Tag: Saudi Arabia

Saudi Arabia signs deals worth more than $300 billion with US, crown prince confirms

Trump described crown prince as “very great man like no other” and “greatest representative of his people” Prince Mohammed said Kingdom looking at $600bn of investment...

IHG to introduce 15,000 additional keys in Saudi Arabia by 2030: top official

RIYADH: UK multinational hospitality giant IHG Hotels and Resorts is planning to add an additional 15,000 rooms in Saudi Arabia, as it eyes opening...

Saudi Arabia, Qatar to clear Syria’s $15m World Bank debt

RIYADH: Saudi Arabia and Qatar have agreed to jointly pay approximately $15 million to settle Syria’s arrears to the World Bank, a move set...

Saudi Arabia proposes lower bank guarantee requirements for finance licenses 

RIYADH: Saudi Arabia is considering steps to lower the bank guarantee requirements for financial companies seeking licenses, part of efforts to bolster the Kingdom’s financial sector.  In...

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore 

RIYADH: Saudi Arabia has overtaken Singapore as the premier destination for venture capital funds across emerging markets after it secured $391 million in the...

Saudi Arabia to drive Islamic finance growth in 2025, S&P says 

RIYADH: Saudi Arabia is poised to play a key role in propelling the growth of the global Islamic finance industry in 2025, underpinned by...

Saudi Arabia raises $990m through April sukuk issuance

RIYADH: Saudi Arabia’s National Debt Management Center raised SR3.71 billion ($990 million) through its riyal-denominated sukuk issuance for April, reflecting a 40.5 percent increase...

Saudi Arabia leads GCC fixed income issuances in Q1: Markaz report 

RIYADH: Saudi Arabia dominated the Gulf’s primary debt market in the first quarter of 2025, raising $31.01 billion through 41 bond and sukuk issuances,...

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