Tag: KSA

Saudi-Portuguese Business Council launches investment regulation initiative

RIYADH: Saudi Arabia and Portugal are aiming to increase awareness of investment regulations in both countries to boost trade thanks to a first-of-its-kind initiative.  Announced...

China to issue $2bn bonds in Saudi Arabia amid deepening bilateral ties

RIYADH: China has announced plans to issue dollar-denominated bonds in Saudi Arabia starting the week of Nov. 11, marking its first debt issuance in...

Saudi Arabia’s eXtra unveils price range for IPO

United International Holding Co (UIHC), the subsidiary of Saudi-listed United Electronics Company (eXtra), will raise between 900 million Saudi riyals ($264 million), and SAR...

Saudi Arabia announces $13.3bn of investment deals at Global Health Exhibition

Key agreements include SR4bn pharmaceuticals-manufacturing deal, SR5bn expansion by Fakeeh Care Group, and SR3bn Almoosa Health Group plan for new medical facilities Goal is for...

Closing Bell: Saudi main index closes in red at 11,907

MSCI Tadawul Index decreased by 16.87 points, or 1.12%, to close at 1,490.22 Parallel market Nomu surged, gaining 227.15 points, or 0.87%, to close at...

Serbia secures $205m loan from Saudi Fund for Development

JEDDAH: Serbia has signed a $205 million loan agreement with the Saudi Fund for Development to enhance its agriculture, education, and energy sectors. Three deals...

Saudi hotel spending rises 2.4% amid broader POS decline: SAMA

Spending on education saw the largest decline, plummeting 36% to reach SR125.9 million Jewelry sector recorded the smallest decline at 0.8%, reaching SR261.4 million RIYADH: Saudi...

20 Canadian Companies Look to Invest in Saudi Digital Transformation

More than 20 Canadian companies have expressed interest in investing in Saudi Arabia's digital transformation, seeking to leverage opportunities in the Saudi telecommunications and...

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Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...