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Stay informed on the latest legal, regulatory, business and market developments relevant to Saudi Arabia and the region.
Despite rising regional tensions, Saudi companies continue to attract investment. Investcorp, the leading global alternative investment firm, said on Tuesday it joined a consortium led by AlTouq Group and Thara Future Investments in the acquisition of REDA…
Oil prices rose in early Wednesday trading after Yemeni Houthi militants claimed to have struck Saudi Arabia’s biggest refinery and Abha International Airport, raising concerns about potential supply disruption.
Chairman of Yemen’s Presidential Leadership Council Dr. Rashad Al-Alimi visited the headquarters of the King Salman Humanitarian Aid and Relief Center (KSrelief) in Riyadh on Tuesday for the launch of a new package of humanitarian and charitable projects for…
The foreign ministers of Egypt and Saudi Arabia spoke via phone about efforts to manage and prevent escalation in the ongoing regional crisis. They emphasized the importance of ongoing consultation and coordination.
The foreign ministers of Egypt and Saudi Arabia spoke via phone about efforts to manage and prevent escalation in the ongoing regional crisis. They emphasized the importance of ongoing consultation and coordination.
Saudi Arabia is moving to strengthen its grip on Asian energy markets by storing crude oil in Singapore from the second half of 2027, according to Energy Minister and Minister of Industry and Mineral Resources Prince Abdulaziz bin Salman.
Key developmentSaudi Arabia has cleared the way for citizens as young as 15 to do business under a sweeping new commercial transactions law, a move aimed at bringing more young entrepreneurs into the economy while strengthening the Kingdom's business regulations.
A Saudi-backed sports technology company is using AI to identify potential football superstars overlooked by conventional scouting networks. Discovering the next Cristiano Ronaldo, who plays for Saudi Arabia’s Al Nassr, offers clubs a precious competitive…
Saudi Aramco is investing in oil storage as it seeks to offer stronger operational resilience in the event of future energy shocks like those experienced this year.
Saudi Arabia has assembled the building blocks of a global gaming empire, but faces the challenge of managing its buyout of games developer Electronic Arts, shedding debt and integrating its acquisitions with its domestic startups.
Houthi attacks on Saudi Arabia are upending Riyadh Air’s launch by forcing it to shift operations away from the capital and cancel flights, disrupting the new airline’s efforts to establish itself as a premium name in global aviation.