Industrial cities in Saudi Arabia’s Qassim region hit 77% occupancy rate, official reveals
Saudi Arabia’s Deputy Minister of Industry and Mineral Resources for Industrial Affairs Khalil Ibrahim bin Salamah. Industrial cities in Saudi Arabia’s Qassim region are performing at occupancy rates of up to 77 percent, with 158 factories currently in operation, reflecting strong growth and a supportive business environment, according to a top official. During a meeting […]
Saudi CMA approves 3 parallel market listings in a single day
Three Saudi firms received regulatory approval to list on Nomu in a single day, underscoring growing investor appetite for the Kingdom’s bourses. Zahr Al Khuzama Aluminum, Sahat Almajd Trading, and Quality Education Co. were given the green light by the Capital Market Authority on June 18, marking a rare instance of multiple listings being cleared […]
Saudi Arabia ranks 17th globally in competitiveness index as it outshines economic heavyweights
Saudi Arabia has maintained its spot in the top 20 of the World Competitiveness Ranking, ahead of global heavyweights like the UK, Germany and France. The Kingdom secured 17th position on the list, driven by strong governance, infrastructure upgrades, diversification, and regulatory reforms. Issued by the International Institute for Management Development’s World Competitiveness Center, the […]
Saudi Arabia, France discuss $2.6bn aviation sector investment potential amid flurry of deals
Investment opportunities worth more than SR10 billion ($2.6 billion) were set out at a high-level Saudi-French meeting amid a flurry of deals aimed at strengthening the aviation sector. Airport infrastructure, air navigation, and advanced technologies were among the areas flagged up as available for investment during a roundtable held on the sidelines of the 55th Paris […]