Saudi Business News

Saudi Business News We provide insights into Saudi Arabia's evolving business landscape, connecting Western businesses and investors with opportunities in KSA.

Our goal is to be the foremost English-language resource for business insights in and about Saudi Arabia.

History Made: Saudi Arabia Appoints First Female General Manager at Arjaa ATPIZara Higgins has been appointed as the fir...
07/09/2025

History Made: Saudi Arabia Appoints First Female General Manager at Arjaa ATPI

Zara Higgins has been appointed as the first female General Manager of , marking a significant milestone for Saudi Arabia’s corporate travel sector and women in leadership. As a joint venture between and , Arjaa ATPI’s leadership transition aligns with the Kingdom’s , emphasizing women’s empowerment and economic diversification. Zara’s strategic vision and dual role as Global Head of Energy for ATPI Group position the company for growth and innovation in business travel management.

For more information, visit Saudi Business News: https://saudi.news/business/business-travel-leadership-in-saudi-arabia-vision-2030-shift-5467

Saudi Arabia Sees 51% Surge in Blockchain Business Registrations in Q2 2025Saudi Arabia has witnessed a remarkable 51% i...
07/09/2025

Saudi Arabia Sees 51% Surge in Blockchain Business Registrations in Q2 2025

Saudi Arabia has witnessed a remarkable 51% increase in blockchain business registrations in Q2 2025, with over 4,000 companies now operating in the sector. This growth is fueled by regulatory reforms, such as the new Commercial Register Law, which streamline business setup and attract both domestic and foreign investors. Riyadh leads the digital economy boom, while female participation in commercial licenses has reached 49%. These trends highlight the Kingdom’s commitment to and digital transformation.

For more information, visit Saudi Business News: https://saudi.news/business/blockchain-business-boom-in-saudi-arabia-5461

Saudi leasing firm AviLease orders 40 Airbus jets , a subsidiary of Saudi Arabia's , has placed a landmark order for 30...
07/09/2025

Saudi leasing firm AviLease orders 40 Airbus jets

, a subsidiary of Saudi Arabia's , has placed a landmark order for 30 Airbus single-aisle jets and 10 A350 freighters at the Paris Airshow—its first direct deal with . Led by CEO Ted O’Byrne, AviLease also secured options to expand the total order to 77 jets, reinforcing Saudi Arabia’s Vision 2030 strategy to diversify and expand its aviation sector.

For more information, visit our website. Saudi Business News: https://saudi.news/business/avilease-airbus-order-signals-saudi-aviation-ambitions-5459

Nemetschek Group and Nesma Infrastructure & Technology Sign MoU to Drive Digital Transformation in Saudi Arabia’s AEC/O ...
07/09/2025

Nemetschek Group and Nesma Infrastructure & Technology Sign MoU to Drive Digital Transformation in Saudi Arabia’s AEC/O Sector

The has entered into a strategic Memorandum of Understanding with & Technology ( ), aiming to accelerate the digital transformation of Saudi Arabia’s construction and infrastructure sectors. This partnership will implement advanced digital solutions such as , digital twins, and open standards, supporting the Kingdom’s and setting new benchmarks for efficiency, innovation, and sustainability in the AEC/O industry.

For more information, visit Saudi Business News: https://saudi.news/business/digital-transformation-in-construction-vision-2030-partnership-5457

Tesla's Cybertruck Set to Enter Saudi Arabia and UAE Markets Amid Sales Challenges has announced plans to launch its Cy...
07/08/2025

Tesla's Cybertruck Set to Enter Saudi Arabia and UAE Markets Amid Sales Challenges

has announced plans to launch its Cybertruck in and the , marking the vehicle’s first expansion outside North America. Despite initial high expectations set by , global sales of the Cybertruck have significantly underperformed, with fewer than 50,000 units delivered since its 2023 launch. As Tesla faces regulatory and market barriers in Europe and China, the company is targeting niche luxury segments in smaller international markets.

For more information, visit the Saudi Business News website: https://saudi.news/business/cybertruck-sales-expansion-in-middle-east-markets-5373

Oil price slump hits Saudi Arabia’s economic growthSaudi Arabia’s economic growth slowed in Q1 2025 as oil prices fell t...
07/08/2025

Oil price slump hits Saudi Arabia’s economic growth

Saudi Arabia’s economic growth slowed in Q1 2025 as oil prices fell to a four-year low, raising concerns over fiscal sustainability and future projections. The non-oil economy grew by 4.2%, but real GDP rose just 2.7% and oil activities contracted by 1.4%. The International Monetary Fund ( ) has revised Saudi GDP forecasts downward, and the Public Investment Fund ( ) is increasing borrowing to manage ongoing challenges.

For more information, visit our website. Saudi Business News: https://saudi.news/economy/saudi-economic-growth-slows-amid-oil-price-drop-5371

Oil prices might not recover soon. Here’s what that means for Saudi Arabia’s ambitious transformation plansAmid recent d...
07/08/2025

Oil prices might not recover soon. Here’s what that means for Saudi Arabia’s ambitious transformation plans

Amid recent declines in global oil prices, experts warn of significant fiscal challenges for oil-dependent economies, particularly Saudi Arabia. With oil revenues comprising 60% of government income and ambitious projects like and underway, sustained low prices may impact the timeline of Vision 2030 initiatives. While Saudi Arabia remains fiscally resilient, further budget adjustments and delayed giga-projects are possible if oil prices stagnate.

For more information, visit Saudi Business News: https://saudi.news/economy/saudi-oil-prices-impact-on-economy-and-vision-2030-5365

Saudi Arabia Raises $704 Million Through March Sukuk IssuancesSaudi Arabia has successfully raised SR2.64 billion ($704 ...
07/08/2025

Saudi Arabia Raises $704 Million Through March Sukuk Issuances

Saudi Arabia has successfully raised SR2.64 billion ($704 million) through sukuk issuances in March, reinforcing its leadership in the global sukuk market and supporting the Kingdom’s Vision 2030 economic diversification strategy. The issuance, managed by the National Debt Management Center, was divided into four tranches with maturities ranging from 2027 to 2039. According to , Saudi Arabia led the GCC region in primary bond and sukuk issuances for 2024, accounting for 53.7% of the total.

For more information, visit the Saudi Business News website: https://saudi.news/finance/saudi-sukuk-issuance-boosts-debt-market-growth-5321

Saudi Arabia Wearable Technology Market 2025: Industry SizeThe Saudi Arabia wearable technology market is poised for rem...
05/06/2025

Saudi Arabia Wearable Technology Market 2025: Industry Size

The Saudi Arabia wearable technology market is poised for remarkable growth, with the market size projected to surge from USD 672.9 million in 2024 to USD 2,742.4 million by 2033, reflecting a CAGR of 16.9%. Driven by government initiatives, rising health awareness, and digital transformation under Vision 2030, wearable devices—particularly smartwatches and fitness trackers—are seeing widespread adoption across healthcare, fitness, and corporate wellness sectors. Technological advancements and strategic partnerships are further accelerating market expansion.

For more information, visit our website. Saudi Business News: https://saudi.news/technology/wearable-technology-market-in-saudi-arabia-growth-trends-5363

Saudi Arabia's Next Move Could Hit Oil Prices HardSaudi Arabia is poised to accelerate oil output increases as part of t...
05/05/2025

Saudi Arabia's Next Move Could Hit Oil Prices Hard

Saudi Arabia is poised to accelerate oil output increases as part of the latest + strategy, with a planned addition of 411,000 barrels per day in May. Facing fiscal challenges due to Vision 2030 spending, the Kingdom is balancing the need for higher oil prices with diversification efforts, including major investments in manufacturing and mining. Key partnerships with firms like and highlight Saudi Arabia’s determination to boost non-oil revenue and global supply chain resilience.

For more information, visit Saudi Business News: https://saudi.news/economy/opec-oil-production-impact-on-saudi-arabias-economy-5319

Teenager Uses Metaverse Technology to Connect Chinese and Saudi StudentsAt just 13 years old, Alia Kong is leading the S...
04/23/2025

Teenager Uses Metaverse Technology to Connect Chinese and Saudi Students

At just 13 years old, Alia Kong is leading the Superbund Alpha Project, an innovative initiative harnessing metaverse technology to bridge cultural gaps between students in and . Through virtual avatars and immersive workshops, students from both nations can share their heritage and build meaningful connections. With support from honorary advisor Alaudeen Alaskary, the project exemplifies the potential of to shape international understanding using emerging technologies.

For more information, visit Saudi Business News: https://saudi.news/technology/metaverse-cultural-exchange-initiative-5199

Saudi Arabia’s non-oil exports to UAE surge 10% in January: GASTATSaudi Arabia’s non-oil exports to the climbed to SR7...
04/23/2025

Saudi Arabia’s non-oil exports to UAE surge 10% in January: GASTAT

Saudi Arabia’s non-oil exports to the climbed to SR7.10 billion in January 2025, marking a 10% monthly increase and reflecting the Kingdom’s robust efforts in economic diversification under . Machinery and mechanical equipment led exports, while the General Authority for Statistics ( ) highlighted further growth in non-oil exports to major markets including and . Non-oil activities now account for 52% of GDP, underscoring the Kingdom’s shift beyond oil revenues.

For more information, visit Saudi Business News: https://saudi.news/economy/saudi-non-oil-exports-surge-to-uae-5195

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