
Saudi Arabia Boosts Oil Exports from Red Sea Ports as Hormuz Disrupts Oil Shipments
Saudi Arabia has boosted oil exports from its Red Sea ports as tensions involving Iran disrupt shipments through the Strait of Hormuz.
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Saudi Arabia has boosted oil exports from its Red Sea ports as tensions involving Iran disrupt shipments through the Strait of Hormuz.

Saudi Arabia’s first homegrown fintech unicorn, Tamara has received a restricted finance licence from the UAE’s Central Bank to operate in the country.

Ezbank is designed for youth and entrepreneurs and will offer secure and inclusive financial services through mobile first and AI driven platforms.

The Saudi Central Bank has approved the use of “Visitor ID” to open bank accounts in Saudi Arabia.

Saudi Arabia’s Public Investment Fund grew by 19% to reach staggering $913 billion in assets in 2024, according to its latest report.

Bechtel, a US based construction firm, has won the role of Project Management Consultant, PMC, for the Expo 2030 Riyadh, Saudi Arabia.

Saudi Arabia has launched a new campaign with tax exemptions, visa support, and simplified rules to attract investors to Special Economic Zones.

Saudi Arabia’s space economy reached a staggering $8.7 billion in 2024 due to investments in space technology, infrastructure, and talent.

Saudi Arabia and TKO Group Holdings which owns the UFC and WWE wrestling have joined forces to launch a new boxing promotion to take to take on global boxing.

Saudi Arabia’s non oil exports increased by 18.1% to $136.2 billion in December 2024 as compared to the previous year.
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