Tag: Saudi Arabia Business News
Saudi Arabia-based Sary raises $30.5mn in Series B funding
Saudi Arabia-based B2B eCommerce marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq (VSQ) with participation from new investors...
Saudi-based ACWA Power to build largest wind farm in Central Asia
Saudi Arabia-based power plant developer ACWA Power has signed an implementation agreement with the Ministry of Investments & Foreign Trade and the Ministry of...
Saudi dairy firm Almarai to pour $1.76bn into poultry business expansion
Saudi Arabian multinational dairy company Almarai is planning to invest $1.76 billion (6.6 billion Saudi riyals) over the next five years to expand its...
Privatization: Saudi Arabia looks to sell grain silo sites to foreign,...
Saudi Arabia, one of the world’s biggest buyers of wheat and barley in the world, is preparing to sell some of its grain silos...
Saudi Arabia to reopen its borders for citizens on May 17
Saudi Arabia will lift its ban on citizens traveling abroad and will reopen its land, sea, and air borders on May 17, according to...
Saudi’s TDF, Riyad Bank unveils ‘Tourism Partners’ to develop 113 projects
The Tourism Development Fund (TDF) of Saudi Arabia, in collaboration with Riyad Bank, launched the "Tourism Partners" program, allocating up to $530 million in...
Smart cities to drive Saudi diversification agenda: Report
According to research and consulting firm Frost & Sullivan, smart cities will accelerate Saudi Arabia's diversification and significantly contribute to its Gross Domestic Product...
Royal Commission for AlUla reveals $15bn master plan for public-private partnership
Saudi Arabia's governing body of protected sites Royal Commission for AlUla (RCU) has confirmed that its regeneration project ‘The Journey Through Time' master plan...
