Business & Money | Tuesday 29 April, 2025 8:56 am

Saudi Arabia undergoes economic revolution: Prince Alwaleed bin Talal

Prince Alwaleed bin Talal Al Saud said the transformation taking place in Saudi Arabia is both historic and personal, expressing confidence in the country’s shift toward economic diversification, while referring to the Kingdom’s sweeping social reforms.  In an interview with Forbes...

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Business & Money | Tuesday 29 April, 2025 8:52 am

Property rental rules underway: Al-Hogail

Saudi Arabia’s Minister of Municipal and Rural Affairs and Housing, Majid Al-Hogail, said Riyadh needs between 120,000 and 130,000 new housing units annually due to strong demand, while the market currently supplies only 40% to 50% of that need.   He said recent government measures ...

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Environment & Energy | Tuesday 29 April, 2025 8:49 am

NMDC Energy continues growth momentum into 2025 with robust Q1 financial results

NMDC Energy PJSC (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), has reported strong financial results for the period ending 31 March 2025, with robust performance defined by healthy project activity and diversified revenue contribution. NMDC Energy achieved 25%...

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Tourism & Hospitality | Tuesday 29 April, 2025 8:48 am

Ahmed bin Saeed opens Arabian Travel Market 2025

His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, today opened the 32nd edition of Arabian Travel Market (ATM), a leading global event for the travel and tourism...

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Business & Money | Tuesday 29 April, 2025 8:45 am

Saudi Aramco's unit, Sinopec ink $4B JV deal

Saudi Aramco's Singapore-based unit, Aramco Asia Singapore Pte. Ltd. (AAS), signed an agreement with China Petroleum & Chemical Corp. (Sinopec) and its unit Fujian Petroleum Chemical Company Ltd. (FPCL) to establish a joint venture (JV) company with a registered capital of $3.95 billion,...

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Business & Money | Tuesday 29 April, 2025 8:44 am

Exclusive Forbes Middle East Interview with HRH Prince Alwaleed bin Talal Al Saud On Power, Tariffs & The New World Order

 In a landmark conversation at Kingdom Center Tower in Riyadh, His Royal Highness Prince Alwaleed bin Talal Al Saud sat down exclusively with Forbes Middle East, offering rare and timely insights into the implications of a potential second Trump presidency, the mounting risks of global...

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Business & Money | Tuesday 29 April, 2025 8:43 am

Saudi Arabia’s leading automotive aftermarket event inaugurated by Mr. Ajlan bin Saad Al-Ajlan

Automechanika Riyadh, Saudi Arabia’s leading regional trade show for the automotive aftermarket industry, has been officially inaugurated by Mr. Ajlan Saad Al-Ajlan, Vice Chairman of Board of Directors, Riyadh Chamber, with the event continuing until Wednesday, 30 April, at the Riyadh...

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Tourism & Hospitality | Tuesday 29 April, 2025 8:41 am

Middle East business travel spending adapts to global shifts, reaching 6.1% growth in 2025, say experts at IBTM@ATM 2025

Current trends in business travel spending, changing global economic conditions, and the increasing impact of regional economic strategies have emerged as significant forces shaping the future of business travel in the Middle East.  Today, experts gathered at the new Business Events Stage ...

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Tourism & Hospitality | Tuesday 29 April, 2025 8:38 am

GCC visitor numbers to Germany continued to grow in 2024

The German National Tourist Office GCC (GNTO GCC) announced today (Monday, 28th April) that GCC visitors to Germany have grown steadily to over 489,689 in 2024, a steady year-on-year increase of 1.2% and an impressive 21% increase when compared with the total visitor numbers in 2022.  The ...

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Business & Money | Tuesday 29 April, 2025 8:34 am

World With Purpose KSA 2025 opens in Riyadh, leading the agenda for global and regional family businesses driving sustainable economic development

The second edition of World With Purpose KSA 2025, created by Roberta Calarese, Founder and CEO of GHAYA, opened earlier today in Riyadh, under the theme The Purpose Legacy – Where family businesses meet to write the future. GHAYA, the organisation behind World With Purpose, has firmly...

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