Saudi Arabia


ACWA Power Secures $200mn Loan For Its New HQ In Riyadh

Middle East Business News - Published date: .

The new sustainable building will meet the highest standards of green building and incorporate various Net Zero require... Read more

Saudi Insurance Authority Proposes Expanded Coverage For Vehicle Lessees, Drivers In Draft Law Amendments: Report

Middle East Business News - Published date: .

The proposed draft aims to protect the rights of the insured and further improve the vehicle insurance sector Read more

Goldman Sachs Alternatives Acquires Majority Stake In UAE HR Firm PeopleStrong

Middle East Business News - Published date: .

The acquisition underscores the company’s ambitious growth strategy in the GCC region Read more

F1 Saudi Arabian Grand Prix 2025 Returns To Jeddah: Dates, Record-breaking Speeds, Concert Lineup

Sports and Eneterainment - Published date: .

The race is slated to be held on April 18-20 Read more

Middle East Sports Market To Grow 8.7%, Outpacing Global Average: PwC Report

Sports and Eneterainment - Published date: .

The sports sector in the Middle East is undergoing rapid transformation, fueled by strategic investments, innovation, s... Read more

Telr Expands Saudi Presence Through Strategic Partnership With Saudi Awwal Bank

Middle East Business News - Published date: .

The partnership will provide merchants with access to a comprehensive suite of payment solutions Read more

Pakistans Haball Secures $52mn Pre-Series A Funding Round, Eyes Saudi Arabia Expansion

Middle East Business News - Published date: .

The Sharia-compliant fintech Haball is exploring additional market entries across the Middle East, including the UAE an... Read more

Bupa Arabia Launches Saudi Arabias First No-pre-approval Health Insurance Model

Middle East Business News - Published date: .

The company also announced plans to significantly expand the ‘no-pre-approvals network’ in 2025, with the addition ... Read more

GCC Royal Private Offices Manage Close To $500 Billion In Assets: Report

Middle East Business News - Published date: .

Sovereign wealth fund tracker Global SWF has identified 35 RPOs in the GCC, with the UAE home to a vast majority of the... Read more

Formula 1: Saudi Arabia Declares School Holiday For Jeddah Grand Prix 2025

Sports and Eneterainment - Published date: .

The Jeddah Corniche Circuit, known as the world's fastest street circuit, will hold the race from April 18 to 20 Read more

Hassana Acquires 40% Stake In Saudi Bottled Water Giant Berain

Middle East Business News - Published date: .

The strategic transaction marks the beginning of a long-term partnership between Rajhi-Invest and Hassana Read more

Saudi Arabias Gulf Islamic Investments Aims To Double $750mn US Portfolio In Four Years

Middle East Business News - Published date: .

The company's expansion aims to focus on new investments in the US logistics, education, and food production and proces... Read more

Checkout.com, Tabby In Partnership To Boost BNPL Adoption For Merchants In UAE, Saudi Arabia

Middle East Business News - Published date: .

As part of the agreement, Checkout.com has already integrated Tabby’s innovative Buy Now, Pay Later (BNPL) solutions ... Read more

Saudi Bank Credit Crosses SAR3 Trillion In January 2025

Middle East Business News - Published date: .

On a monthly basis, Saudi bank credit recorded a 2 percent increase, rising by SAR50,395 million from December 2024 Read more

PIF And Goldman Sachs Team Up To Bring Major Investments To Saudi Arabia

Middle East Business News - Published date: .

Saudi Arabia’s PIF and Goldman Sachs Asset Management sign deal to bring private credit and public equity investments... Read more

Saudi Real Estate Refinance Company Secures $906mn Mortgage Portfolio Deal With Saudi National Bank

Middle East Business News - Published date: .

The deal marks one of the largest mortgage refinancing transactions in Saudi Arabia Read more

Saudi Central Bank Bans WhatsApp For Customer Communications

Middle East Business News - Published date: .

Financial institutions in Saudi Arabia have been instructed to implement alternative secure channels Read more

Saudi Arabia Announces New Rules For Use Of Riyal Symbol

Middle East Business News - Published date: .

According to SAMA guidelines, the symbol must be positioned to the left of numerical values with a space between them Read more

Olam Group Sells 44.6% Stake In Agribusiness To Saudi Arabias SALIC For $1.8bn

Middle East Business News - Published date: .

Post-stake acquisition, SALIC will hold an 80 per cent controlling stake in the business Read more

F1: Mercedes-AMG Announces First-ever Performance Centre In Saudi Arabia

Sports and Eneterainment - Published date: .

The Mercedes AMG World of Performance will span 45,000 square metres across nine floors, with completion expected withi... Read more