Tag: KSA

How KSA is blending compliance and innovation to build a global startup hub 

RIYADH: Saudi Arabia is advancing an ambitious strategy to position itself as a global hub for technology startups, striking a balance between regulatory reform...

Saudi industrial output jumps 7.9% in June on manufacturing gains

Mining and quarrying, which include crude oil production, increased 6% annually Index of oil activities advanced 7.7% year on year in June RIYADH: Saudi Arabia’s industrial...

Aramco posts $22.67bn Q2 profit amid market volatility 

RIYADH: Saudi Aramco reported a net profit of SR85 billion ($22.67 billion) for the second quarter of 2025, underscoring its operational strength and financial...

Saudi Arabia tops GCC debt market with $47.9bn in H1 issuances: Markaz 

RIYADH: Saudi Arabia led the Gulf region’s primary debt market in the first half of 2025, raising $47.93 billion through 71 bond and sukuk...

Can Riyadh’s $60 Billion Green Finance Push Save Saudi Arabia’s Future?

As the world races to confront climate change, Saudi Arabia is staking its claim not only as an oil powerhouse but also as a...

Saudi economy grows 3.9% in Q2, driven by non-oil activity

Growth in non-oil activities reached 4.7% Non-oil sector contributed largest share to GDP growth, adding 2.7 percentage points RIYADH: Saudi Arabia’s economy expanded by 3.9 percent...

Education spending drives Saudi POS transactions to $3.16bn 

Education sector recorded SR111.18 million in transaction value Overall POS transactions across all sectors declined 2.9% to 206.46 million RIYADH: Education spending in Saudi Arabia increased...

Saudi Arabia tops MENA private equity activity in H1: MAGNiTT 

RIYADH: Saudi Arabia emerged as the most active private equity market in the Middle East and North Africa during the first half of 2025,...

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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)...