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February 19, 2025
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Saudi Arabia

Explore the latest from Saudi Arabia on MENews247. Stay informed on political developments, economic trends, and cultural insights in the Kingdom.

From Riyadh’s policy shifts to Jeddah’s cultural festivals, get your 24/7 update on everything happening in Saudi Arabia. Your source for comprehensive news and analyses on Saudi Arabian affairs.

Saudi Is A 'bright Spot' For Global Economy,_ Says Panel Of Financial Experts And Saudi Ministers
NEWS DESK GCC Saudi Arabia

“Saudi Is A ‘bright Spot’ For Global Economy,” Says Panel Of Financial Experts And Saudi Ministers

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Saudi ministers and a panel of finance experts said at the World Economic Forum in Davos that their country is a “bright spot” for a global economy facing a slowdown this year. Finance Minister Mohammed Al-Jadaan claimed that the Kingdom had anticipated the trend of global inflation earlier than other countries. He mentioned that the Saudi government
Saudi Arabia's Bid For Expo 2030 Represents _An Investment In The Future Of Saudi's Citizens, Residents, And Guests,_ RCRC Chief Tells Davos
NEWS DESK GCC Saudi Arabia

Saudi Arabia’s Bid For Expo 2030 Represents “An Investment In The Future Of Saudi’s Citizens, Residents, And Guests,” RCRC Chief Tells Davos

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Saudi Arabia’s bid for Expo 2030 was, according to Fahd Al-Rasheed, the head of the Royal Commission for Riyadh City, an investment in the future of the city’s citizens, residents, and visitors. Saudi’s Vision For Expo 2030 The future of the Expo 2030 site and its significance to the community is on their minds, he said. It’s […]
NEWS DESK GCC Saudi Arabia

GE HealthCare equips My Clinic Riyadh

Dubai, UAE; 1st February 2023: GE HealthCare, a leading global medical technology and digital solutions innovator, today signed an agreement with Saudi Arabia’s My Clinic, one of the largest outpatient providers in the Kingdom, to equip its upcoming facility in Riyadh with a suite of advanced precision diagnostic and imaging solutions. Fehr Nazer the
Business GCC Saudi Arabia

SAL Saudi Logistics Services and Menzies Aviation sign MoU to collaboratively deliver world-class passenger handling services for Low-cost carriers at Saudi airports

London, United Kingdom — SAL Saudi Logistics Services and Menzies Aviation have signed a Memorandum of Understanding to develop a comprehensive study on delivering best in class passenger handling services for Low-cost carriers at Saudi Arabia airports. Under the MoU, Menzies Aviation and SAL Saudi Logistics Services will work together to explore the potential of […]
Business GCC Saudi Arabia

Techstars, MCIT, RAED Ventures and Saudi National Bank Announce the Continuation of The Riyadh Techstars Accelerator

BOULDER, Colo. — Techstars, one of the largest pre-seed investors in the world, in collaboration with the Ministry of Communications and Information Technology of the Kingdom of Saudi Arabia (MCIT), RAED Ventures and Saudi National Bank (SNB) today announce a new partnership to continue The Riyadh Techstars Accelerator. As a part of Saudi Arabia’s emerging
Saudi Arabia, The UAE, And Qatar Gain A Cultural Advantage Through Significant Investments In The Creative Economy
Business GCC Qatar Saudi Arabia UAE

Saudi Arabia, The UAE, And Qatar Gain A Cultural Advantage Through Significant Investments In The Creative Economy

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Undeniably, there was a rush in 2022 to make up for the disastrous effect the pandemic had on tourism, entertainment, and concert attendance in 2021 because of lockdowns. As the rest of the world’s economy struggles to recover from the global pandemic caused by the conflict in Ukraine, the energy-exporting countries of the Persian Gulf, […]
Business GCC Saudi Arabia

Saudi reaffirms commitment to bridging global divides, driving energy transition, inclusive economic growth at WEF23

Riyadh, Saudi Arabia — Saudi Arabia reiterated its commitment to build bridges across geopolitical and economic divides at the World Economic Forum (WEF) 2023 Annual Meeting in Davos, Switzerland last week. His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs, led the Saudi delegation of nine ministers and high-level officials, and told […]
Business GCC Saudi Arabia

Saudi German Health hosts second Investor Day

January 24, 2023 – Saudi German Health (SGH) recently hosted its second Investor Day, at the Group’s flagship Riyadh hospital, SGH Riyadh. The event brought together the Group’s different stakeholders and was attended by the Group’s Chairman, Eng. Sobhi Batterejee, President, Mr. Makarem Batterjee, and the entire executive management team. The event included a site […]
Business GCC Saudi Arabia

Saudi delegation highlights Kingdom’s evolving global growth story at World Economic Forum

Davos-Switzerland — Saudi Arabia’s smart city NEOM offers a new model for environmentally-friendly and sustainable urban design, both for the Kingdom and the world, Saudi’s Climate Envoy told the World Economic Forum (WEF) today. During a panel session titled ‘The Evolution of Urban Life’, His Excellency Adel bin Ahmed Al-Jubeir, Minister of State for Foreign […]
Business GCC Saudi Arabia

Saudi’s Ministry of Economy and Planning joins forces with UpLink to address food insecurity in arid climates

Davos, Switzerland — Saudi Arabia’s Ministry of Economy and Planning (MEP) in collaboration with UpLink today launched an innovation challenge designed to crowdsource transformative solutions to enhance food security in countries impacted by low rainfall, drought, and desertification. MEP and UpLink, the World Economic Forum’s (WEF) open innovation platform, made the
This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy
Business GCC Saudi Arabia

This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy

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India is projected to lose its status as the world’s fastest-growing major economy this year. The Indian Ministry of Statistics and Program Implementation projects that Saudi Arabia’s GDP will develop at a quicker pace than India’s, at 7.6 percent per year, thanks to the continued boost provided by increased earnings from higher energy prices. With growth
Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan
Business GCC Saudi Arabia

Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan

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Following the announcement of plans to form a joint technology house, Saudi startups at Pakistan’s largest tech conference are looking toward future collaboration with the South Asian nation. About 50,000 people, including representatives from 500 companies and 200 exhibitors from more than thirty countries (including a delegation from Saudi Arabia), attended Future
Business GCC Saudi Arabia

Simone Inzaghi: “Thank you Saudi Arabia for hosting the Italian Super Cup match”… Stefano Pioli: “We must work better to raise the bar”

Riyadh, Saudi Arabia — A press conference was held after the Italian Super Cup last night, between AC Milan and Inter Milan, staged at King Fahd Stadium in Riyadh at 10:00pm (local time), brought by Saudi Ministry of Sport as part of the sporting events in Diriyah’s 2nd Season. Inter Milan coach Simone Inzaghi thanked […]
Business GCC Saudi Arabia

Saudi Arabia is creating a global model for economic resilience and collaboration

Davos-Switzerland. — The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos. The session, titled “Saudi Arabia’s Transformation in a Changing Global Context”, featured four speakers from the

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