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BNY Mellon sees Middle East outpacing growth of its global business over next five yearsBNY Mellon, the US bank with more than $2.3 trillion of assets under management, expects...
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Saudi Arabia pledges 2060 target of net-zero emissionsOne of the world's largest oil producers, Saudi Arabia, announced Saturday it aims to reach...
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Saudi Arabia to turn huge oil rig into hotel and theme park resortA huge oil drilling platform in the Arabian Gulf will be transformed into an 800-room...
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Kerry says climate talks may miss targetCrucial U.N. climate talks next month are likely to fall short of the global target...
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Almarai third-quarter net income slips amid continued pandemic headwindsSaudi Arabia's Almarai, the Middle East's biggest dairy company, said net income for the third...
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An eco-friendly resort carved in the mountains is coming to Saudi Arabia's Red Sea ProjectThe first hotel to be announced for the Red Sea Project in western Saudi Arabia...
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Saudi Arabia to merge PIF-backed Red Sea tourism project developers to cut costsSaudi Arabia will merge two government-owned developers working on its Red Sea tourism project into...
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Saudi Arabia’s tourism fund signs deal to develop new project in Al BahaSaudi Arabia’s Tourism Development Fund (TDF) signed a financing agreement with travel company Seera Group...
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Eight countries that are off-limits to unvaccinated travellersAromantic trip to Paris is no longer an option for unvaccinated travellers from the US...
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Global sukuk issuance to reach $200bn this year, Moody's saysGlobal sukuk issuances in 2021 are likely to remain below the record levels achieved in...
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Saudi Arabia’s Solutions by STC plans to raise $966m through an IPOArabian Internet and Communications Services Company, also known as Solutions by STC, plans to raise...
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Business activity in Arab world's two biggest economies continues to improve in AugustBusiness activity in the non-oil private sectors of the Arab world’s two biggest economies continued...
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Super cruise liner hosts Saudi Arabia's first netball tournamentOne of the largest luxury cruise liners in Saudi Arabia has hosted the country’s first...
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Saudi Arabia unveils locally-made smart chip and new tech initiatives worth $1bnSaudi Arabia unveiled its first locally-made smart chip and announced a slew of new high-tech...
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Saudi Arabia creates 555,000 new jobs as it presses ahead with Vision 2030 planSaudi Arabia created 555,000 new jobs in the last four years as the kingdom looks...
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Covid-19 boosts digital payments adoption in Middle East, McKinsey saysMore than three quarters of Middle East respondents to a survey by global consultancy McKinsey...
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Saudi Arabia to unveil tech initiatives for programmers and entrepreneursSaudi Arabia will launch some of the region’s largest technology initiatives for programmers and entrepreneurs...
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Saudi Arabia's PIF boosts stake in US game maker ActivisionSaudi Arabia's sovereign wealth fund increased its stake in American video game maker Activision Blizzard,...
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Saudi Arabia's first wind farm begins generating electricitySaudi Arabia's first wind farm, the biggest in the Middle East, has started producing electricity...
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Saudi Arabian AI start-up Intelmatix secures funding from STV and Sultan HoldingsIntelmatix, a Riyadh-based artificial intelligence start-up, said on Tuesday it has closed a new funding...
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Saudi Arabia to reopen to vaccinated tourists after 17-month Covid closureSaudi Arabia announced Friday it would reopen its borders to fully vaccinated foreign tourists after...
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Saudi 100 Brands programme announces finalists for year-long mentorshipSaudi Arabia’s Fashion Commission announced on Monday the finalists of its Saudi 100 Brands programme...
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Winners of Saudi Arabia's Misk Art Grant announcedSaudi Arabia's Misk Art Institute has announced the winners of the 2021 Misk Art Grant,...
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Kuwaiti start-up Floward raises $27.5m in STV-led funding roundKuwaiti start-up Floward, an online florist and gift-delivery business, has raised $27.5 million in a...
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Saudi Arabia to build 1.2km bridge to Red Sea islandThe Red Sea Development Company, developer of the mega-tourism project on Saudi Arabia’s west coast,...