King Salman inaugarates new state-of-the-art six-line Riyadh Metro
Riyadh Metro redefines Saudi urban transport, connecting six lines across the city with state-of-the-art infrastructure and sustainable design.
Economy
Saudi Arabia to lauch third national airline, this time in Dammam
Saudi Arabia plans third airline in Dammam, expands logistics and public transport projects to strengthen Vision 2030’s connectivity goals.
Indian copper giant Vedanta invests $2bn in Saudi copper expansion
Vedanta, the Indian mineral resource giant, plans major investment in Saudi Arabia’s copper industry, advancing Vision 2030’s push for critical minerals and supply chain self-sufficiency.
Saudi Arabia targets revised 5% unemployment rate by 2030
Saudi Arabia targets five percent unemployment by 2030, surpassing earlier milestones and driving women’s workforce participation beyond Vision 2030 goals, while advancing localisation efforts in key industries.
Saudi leads Middle East investment banking race, bypassing UAE
Saudi Arabia and UAE compete for regional dominance in investment banking, with Saudi leading in IPOs and debt markets under Vision 2030, while UAE diversifies to sustain growth.
Riyadh Metro begins its journey into the future this week with 3 new lines
Riyadh Metro’s driverless network begins November 27, marking a milestone in Saudi Arabia’s urban transformation under Vision 2030; sustainability takes centre stage, with renewable energy powering operations.
UAE, Saudi lead $71bn M&A surge in MENA with focus on cross-border deals
UAE and Saudi Arabia lead MENA’s 2024 M&A surge, driven by cross-border deals and focus on digital, sustainable investments, with $71bn in transactions.
Citi boosts Saudi outlook as emerging markets face Trump headwinds
Citigroup highlights Saudi Arabia’s stability amid Trump’s policies, while emerging markets face headwinds, and South Korea and India experience downgraded outlooks due to trade and profit pressures.
Neymar champions Saudi bid for 2034 FIFA World Cup
Neymar backs Saudi Arabia’s 2034 World Cup bid, highlighting Saudi Arabia’s player-focused vision and dynamic youth football development.
GCC banks cut rates in sync with Fed
Banks across the GCC — including in Saudi Arabia, Qatar, Bahrain, and the UAE — have mirrored the US Federal Reserve's rate cut, with interest rate reductions aiming to bolster credit-driven growth in the Gulf.
