Saudi Arabia: Daily Business Update.

Hello Ready to explore Saudi Arabia this week by Analytix with the latest weekly news updates and business insights from Saudi Arabia Here we go From 30th September to 07th October 2024 New Tech Initiative unveiled to support Startups and drive digital growth RIYADH The Tech Talent Hub initiative was launched by Saudi Arabia s Ministry of Communications and hellip

RIYADH According to a report submitted by Moody s Saudi Arabia s non oil GDP is expected to grow between 5 5 5 from 2025 to 2027 a rise from 4 6 recorded in 2022 2023 The growth is in line with the objectives of Vision 2030 which wants to diversify the economy by focusing more on non oil revenue and reducing dependence on hellip

RIYADH nbsp The Global Cybersecurity Forum in Riyadh focused on how global collaboration is important to secure the digital future Saudi Information Technology Co 8217 s CEO Saad Al Aboodi said that the global systems being interconnected and the shift of physical assets to digital ones raises the significance of cybersecurity for modern societies He highlighted importance of knowing cybersecurity hellip

RIYADH More than 60 investors have come forward to invest over $3 billion in Saudi Arabia s King Salman Energy Park In 2018 Crown Prince Mohammed bin Salman established SPARK as a fully integrated industrial ecosystem in the eastern province It stands as a hub for the energy sector delivering solutions to companies across Saudi Arabia hellip

Saudi Minister visits US to strengthen industrial ties RIYADH Minister of Industry and Mineral Resources of Saudi Arabia Bandar Alkhorayef is visiting the United States with the aim to boost cooperation in industry and mining attract investment and explore opportunities in aviation and space He will visit New York California and Nevada ending his visit hellip

RIYADH Ajman s exports to Saudi Arabia rose by 29 in 2023 totalling 859 8 million dirhams $ 234 million with Saudi Arabia being the leading export destination with 14 of the total export value In the first half of 2024 exports totaling 397 6 million dirhams this strengthens commercial relations and economic relationships among the two regions hellip

RIYADH Cement sales in Saudi Arabia in Q2 2024 went up to 10 85 million tonnes with 95 sold domestically while the 5 exported Al Yamama Cement held 12 market share while Qassim Cement took the second position with 10 market share The cement market value reached $ 1 07 billion in 2023 with an average growth of hellip

Hello Ready to explore Saudi Arabia this week by Analytix with the latest weekly news updates and business insights from Saudi Arabia Here we go From 15th September to 22nd September 2024 Saudi Arabia s 94th National Day celebrated with breathtaking fireworks show RIYADH The 94th National Day of Saudi Arabia is being celebrated with firework displays organised by hellip

RIYADH In 2024 more than double investment licenses were given by Saudi Arabia to Egyptian firms showcasing the strong economic ties between the two countries Saudi Investment Minister Khalid Al Falih pointed out this during a meeting with Egyptian Prime Minister Mostafa Madbouly in Riyadh which was organised by Federation of Chambers The collaboration managed to create hellip

RIYADH AMAALA a project in Saudi Arabia being developed by Read Sea Global RSG has achieved great achievement with over 600 contracts amounting to $ 6 13 bn to global partners It is expected that the project will be ready to host its first guests by 2025 and the aim is to facilitate the development of luxury hellip

Hello Ready to explore Saudi Arabia this week by Analytix with the latest weekly news updates and business insights from Saudi Arabia Here we go From 1st September to 7th September 2024 Italy becomes Saudi Arabia s top choice for green energy supply to Europe RIYADH Saudi Arabia wants to make Italy a key partner in exporting green energy like hellip

RIYADH Saudi Arabia s automotive industry could receive a huge boost after a visit to East Asia by the Industry and Mineral Resources Minister Bandar Alkhorayef From September 1 to 8 Alkhorayef will tour China and Singapore to establish cooperation and investment partnership seek collaboration in industrial sectors The automotive market in Saudi Arabia is significant representing hellip

Hello Ready to explore Saudi Arabia this week by Analytix with the latest weekly news updates and business insights from Saudi Arabia Here we go From 26th August to 31st August 2024 Real Estate transaction in Saudi Arabia rise to 38 in H1 reaching $ 34 bn RIYADH The real estate market in Saudi Arabia rose to 38 in hellip

RIYADH Saudi Arabia and Poland have created a new joint business council for the term 2024 2028 to boost the commerce and investment between the two countries The Saudi Arabia General Authority for Foreign Trade GAFT has concluded the establishment of the Saudi Polish Business Council and appointed Abdullah bin Mohammed Abu Dubeil as chairman He will be hellip

RIYADH In the year 2023 Saudi Arabia s market size of cybersecurity increased by 10 8 reaching $ 3 55 billion SR 13 3 billion This increase is due to the focus of the Kingdom to improve cybersecurity in both public and private sectors Government spending accounted to SR 4 1 billion which is 31 of total expenditure with the private hellip