Saudi-based Walaa Cooperative Insurance Co. maintains ‘A-’ rating: S&P Global

Saudi Arabia’s Walaa Cooperative Insurance Co. maintained its “A-” long-term insurer financial strength rating by S&P Global, with a stable outlook. The New York-based credit rating agency also affirmed its […]
World leaders to attend Saudi Real Estate Future Forum 2025 for industry-shaping discussions

The Real Estate Future Forum is set to serve as a global hub for industry leaders, policymakers, and investors as Saudi Arabia transitions toward a diversified and innovation-driven economy. The […]
Saudi Arabia raises local workforce quotas across key sectors

Saudi professionals in dentistry, pharmacy, accounting, and technical engineering will soon see expanded job opportunities as the Kingdom rolls out new Saudization targets under its Vision 2030 plan. The HRSD, […]
Saudi Arabia’s non-oil GDP defying expectations, finance minister tells World Economic Forum

DAVOS: Saudi Arabia’s finance minister on Wednesday said that the recent International Monetary Fund downgrading of its growth projection for the Kingdom’s economy for the year ahead did not paint […]
Saudi Arabia’s non-oil exports surge 19.7%: GASTAT
Saudi Arabia’s non-oil exports surged 19.7 percent year on year in November to reach SR26.92 billion ($7.18 billion), bolstering the Kingdom’s efforts to diversify its economy. According to the General […]
Saudi agritech firm closes $2.55m in seed funding round

Saudi Arabia’s hydroponic farming sector is poised for a boost, as the Kingdom-based agritech startup Arable announces the successful closure of a $2.55 million seed funding round, led by undisclosed […]
Saudi Arabia’s FM announces landmark visit to Lebanon

DAVOS: Prince Faisal bin Farhan said on Tuesday in Davos he would visit Lebanon later this week, the first such trip by a Saudi foreign minister in more than a decade. […]
Saudi economy minister speaks on global growth, US economic policies, Vision 2030

Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim on Tuesday said the Kingdom would continue to assess shifting US economic policies as it eyes more integration to help protect […]
Saudi reserves at central bank grow to $450bn

Saudi Arabia’s reserves at the Kingdom’s central bank saw a 2.8 percent year-on-year rise to SR1.69 trillion ($450.31 billion) in November. These assets include monetary gold, foreign accounts, and special […]
Saudi Arabia qualifies 6 mining firms for Exploration Enablement Program

Saudi Arabia has chosen six local and international mining companies for its Exploration Enablement Program designed to boost investments and enhance the competitiveness of the sector. Royal Road, Ajlan and Bros Holding, […]