The wealth fund will hold a 75 per cent shareholding in the company, while the SEC will own the remaining 25 per cent stake
Saudi startup Munjz takes on the mantle of digitalising the facilities management industry in the kingdom as it races to compete in the built industry on a global scale
The airline will launch services to AlUla and Tabuk, and resume flights to Yanbu
Jisr, founded in 2016, caters to 16 sectors and operates from its offices in Riyadh and Hadhramaut
The cards, the first of their kind in the kingdom, include a cashback credit card and prepaid card without annual fees
It has received a total of 11 A320 neo aircraft this year, with eight more expected to arrive before the end of 2023
The kingdom has qualified for the iconic tournament on six occasions since 1994 – most recently in 2022
Saudi Arabia, Russia will continue with their respective production cuts in a bid to “balance the global oil market”
The annual pilgrimage to the holiest city in Islam takes place during the Islamic calendar month of Dhu Al Hijja which is expected to fall in June next year
Saudi Arabia aims to attract three million Chinese travellers by 2030
The company will follow leading urban planning and environmental sustainability standards to preserve the area’s unique heritage
The new colours hold deep symbolism representing the authenticity of the Saudi identity
The largest Arab economy expects real gross domestic product to grow by 0.03 per cent this year
The unemployment rate for female citizens fell to 15.7 per cent, from 19.3 per cent a year ago
The energy firm has the option to increase its shareholding and associated rights in the future
InterContinental Durrat Al Riyadh Resort and Spa recently underwent a SAR45 million refurbishment
The flights to Toronto Pearson International Airport will commence operations on December 2
The new facility will assemble Lucid Airs, with an initial capacity to produce 5,000 units a year
The offering marks EFG Hermes’ fifth IPO this year and is the latest in a series of transactions the investment bank has advised on in the GCC region
The masterplan is designed to offer unparalleled living experience while safeguarding the region’s ecological and cultural treasures
The logistics firm set the price range at SAR98 and SAR106 per share, implying a market capitalisation on listing of as much as SAR8.5bn
It will include Saudi Arabia’s first W Hotel and a JW Marriott property too
The influx of new hospitality and tourism-related projects in the region is fostering new trends that add value and efficiency
According to the IMF, the Saudi economy was the fastest growing among the Group of Twenty (G20) member states in 2022
Saudi National Day, celebrated annually on September 23, marks the unification of the kingdom
The video released by his football club features Cristiano Ronaldo and his teammates taking part in the national celebrations
Saudi National Day is celebrated to mark the unification of Hejaz and Najd into one unified kingdom
The summit was convened by the UN secretary-general Antonio Guterres, and was attended by world leaders, the private sector and civil society
The airport, assigned the code RSI, witnessed the arrival of its first flight by Saudia Airlines.
The interview conducted by TV host Bret Baier touched upon a range of international issues