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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.

Infrastructure
Saudi Arabia Sustainability

EVIQ and Red Sea Global to boost Saudi Arabia’s EV infrastructure

Partnership targets new tourism destinations In a pivotal move to advance sustainable transportation across Saudi Arabia, EVIQ and Red Sea Global (RSG) have unveiled a strategic partnership to boost electric vehicle (EV) charging infrastructure at some of Saudi Arabia’s premier travel and tourism destinations. This strategic initiative is poised to accelerate EV adoption,
Permit
Saudi Arabia Space

Neo Space Group gets Saudi permit for EO service

Arnold Pinto
Potential boost for Saudi GDP Saudi Arabia’s Communications, Space and Technology Commission (CST) has granted Riyadh-headquartered Neo Space Group a permit to operate an Earth Observation (EO) platform service in the Arabian Gulf nation following an intensive bidding process conducted in April 20204 involving Saudi and regional space players. The move marks a significant
Partnership
Saudi Arabia

United States and Saudi Arabia sign space partnership

For space-related endeavours In a landmark development aimed at advancing mutual interests in space exploration and science, the United States and Saudi Arabia have signed a comprehensive framework agreement. The accord, titled the ‘Framework Agreement Between the Government of the United States of America and the Government of The Kingdom of Saudi Arabia on Cooperation
GCC
Bahrain GCC Kuwait Oman Qatar Saudi Arabia UAE

How GCC residents can apply for e-visa for 6 GCC countries

Complete guide to follow The six Gulf Cooperation Council (GCC) countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE)—offer GCC-based residents a unified tourist visa/permit to streamline visa processes and enhance regional travel. This is a comprehensive guide for GCC-based residents to navigate the e-visa processes for all six GCC
Ceer
Automotive Saudi Arabia

Ceer And Hyundai Transys In $2-Billion Deal For Electric Vehicle Drive Systems

Arnold Pinto
For Saudi Arabia’s Home Produced EVs Ceer, Saudi Arabia’s first and only electric vehicle (EV) brand and original equipment manufacturer (OEM), has signed a $2.19 billion (SAR 8.2 billion) agreement with South Korea’s Hyundai Transys for the supply of cutting-edge Electric Vehicle Drive Systems (EDS) by the year 2027. The strategic partnership between Ceer and […]
Neo Space
Saudi Arabia Space

Saudi Arabia Establishes Neo Space Group

Arnold Pinto
Targeting Satellite And Space Industries Saudi Arabia’s Public Investment Fund (PIF) sovereign wealth fund has announced the establishment of Neo Space Group (NSG), a wholly-owned subsidiary poised to elevate Saudi Arabia’s presence in the satellite and space sector. NSG will serve as a national champion, driving the advancement of commercial satellite operations
Saudia Group
Aviation Saudi Arabia

Saudia Group Orders 105 Airbus A320neo Aircraft

Arnold Pinto
To Meet Rising Passenger Demand Saudia Group, represented by Saudia and Flyadeal, has ordered 105 Airbus A320neo aircraft. The order, confirmed at the Future Aviation Forum in Riyadh, signifies a significant stride in the Arabian Gulf state’s pursuit of aviation goals. The undisclosed amount order encompasses 12 A320neo and 93 A321neo aircraft, catapulting Saudia
FMCG
Business Saudi Arabia

98% Of Saudi Consumers Seen In FMCG Purchasing Shift

Echoing A Broader Global Sentiment Consumer behaviour, a dynamic interplay of economic conditions, societal values, and individual priorities, is profoundly transforming in Saudi Arabia. This shift, revealed in NielsenIQ’s Consumer Outlook 2024 report, reveals a new consumer landscape in which preferences are recalibrated. Consumers increasingly gravitate towards
Riyadh
Business Saudi Arabia

IBM To Invest $200 Million In Riyadh Software Lab

Investment Holds The Promise Of A Brighter Future IBM has announced plans to invest $200 million in a new software lab in Riyadh, the capital of Saudi Arabia. This strategic move underscores IBM’s commitment to expanding its investments in the Middle East region and supporting the goals outlined in Saudi Arabia’s Vision 2030. The state-of-the-art […]