The Ministry of Finance has published the Kingdom of Saudi Arabia Green Financing Framework in one of the Financial Sector Development Program initiatives, to drive the Kingdom toward sustainability and net zero emissions through the Circular Carbon Economy approach.The framework also highlights...
The General Authority for Statistics (GASTAT) issued today the Foreign Direct Investment (FDI) statistics for Q4 of 2023, which show that the net flow of FDI in Saudi Arabia amounted to over SAR13 billion, an increase of 16.0%, or SAR11 billion, compared to Q3 of the same year.Total FDI in the...
Red Sea Global Co. (RSG) is gearing up to receive its first international flight to Red Sea International Airport (RSI). Operated by flydubai, the flight will arrive from Dubai International (DXB) on April 18, marking the start of a new twice-weekly route to The Red Sea...
The president of the Royal Commission for Jubail and Yanbu (RCJY), Khalid Al-Salem, said that every riyal invested by the government through the commission was matched by SAR 8.9 investments from the private sector. Al-Salem indicated that the commission plans to reach SAR 9 in...
ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted real estate developer, took a major step in securing its technological capabilities through a comprehensive Memorandum of Understanding (MoU) with Commvault, a leading provider of cyber resilience and data protection...
Falcon’s Creative Group, a division of Falcon’s Beyond Global, Inc. (FBYD) (“Falcon’s” or the “Company”), a global themed entertainment powerhouse and visionary innovator in immersive storytelling, is proud to announce they are the master planner, attraction designer and...
Positive Zero, the leading provider of decentralized energy solutions in the GCC, and Tamimi Energy, one of Saudi Arabia’s pioneers in integrated and sustainable energy services, have announced a strategic partnership to develop and deliver solar power projects across the Kingdom of Saudi...
In its ongoing effort to enable world-leading technology companies to establish thriving operations in Saudi Arabia, supporting digital transformation in the Kingdom in line with Saudi Vision 2030, the Ministry of Investment of Saudi Arabia (MISA) today signed an MoU with Endava, the technology...
Saudi Arabian Oil Co. (Saudi Aramco) seeks to be a key partner in China's economic development journey, said President and CEO Amin Nasser. China is not just a market for Aramco; hence the company is exploring the new opportunities there, Nasser said in his speech at China...
The Ministry of Human Resources and Social Development (HRSD) announced today, March 23, the dates for the four-day Eid Al-Fitr holiday for the private and non-profit sectors starting from Monday, April 8. Eid Al-Fitr holiday will commence for the public sector by the...