Business
Fitch opens new Riyadh headquarters as Saudi expands financial horizons
Fitch Group, the credit rating agency, has established its new regional headquarters in Riyadh, supported by MISA, aligning with Saudi Arabia’s Vision 2030 to enhance financial growth in the Middle East.
Economy
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.
Business
Saudi wealth fund cashes in $1 billion with STC stake sale
Saudi Arabia’s PIF raises $1 billion by selling a 2% stake in STC, aligning with Vision 2030’s diversification goals.
Business
Saudi firm launches “Heart of Khobar” smart city project
Saudi Arabia’s Tilal Real Estates unveils the 'Heart of Khobar,' a $1.6 billion smart city project to drive investment and elevate urban living standards in the Eastern Province.
Business
Savola reshapes capital, hands Almarai stake to shareholders
Savola Group’s capital overhaul sees it distribute its Almarai stake, boosting shareholder value while restructuring finances for growth.
Business
Armah Sports boosts Saudi fitness scene with $47mn in new funding for expansion
Armah Sports secures a Sharia-compliant loan to expand fitness clubs across Saudi Arabia, enhancing the Kingdom’s wellness landscape and saving on finance costs.
Lifestyle
Saudi art dazzles Rio with ‘Art of the Kingdom’ global debut
Saudi Arabia’s “Art of the Kingdom” exhibition debuts in Rio, showcasing contemporary Saudi artists and cultural heritage on a global tour.
Business
Sotheby’s promises luxury, heritage at Saudi’s first-ever international auction
Sotheby’s launches Saudi Arabia’s first-ever international auction, merging luxury, heritage, and art in Diriyah’s historic setting.
