Tag: KSA

Why tech startups should choose Riyadh as their MENA launchpad

Riyadh is becoming a leading destination for tech startups in the Middle East, fueled by Saudi Arabia’s Vision 2030 reforms, an advanced infrastructure, and...

Saudi Power Procurement Co. signs $458m wind energy deal for Yanbu project

Saudi Power Procurement Co. has signed a power purchase agreement for the 700-megawatt Yanbu Wind Power Project, backed by an investment exceeding SR1.7 billion...

Saudi Arabia pitches $2.5tn mining sector potential to Canadian firms

Canadian companies have been presented with exploration opportunities in Saudi Arabia’s mining sector during a roundtable in Vancouver. Officials from the Kingdom’s Ministry of Industry...

Najran’s SAR227 Billion Mineral Wealth Highlighted at Investment Forum

Assistant Minister of Industry and Mineral Resources for Planning and Development Abdullah Alahmari said the estimated value of untapped mineral wealth in Najran Region...

Inside Riyadh’s Insane Fintech Boom: $412M Spent—Is a Correction Coming Next?

Riyadh has emerged as a powerhouse in MENA’s fintech race. In H1 2025, Saudi Arabia led the region in VC inflows, especially into fintech, cementing...

SIC, Investindustrial forge alliance to drive Saudi industrial expansion


Deal aims to catalyze new industrial investments in the Kingdom RIYADH: SIDF Investment Co., the financial arm of the Saudi Industrial Development Fund, has entered...

Saudi inflation holds steady at 2.2% in May  

CPI remained stable in May 2025, recording 0.1% increase Broader inflation picture reinforced by wholesale price data, which showed 2% year-on-year increase RIYADH: Saudi Arabia’s annual consumer inflation...

Saudi commercial bank profits jump 16% in April, topping $2bn before zakat, tax

Year-to-date earnings reached SR32.97 billion, an annual rise of 20% Banks getting balance sheets ready for next investment wave RIYADH: Saudi Arabia’s banking sector extended its...

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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)...