueled by several factors.

Valued at $5.72 billion in 2020, the market is expected to expand to $7.94 billion by 2026, said market intelligence firm TechSci Research

If the Saudi Central Bank’s (SAMA) plan to increase the number of locals working in the financial sector succeeds, it could end up creating nearly 200,000 jobs for Saudi citizens.

Saudi Arabia might host an extra Formula One race this year in order to help the organizers of the race to fill a gap on the calendar due to the Covid pandemic.

The US has issued a swift condemnation of the latest Houthi attack on Saudi Arabia with a ballistic missile and three explosive-laden drones. It has called on Houthis to end the attacks.

Pakistan foreign office said the visit holds "special significance in the backdrop of the recent visit of Prime Minister Imran Khan to Saudi Arabia in May 2021"

Arab countries topped Egypt's food export market destinations with a value of $1.090 billion or 55%, followed by the European Union (EU) with $340 million or 14%.

The King has directed the country’s officials to provide Malaysia with aid after the country’s Foreign Minister requested Saudi Arabia for assistance in fighting off the surge in infection.

During the month the Real Estate Development Fund has deposited the money into accounts of Saudi citizens benefiting from the Sakani program.

The company owns nearly 600 fuel stations in Saudi Arabia, and it is now looking to expand beyond the kingdom into North Africa, and widen its base to 1,000 outlets in next five years.

The highest (237,000) number of foreigners left their jobs between the second and third quarters of 2020

Hima, in the Gulf state's southwest, is home to one of the largest rock art complexes in the world

The 3000-year-old Hima Najran rock arts site has more than 550 paintings 

Saudi Arabia has invested around $650 million in the road sector of Bahrain through the Saudi Fund for Development

Saudi Arabia will automatically extend the validity of residence permits for expatriates outside the country until August 31

Energy Minister Abdulaziz bin Salman has said Saudi Arabia will pump out “every last molecule” of oil it has

Saudi Arabia and the United Arab Emirates have dismissed allegations they used Israeli-supplied Pegasus malware to spy on journalists and human rights activists.

The digital system also allows the authorities to guide the tens of thousands who attend the annual event, which in years past has at times been marred by deadly stampedes and accidents

Following the introduction of an anti-concealment law early this year, Saudi Arabia has stepped up its efforts to crack down on the shadow economy.

Saudi Arabia on Wednesday barred its citizens from travelling to Indonesia due to the surge in Covid-19 cases there

Clients of HFI will be supported by Al Suweikat and Al Busaies Law Office in Al Khobar.

The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity, which rose from 3.17 million barrels per day in that year to over 3.8 MBPD in April 2020.

From prosthetics to financial support, the Saudi aid center in Yemen has been critical to the welfare of ordinary citizens

The $500-billion mega city will have its own laws and regulations to govern itself.

Two key leaders of Saudi Arabia and the United Arab Emirates met in Riyadh on Monday, emphasizing the ties between the neighbors after a public row over oil policy.

Bahrain residents can book the one-way luxury car ride to Saudi Arabian cities such as Dammam, Khobar, Dhahran, Jubail, Buqaiq, Hufof and Riyadh for $198 per ride.

Saudi citizens will from August 9 be allowed to travel abroad only after the second dose of the Covid-19 vaccine

Only Saudi Arabia traded more with Bahrain, with the total value reaching $781 million during the quarter Oman was followed by Kuwait, which recorded $99 million in bilateral trade in Q2 There has been an unexpected surge in trade between the United Arab Emirates (UAE) and Bahrain in the second...

Former Saudi economy and planning minister Mohammed Sulaiman Al-Jasser will head the bank.

The OPEC+ meeting on Sunday agreed to raise output by 400,000 barrels per day (bpd) each month from August to help fuel a global economic recovery as the pandemic eases.

Analysts at Jordan-based Arab Advisors Group have said digital payments in Egypt and Saudi Arabia are on the rise

The deal makes Saudi Arabia’s PIF a minority shareholder in the group Some of the money raised will be used to pay back loan taken out last year McLaren, a leading UK carmaker, has raised £550 million (US$757 million) fund in a deal that makes Saudi Arabia’s Public Investment Fund...

Up to 60,000 Muslims residing in Saudi Arabia are allowed to take part in this year's hajj, evoking the envy and awe of millions of international pilgrims who have been barred for the second year due to the coronavirus pandemic

Saudi Arabia has officially allowed businesses to remain open during the five daily Muslim prayers. The decision is said to be part of the fight against the coronavirus pandemic. 

Saudi Arabia on Thursday inaugurated several projects in Jeddah worth SAR 31.32 million ($8.35 million) to help Hajj pilgrims

Saudi ports saw an increase in the total number of handled cargo as well as passengers during June 2021

Thanks to a boost it received from higher oil prices, Fitch has revised its outlook for Saudi Arabia from negative to stable, and also reaffirmed the kingdom’s sovereign ratings.

The GCC has hotel investments worth $27 billion in the pipeline, said the Arabian & African Hospitality Investment Conference (AHIC)

Saudi Arabia's Human Rights Commission (HRC) chief Awwad bin Saleh Al-Awwad in a meeting with US and EU diplomats has vowed to protect human rights in the kingdom.

Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June, the highest this year.

With the bloc pumping less than needed, prices are set to be volatile, says IEA Oil demand is expected to rise by another 3.3 mbd in the three months The UAE’s deliberations with OPEC+ regarding its position on an extension of an oil supply deal are still underway, the Gulf...

The kingdom seeks to repeat last year's success that saw no virus outbreak during the five-day Muslim ritual.

Major OPEC producers Saudi Arabia and the United Arab Emirates have reached a compromise in a standoff over crude output quotas.

Saudi Arabia authorities have invited bids from interested parties to develop small sewage treatment plants at Jazan, said local reports on Tuesday, July 13.

President Kais Saied has said that Saudi Arabia, Libya,  Kuwait, Turkey and Algeria have also pledged to help Tunisia is currently battling a fresh wave of infections after successfully containing the virus following its outbreak last year As the spike in Covid-19 cases in Tunisia leads to a highest death...

The investments by the Public Investment Fund contributed to the economic recovery Last year, Saudi's economy suffered a double whammy of crashing oil prices and Covid-19 pandemic Saudi Arabia's bid to diversify its economy away from oil is beginning to show results with its  non-oil economy set to expand by...

The new airport is to be a base for the new airline that the Public Investment Fund is looking to launch to counter regional carriers Riyadh is already served by the King Khalid International Airport Saudi Arabia is planning to build a new airport in its capital city Riyadh, said...

Strict restrictions and intensive vaccination drive help the region deal with the pandemic Massive drop in global oil demand and continuous closures in various sectors affect the GCC economies By imposing strict restrictions on its citizens and reaching advanced stages in vaccination campaigns, the GCC proved to be one of...