Saudi Arabia raises SAR 7.8 billion from a multi-tranche sukuk issuance, continuing its commitment to Islamic finance. The issuance spans five tranches with the largest maturing in 2039.
Saudi Arabia is in talks to acquire Qatari broadcaster BeIN Sports, marking a significant potential shift in Middle East sports media. The deal is in line with the Kingdom's growing investment in sports, both regionally and globally.
GCC IPOs raised $1.7 billion in Q3 2024, led by NMDC Energy in Abu Dhabi and several key offerings in Saudi Arabia. Q4 promises more activity with Lulu Hypermarket and Talabat set to list.
Riyadh Air, launched in 2023, is set to revolutionise Saudi Arabia's aviation industry with a tech-driven, sustainable approach and plans to connect Riyadh to over 100 global destinations by 2030, in accordance with the Government's Vision 2030 initative.
Padel has become a social and athletic sensation among both men and women in Saudi Arabia, with the sport booming thanks to Vision 2030 and the rise of community-driven clubs.
Saudi Arabia’s economy is set for steady growth, says the World Bank, with GDP projected to rise to 4.9% by 2025, supported by Vision 2030 reforms and increasing female labour participation.
Riyadh Fashion Week 2024 blends Saudi heritage with cutting-edge fashion, showcasing renowned designers and streetwear innovators. Global A-listers and fashion experts gather for a captivating five-day event from October 17 to 21.
The 2024 Esports World Cup, hosted in the futuristic city of Riyadh, is expected to attract tens of thousands of fans, professional players, and teams from all over the world.
