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In "SAUDI ARABIA"
Saudi Gazette report JEDDAH — Foreign investments in the Saudi economy have exceeded SR3 trillion by the end of the first quarter of 2025.According to the data released by the Saudi Central Bank (SAMA), foreign investments increased for the first time during this period to SR3,048.5 billion, a 16 percent increase compared to the same period in 2024.Foreign investments include foreign direct investment (FDI), which represents 33 percent of the total, equivalent to SR995.5 billion; portfolio investments, which include equity, investment fund shares, and debt securities valued at SR1,244.6 billion; and other investments valued at SR808.4 billion.It is noteworthy that foreign investment inflows into Saudi Arabia jumped by 24 percent during the first quarter of 2025, reaching SR24 billion...
July 08, 2025
Foreign investments in Saudi Arabia jump 16% to SR3 trillion by 1Q 2025
July 08, 2025
Saudi, Iranian FMs discuss regional developments
Saudi Gazette report JEDDAH — King Abdulaziz International Airport, Jeddah continued its upward operational momentum during the first half of 2025, with welcoming a total of 25.5 million passengers. This figure marks a 6.8 percent increase compared to the same period last year.The airport reported significant growth in the number of flights, which exceeded 150,000, reflecting a 6.3 percent year-on-year rise. Additionally, 29.4 million pieces of luggage were handled, marking an 11.9 percent increase and underscoring a sharp rise in travel activity.During the period, 4.8 million bottles of Zamzam water were distributed. The airport recorded its busiest operational day on April 5, when it welcomed 178,000 passengers — a clear indication of its expanding capacity during peak seasons. These...
July 08, 2025
Jeddah airport welcomes 25.5 million passengers in first half of 2025
July 08, 2025
UNHRC unanimously adopts Saudi resolution on Child Protection in Cyberspace
July 08, 2025
Alkhorayef highlights promising opportunities for Saudi - Russian industrial collaboration
July 08, 2025
Over 20 million pilgrims benefit from Makkah Grand Mosque's advanced services last year
July 08, 2025
Saudi Arabia reaffirms support for a secure and stable Afghanistan at UN session
Saudi Gazette reportRIYADH — Saudi Arabia recorded a 51% year-on-year increase in business registrations for blockchain technologies by the end of the second quarter of 2025, according to figures released Tuesday by the Ministry of Commerce.The number of active blockchain business records rose to 4,005, up from 2,644 in the same period last year, as the Kingdom continues its push to diversify the economy and foster technological innovation under Vision 2030.Riyadh led all regions with 2,463 registered businesses, followed by Makkah with 806, the Eastern Province with 430, Madinah with 104, and Al-Qassim with 51.The Ministry of Commerce said the growth reflects rising interest among entrepreneurs and firms in adopting advanced digital solutions, and shows growing confidence in Saudi...
July 08, 2025
Saudi Arabia sees 51% surge in blockchain business registrations by Q2 2025
Saudi Gazette report RIYADH — The Ministry of Commerce recorded a significant increase in the number of commercial registrations related to the hospitality sector during the second quarter of 2025.According to the ministry’s report, the number of commercial registrations for holiday homes and chalets jumped by 42 percent, reaching 8,617 by the end of the second quarter of this year, compared to 6,063 during the same period last year. This reflects the rising demand for tourism accommodation services and the expansion of investment in this vital sector.The Riyadh region topped with 3,216 in the list of regions with the most registrations, followed by Makkah with 3,047, the Eastern Province with 721, Madinah with 515, and it was followed by Asir.Hospitality unit reservation activity also...
July 08, 2025
Commercial registrations for holiday homes and chalets jump 42% in 2Q 2025
Saudi Gazette report MOSCOW — Minister of Industry and Mineral Resources Bandar Alkhorayef met with Russian Minister of Industry and Trade Anton Alikhanov in Moscow.During the meeting, they discussed opportunities to advance cooperation in industrial development, manufacturing localization, and mining-sector partnerships. Alkhorayef emphasized the Kingdom’s interest in leveraging Russia’s industrial expertise, particularly in heavy equipment, agricultural machinery, chemicals, automotive, manufacturing, and advanced materials — sectors that complement Saudi Arabia’s National Industrial Strategy.They also explored building effective investment partnerships to take advantage of available opportunities in knowledge and technology transfer, innovation, and industrial research. They...
July 08, 2025
Alkhorayef emphasizes Saudi keenness on leveraging Russia’s industrial expertise
