Saudi Arabia’s hospitality industry is evolving, marked by new leadership and luxury openings. JW Marriott Riyadh appointed Saadat Guliyeva as assistant director of marketing, bringing over a decade ...

RIYADH — The liquidity levels or available money in the Saudi economy recorded an annual growth of SR236.129 billion, reaching SR2.921 trillion by the end of 2024, compared to SR2.685 trillion in 2023 ...

The Saudi private sector registered a growth rate estimated at nearly 2.4 percent in 1999, reported the Saudi Press Agency (SPA), quoting a report as saying. The council of Saudi chambers of ...

Riyadh Air plans to commence commercial operations this year, targeting significant growth in India, a key market. The airline, led by CEO Tony Douglas, is exploring partnerships with Air India and ...

Saudi Arabia is targeting annual passenger growth to 330 million and plans to expand air connectivity to more than 250 destinations worldwide. Wizz has 47 A321XLRs on order and the extended range ...

As Saudi Arabia expands its digital economy and local manufacturing of electronic goods, the demand for specialized plastics in this sector is expected to rise. Growth in injection molding technology, ...

Most banks in Saudi Arabia expect low double-digit to mid-teens growth in 2025, driven by corporate and mortgage lending, according to Al Rajhi Capital. Banks believe that their net interest margin ...

Net income at banks in Saudi Arabia improved to SR21.5bn ($5.7bn) in Q4 2024, compared to SR20bn ($5.3bn) in Q3 24, as interest rate cuts helped boost net interest margins (NIMs), Fitch Ratings said.