Aquarabia, in Qiddiya City, will feature 22 rides and the developers aim to break four world-records, including constructing the world’s tallest water coaster
The oil major reported a 14 per cent decline in first-quarter net income to $27.3bn in the three months to March 31
The expansion increases the number of routes between Saudi Arabia and the UAE to nine, and daily flight frequencies to more than 20
Maersk’s fuel costs on the affected routes between Asia and Europe are now 40 per cent higher per journey
The company said it expects capital expenditure of $1.5bn this year, compared with $910.6m in 2023
The partnership seeks to implement and activate joint initiatives to advance research, deliver innovation and enhance the visitor experience
The fintech firm is offering 5.3 million new shares and 17.4 million existing shares to investors – equivalent to 30 per cent of the company’s paid-up capital
Oil revenues reached SAR181.9bn, while total revenues were SAR293.4bn as non-oil revenues edged higher, although oil still dominates
Power cuts are hurting Egypt’s small businesses that play a crucial role in an economy where growth has slowed
Saudi Arabia raised the official selling prices (OSPs) for its crude sold to Asia, Northwest Europe and the Mediterranean in June
The move by Reliance comes as India, the world’s third-biggest oil importer and consumer, is looking to diversify its oil supplies
Oil inventories and prices close to the long-term average imply ministers are likely to decide to keep output unchanged, based on their behaviour in the past
The hospital group is offering 49.8 million shares, equivalent to 21.47 per cent of the company’s total issued share capital
Vale and Manara Minerals is a joint venture between Saudi Arabian Mining Company, Ma’aden, and Saudi Arabia’s Public Investment Fund
The statistics authority estimated that oil activities plunged by 10.6 per cent in the first quarter compared to the same period a year ago
Recent survey results show a direct link between English language skills and higher salaries in the kingdom
Saudi Arabia’s General Directorate of Civil Defence said that most parts of the kingdom will experience moderate-to-torrential thundershowers this week
The investment platform seeks to accelerate the growth of capital markets in Saudi Arabia
John Pagano tells Gulf Business how “nature and the environment”, the most valuable assets on the company’s balance sheet, differentiate RSG from other destinations
flynas disclosed its financial performance this month, boasting a 32 per cent revenue surge to SAR6.3bn ($1.68bn), in 2023
Blinken is expected to meet with senior Saudi leaders and hold a wider meeting with counterparts from five Arab states – Qatar, Egypt, Saudi Arabia, the UAE and Jordan
The facility will support NEOM’s short-term financing requirements as it advances the development of major projects such as THE LINE
Saudi Arabia is accelerating efforts to diversify its economy away from oil under a plan known as Vision 2030
The increase was more pronounced in midscale, upscale and economy hotels in the Middle East, Africa and Asia-Pacific regions
The tensions in the region have led to a sharp drop in commercial vessel voyages through the Red Sea and Gulf of Aden
Meituan is hiring under KeeTa, the brand name it uses for food delivery operations in Hong Kong
The four-year deal will see Aramco become a worldwide partner of FIFA, including in major tournaments such as the World Cup 2026
Under the new arrangement, nationals of Saudi Arabia, Oman, and Bahrain will be eligible for five-year multiple-entry Schengen visas
Ritz-Carlton Reserve has only six properties in destinations including Thailand, Indonesia, Puerto Rico, and Mexico
A development cost of $37.8bn is expected by 2030 toward infrastructure, tourism transformation and real estate, according to industry data released ahead of the Future Hospitality Summit Saudi Arabia