Startup Wrap: As MENA Activity Picks Up, Cross-Border Finance and Acquisitions Thrive
In recent weeks, there have been a lot of acquisitions and funding rounds related to regional startup activity; the most talked-about...
Saudi Arabia’s House Ownership Rate Surpasses 63% and Approaches the Vision 2030 Goal
According to a recent estimate, the proportion of Saudi households with a home by the end of 2023 was 63.74 percent, up 16.7 percent from...
How AI is Being Used by a Saudi Startup to Increase Solar Energy’s Efficiency and Uptake
An increasing number of people are choosing to use solar photovoltaic systems instead of conventional energy sources to power their homes...
Suez Canal’s Earnings Declines as Some Tankers Avoid the Red Sea
In the most recent fiscal year, the Suez Canal’s yearly revenue decreased by over 25% as some merchants chose to use other routes to...
Watchdog Chief Reports that Saudi Property Transactions have Increased by 17% as a Result of the Real Estate Brokerage Law
According to a senior official, new safeguards in the real estate sector of Saudi Arabia contributed to a 17 percent increase in...
Saudi Aramco has Finished Issuing $6 Billion Worth of Foreign Bonds
After a three-year break, the state oil company Saudi Aramco has returned to the debt market with the completion of the offering of an...
CEO: Saudi Arabia’s Tharwah will Increase its Reach with $13 Million from the Nomu Offering
Tharwah, a Saudi human resources company, intends to fund its expansion plans with the expected SR50 million ($13 million) raised from its...
Lilium Signs Agreement to Provide Saudi with Electric Vertical Takeoff and Landing Aircraft
With a ground-breaking agreement to sell up to 100 electric vertical take-off and landing jets to Saudia, the Kingdom’s first...
Saudi Arabia Demands a UN Security Council Resolution to Force Israel to Put an End to the Fighting and Gazans’ “Starvation”
Abdulaziz Alwasil, the permanent representative of Saudi Arabia to the UN, urged the UN Security Council to approve a resolution on...
The Mayor of Al-Baha Declares the “Theatrical Nights” Program to Begin
According to the Saudi Press Agency, the mayor of the Al-Baha region, Ali Al-Sawat, declared that the “Al-Baha Theatrical...
