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RIYADH: American multinational technology conglomerate Meta has announced the launch of a new training program named ‘Meta Boost’ to support 20,000 small and medium enterprises in Saudi Arabia. The

RIYADH: The Saudization of postal and parcel services throughout all regions in the Kingdom has begun, the Ministry of Human Resources and Social Development said in a statement. In a tweet from its

Riyadh: Saudi Arabia looks set to reverse most of the 2020 increase in its debt burden over the next several years while also rebuilding its fiscal buffers, a report released by global rating agency

RIYADH: In a first-of-its-kind listing in Dubai, the Bank of China’s Dubai branch has issued the 2025-maturing bonds at a yield of 4.84 percent as BOC’s previous such listing was issued by its Abu

RIYADH: Oil prices fell on Monday, deepening a multi-week decline, as a weakening global economy offset supply woes stemming from the closure of a key pipeline supplying the US and the Russian threat

RIYADH: Saudi Arabia’s hotel industry continues on its trajectory to a full recovery with Jeddah’s room occupancy and tariffs in November surpassing pre-pandemic levels. A report released by global

RIYADH: In a move to foster greater participation of the banking sector in Saudi Arabia’s privatization drive, the National Center for Privatization & PPP, known as NCP, has signed a cooperation
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RIYADH: Defending champion Daniil Medvedev and world No. 10 Taylor Fritz will compete in the final at the Diriyah Tennis Cup presented by Aramco. The pair enjoyed semifinal wins over Stan Wawrinka

RIYADH: Saudi Arabia and China vowed to prioritize relations as part of their foreign policy and setting a model of cooperation and solidarity for developing countries, according to a joint statement

RIYADH: “Slave,” a sci-fi thriller, premiered at the Red Sea International Film Festival 2022 this week and the film’s executive producer and director gave a glimpse of what went behind the scenes.

RIYADH: Despite macroeconomic conditions impacting the sector globally, the construction industry in the Kingdom continues to lead the Middle East and North African region, said a recent report.

RIYADH: “Slave,” a sci-fi thriller, premiered at the Red Sea International Film Festival 2022 this week and the film’s executive producer and director gave a glimpse of what went behind the scenes.

RIYADH: Saudi Arabia played an important role in the Dubai Airports’ recovery post the pandemic as the Kingdom drove significant traffic growth between the two countries, according to the airport’s

RIYADH: The Organization of Petroleum Exporting Countries, and its allies, known as OPEC+, has agreed to roll over its existing output policy, just a day after the Group of Seven nations decided to

Riyadh: Saudi Arabia has issued permits for 725 industrial projects worth an accumulated SR1.37 trillion ($265 billion) in the first nine months of 2022, according to data from the Ministry of

RIYADH: A new award system recognizing achievements in sustainable tourism was launched during the World Travel and Tourism Council Global Summit. The Riyadh-based Sustainable Tourism Global Center

RIYADH: Saudi Arabia’s King Salman has chaired on Tuesday the weekly Cabinet meeting at Al-Yamamah Palace in the capital Riyadh, the Saudi Press Agency reported. The Cabinet discussed the recent

RIYADH: The head of the largest hospitality firm in Europe insists the world should be learning from the Middle East’s “mind boggling” tourism plans as he praised the region’s ambitions in the

By Saifur Rahman Saudi Arabia plans to build the world’s largest airport at a 57 square kilometre patch of land in the country’s capital city Riyadh that, once complete, will handle up to 185 million passenger annually. This will create the largest gateway to the Kingdom as it plans to attract greater number of international tourists to the new tourism and entertainment destinations currently being built in […]

RIYADH: As residential prices continue to rise in Saudi Arabia’s cities, the total transaction value of houses in the Kingdom has increased by 6 percent compared to this time last year, the latest

RIYADH: The appetite for food delivery in the Middle East and North Africa region has continued to grow in 2022 after the pandemic kick-started demand for the services in the region, according to a

RIYADH: Saudi Basic Industries Corp., or SABIC, is planning to start a joint project with Saudi Aramco to convert crude into petrochemicals, the Kingdom’s Energy Minister Prince Abdulaziz bin Salman

RIYADH: As Saudi Arabia aims to diversify its financial sector by accelerating development in fintech, its central bank has granted another license to a new payment technology firm, Tweeq

RIYADH: The UAE business fraternity puts the pedal to the metal this week with a slew of announcements reflecting its capital adequacy and financial stability in the public and private sectors. Dubai
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