Browsing: Saudi Arabia

Saudi Arabia, at the forefront of advancing digital landscapes, is set to host the inaugural…

International Monetary Fund (IMF) anticipates a 5.5% growth in Saudi Arabia’s economy for the current year.

Shanghai and Dubai are the top three wealthiest cities in the recently expanded BRICS bloc, determined by the number of millionaires, centi-millionaires, and billionaires in each city.

Trade through the corridor connecting India with the Mena region and Turkey (Menat) is projected to increase by 50 per cent to $190B by 2030, driven by new investment opportunities, according to a report.

Saudi Arabia’s Public Investment Fund (PIF) has successfully concluded the pricing of a $5B Reg S international bond offering under its Euro Medium-Term Note Program, aligning with its strategy to consistently broaden its funding channels.

The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has revealed a new extended partnership with Electric 360, Formula E, Extreme E, and E1 to promote the development of the electric motorsport industry in the kingdom.

Oracle is set to expand its Dubai operations, part of a broader strategy to build more cloud infrastructure in the Middle East, aligning with the region’s digital transformation

Saudi Arabia plans to enhance and upgrade its airports and airlines, aiming to establish itself as a significant transport and logistics hub, according to the President of the General Authority of Civil Aviation (GACA), Abdulaziz Al Duailej.

Aramco has dedicated an additional $4B to its global venture capital arm, Aramco Ventures, more than doubling its total investment allocation from $3B to $7B.

Saudi Arabia has recently introduced new visa categories with the aim of attracting investors and skilled individuals globally. Within these categories, the Premium Residency initiative provides an opportunity for entrepreneurs to acquire long-term residency visas and enjoy various benefits while contributing to the kingdom’s development.