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COMMERCIAL NEWS

FDI inflow to Saudi Arabia jumps 16% to $3.47bn in Q4 2023

Mar 28, 2024 6:50 PM

The net flow of Foreign Direct Investment (FDI) into Saudi Arabia amounted to over SAR13 billion ( 3.47 billion) in Q4 of 2024 an increase of 16% from SAR11 billion in Q3 of the same year. Total FDI into...

MORE COMMERCIAL NEWS

Fortinet launches a new appliance that combines 5G with AI Feb 19, 2024 9:56 AM

Fortinet a global cybersecurity leader has launched a new compact...

Saudi non-oil export to Africa tops $34bn in 5 years Feb 11, 2024 8:00 AM

Amid global economic growth and expanding international co-operation...

Almarai wins the Corporate Bond Deal of the Year Award Feb 8, 2024 4:18 PM

Almarai has won the Corporate Bond Deal of the Year Award for its...

Array, ALUPCO® announce strategic partnership in Middle East Feb 8, 2024 9:36 AM

Array Technologies (Array) a global leader in utility-scale solar...

Avalon IPO retail offer nets $712.1m; oversubscribed 54.3 times Feb 7, 2024 1:07 PM

Middle East Pharmaceutical Industries Company s (Avalon Pharma)...

Rothschild & Co boosts Mideast presence with new Riyadh office Feb 18, 2024 4:47 PM

Rothschild & Company one of the world s largest independent financial...

Saudi Tadawul signs cooperation deal with Bahrain Bourse Feb 8, 2024 5:46 PM

Saudi Tadawul Group and Bahrain Bourse have announced a landmark...

Saudi Electricity raises $2.2bn from new sukuk offering Feb 8, 2024 10:33 AM

Saudi Electricity Company (SEC) has announced the successful completion...

Array, ALUPCO® announce strategic partnership in Middle East Feb 8, 2024 9:36 AM

Array Technologies (Array) a global leader in utility-scale solar...

Savola to distribute stake in Almarai to shareholders Feb 7, 2024 8:44 AM

Savola Group has announced its intention to distribute its entire...

Saudi economy targeted to reach $1.7 trillion: Al-Falih Feb 6, 2024 6:55 PM

Saudi Arabia s economy is expected to grow from SR2.6 trillion (...

Saudi Tadawul Group announces 3rd SCMF in Riyadh Jan 31, 2024 12:33 PM

The third Saudi Capital Market Forum (SCMF) will focus on market...

Saudi PIF completes pricing of $5bn international bond Jan 27, 2024 8:49 AM

Saudi sovereign wealth fund PIF (Public Investment Fund) said it...

GCC firms enter KSA to tap $3 trillion opportunities Feb 6, 2024 11:02 AM

Companies in the GCC countries are expanding in Saudi Arabia to...

Saudi Tourism launches new global marketing campaign with Messi Jan 27, 2024 6:41 PM

Saudi s national tourism brand Saudi Welcome To Arabia has kicked...

IBM inaugurates regional headquarters in Riyadh Jan 22, 2024 1:21 PM

IBM a leading provider of global hybrid cloud AI and consulting...

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