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Explore key developments across Saudi Arabia’s business landscape, from private sector growth and SME trends to entrepreneurship, market reforms, and Vision 2030-driven transformation. Stay updated on how local and international businesses are reshaping the Kingdom’s economy.
Riyadh, Saudi Arabia — Saudi Arabia has officially enacted a landmark law permitting foreign property ownership in Saudi Arabia under…
Riyadh, Saudi Arabia — Saudi non‑oil exports rose 6% year‑on‑year in May 2025, reaching SAR 31.12 billion, even as oil shipments fell…
Riyadh, Saudi Arabia — Cenomi shares surge 6% after UAE-based Al-Futtaim Retail confirmed its acquisition of a 49.95% stake. The…
Riyadh, Saudi Arabia — Al‑Futtaim Retail has agreed to acquire a 49.95% stake in Cenomi Retail for SAR 2.522 billion, according to…
Riyadh, Saudi Arabia — The Helicopter Company (THC), owned by the Public Investment Fund and the Kingdom’s top provider of…
Riyadh, Saudi Arabia — Saudi Arabia solidified its MENA venture capital lead with SAR 3.2 billion ($860 million) invested in…
Business
Riyadh, Saudi Arabia — The Saudi Central Bank (SAMA) reported 223,571,000 point-of-sale (POS) transactions from July 6 to July 12,…
Business
Riyadh, Saudi Arabia — In a major regulatory development, individual investors residing in Gulf Cooperation Council (GCC) countries can now…
Riyadh, Saudi Arabia — Saudi Company for Tools and Hardware (SACO) has sold its warehouse in Riyadh’s Al-Mashael District for…
Riyadh, Saudi Arabia — Saudi Arabia’s annual inflation rate reached 2.3% in June 2025, driven primarily by a sustained increase…