Saudi Arabia


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

Saudi PIF-backed SURJ Sports Investment acquires Minority Stake In DAZN

Sports and Eneterainment - Published date: .

The partnership aims to strengthen Saudi Arabia as a leading market for sports investments, while capitalising on the s... Read more

Saudi Arabia 2034 World Cup: Plenty Of Fun Can Be Had Without Alcohol, Saudi Ambassador To UK Says

Sports and Eneterainment - Published date: .

Prince Khalid bin Bandar Al Saud said visitors must respect Saudi Arabia's culture, stating that currently alcohol is p... Read more

Saudi PIF In Talks For $3.1bn Loan Guarantee Deal With Italian SACE: Report

Middle East Business News - Published date: .

The talks with SACE follow Italian Prime Minister Giorgia Meloni’s visit to Saudi Arabia, where agreements worth $10... Read more

Saudi Arabias Expat Remittances Hit $38.4bn In 2024, Highest Since 2022

Middle East Business News - Published date: .

The increase was reportedly mainly due to the growth in employment rates and the improvement of wages in some sectors Read more

Saudis Derayah Financial Secures Olayan Saudi As Cornerstone Investor For Tadawul IPO

Middle East Business News - Published date: .

Olayan Saudi is an investment arm of the kingdom’s Olayan Financing Company Read more

Riyadh Air Becomes The Official Partner Of LIV Golf League

Sports and Eneterainment - Published date: .

Saudi Arabia’s new national airline signs a multi-year deal with the global league that guarantees prominent branding... Read more

Gulf Sovereign Wealth Funds Drive $36bn+ Mega-deal Boom As UAE, Saudi Buck Global M&A Slowdown

Middle East Business News - Published date: .

Saudi Arabia's PIF and UAE sovereign funds, including Mubadala and ADIA, have been central to this growth Read more