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The $827 million investment and development agreement marks a significant collaboration, strengthening Midad’s expanding Four Seasons portfolio and luxury development pipeline. Riyadh, Saudi Arabia, 7 January...
Jeddah: Saudia, the national flag carrier of Saudi Arabia, ranked second globally in on-time arrival performance for 2025, according to the independent aviation tracking site Cirium....
Saudi Aramco will introduce a new 98-octane gasoline grade to the Saudi market from early 2026, giving owners of sports and high-performance vehicles a fuel tailored to advanced...
Saudi Arabia’s Public Investment Fund (PIF) was the world’s most active sovereign wealth fund in 2025 by investment spending, deploying $36.2bn over the year, according to...
Several major banks operating in the UAE have begun notifying customers that they will stop sending one-time passwords (OTPs) via text message for online card purchases, as...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, met today at Zabeel Palace with a group of prominent...
Saudi Arabia’s digital economy continued to expand in 2024, accounting for 16.0% of the Kingdom’s gross domestic product (GDP), up from 15.6% in 2023, according to...
The National Debt Management Center (NDMC) announced the successful arrangement of a seven-year syndicated loan amounting to $13 billion, aimed at supporting power, water, and public...
Emirates consolidated its position in 2025 as the world’s largest international airline after carrying 55.6 million passengers across nearly 180,580 flights, covering distances equivalent to circling...
Saudi Arabia will introduce a new four-tier excise tax system on sweetened beverages from Jan. 1, replacing the current flat-rate levy with a model that links...
