PIF signs MoUs for up to .5 billion with the World Bank Group’s private sector arms IFC and MIGA Finance

PIF signs MoUs for up to $9.5 billion with the World Bank Group’s private sector arms IFC and MIGA

A $6 billion MoU between PIF and IFC focuses on exploring co-financing opportunities across eligible projects within PIF’s portfolio A $3.5 billion MoU between PIF and MIGA will facilitate investment opportunities that will drive economic development across Saudi Arabia and other regional markets PIF, together with the International Finance Corporation (IFC) and the Multilateral Investment […]

Saudi Arabia’s general POS transactions at .5bn, as freight, courier sector positive factors Business

Saudi Arabia’s general POS transactions at $3.5bn, as freight, courier sector positive factors

RIYADH: Saudi Arabia’s general point-of-sale transactions price reached SR13 billion ($3.5 billion) within the week finishing July 18, with freight delivery and courier products and services the only real gainer. Consistent with the most recent information from the Saudi Central Financial institution, this represented an 8.5 p.c decline from the former week, whilst the entire selection of […]

Saudi Arabia strengthens AI, house sector partnerships in China Technology

Saudi Arabia strengthens AI, house sector partnerships in China

BEIJING — The Minister of Communications and Knowledge Generation met with executive leaders and main generation firms in China to give a boost to partnerships in synthetic intelligence and the gap sector. Minister Abdullah Alswaha was once accompanied through Communications, House and Generation Fee (CST) Governor Haytham AlOhali and Saudi Ambassador to China Abdulrahman Alharbi […]

Swvl Expands its Carrier into Saudi Arabia’s Banking Sector with Financial institution Albilad, Bringing Generation-Pushed Trip Products and services that Redefine Personnel Mobility Finance

Swvl Expands its Carrier into Saudi Arabia’s Banking Sector with Financial institution Albilad, Bringing Generation-Pushed Trip Products and services that Redefine Personnel Mobility

DUBAI, United Arab Emirates, July 07, 2026 (GLOBE NEWSWIRE) — Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a number one supplier of technology-enabled mass mobility answers, lately introduced the signing of a brand new contract with Financial institution Albilad, some of the Kingdom of Saudi Arabia’s (“KSA”) main banks. Swvl’s carrier growth into […]

Saudi Arabia’s top rate eating sector turns to new financing fashions Finance

Saudi Arabia’s top rate eating sector turns to new financing fashions

Choice lenders, fintech platforms, and data-driven investment fashions are gaining traction Reem Walid RIYADH: Saudi Arabia’s impulsively increasing foodservice business is fueling call for for brand new financing fashions as Imaginative and prescient 2030 hurries up tourism and hospitality expansion. With eating place gross sales emerging about 7 % once a year, in keeping with […]

Leonardo indicators MoU within the Kingdom of Saudi Arabia to extend collaboration within the aerospace and defence sector Press Release

Leonardo indicators MoU within the Kingdom of Saudi Arabia to extend collaboration within the aerospace and defence sector

Within the framework of bilateral conferences between Italy and the Kingdom of Saudi Arabia held lately, the Ministry of Funding (MISA) of the Kingdom of Saudi Arabia, the Normal Authority for Army Industries (GAMI) of the Kingdom and Leonardo introduced the signing of a Memorandum of Working out (MoU) to talk about, broaden and assessment […]

Saudi Arabia Turns into First within the International to Host SAP Industry Community for Public Sector with Complete Information Sovereignty Compliance Press Release

Saudi Arabia Turns into First within the International to Host SAP Industry Community for Public Sector with Complete Information Sovereignty Compliance

Complete vary of SAP Industry Community answers to be hosted within the nation, offering corporations with get admission to to a platform that facilitates greater than USD 6.1 trillion in native and world industry every year. Riyadh, Saudi Arabia — 5 October 2025 — SAP these days introduced the deliberate public sector deployment of the […]